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India: Why are suicides among farmers on the increase? -Murali Krishnan

-Deutsche Welle/ The Telegraph Financial burdens caused by climate change and government polices have led to an rise in the number of suicides among agricultural workers, experts say. The Maharashtra state has suffered more than most New Delhi: In India, over 600 farmers in the region of Marathwada, Maharashtra state, have died from suicide this year, according to official figures, with a majority of deaths blamed on rains that damaged thousands of...

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Public sector banks have ensured financial inclusion, finds a new empirical study

Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...

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Are Loan Waivers Not 'Freebies' to Corporates, Asks DMK In Application Before SC

-TheWire.in In an application seeking to implead itself in the 'freebies' petition, the party said in its first three years, the Narendra Modi government wrote off Loans worth Rs 72,000 crore of the Adani Group. New Delhi: The Dravida Munnetra Kazhagam (DMK), the ruling party of Tamil Nadu, said the petition on “freebies” is politically motivated and asked if the BJP-led Union government’s move to waive off Loans of companies is not...

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Over 500 MGNREGA Workers Protest Against Delay in Wage Payments at Jantar Mantar

-TheWire.in The workers spoke about the persistent delays in wage payments, how they did not get work when they demanded it, and how no compensation was provided when they were injured or even killed at the workplace. New Delhi: More than 500 Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers from across 15 states gathered at Jantar Mantar in the national capital on Wednesday, August 3, to protest against the delayed...

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Bengal NREGA workers face food security crisis -Soumyadip Mullick

-The Statesman The central government needs to clear pending funds, worth Rs 2,600 crore, and as per the MGNREGA Act, pay compensation of 0.05 per cent on daily wages. With the alleged lack of jobs and wages for MGNREGA workers in three districts of West Bengal, the Paschim Banga Khet Mazdoor Samity (PBKMS), based on the report of a fact-finding committee, has warned that these workers are facing an acute food security...

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