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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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3-day MGNREGA dharna concludes today after highlighting the demands of the workers to the media & policymakers

-Press note by NREGA Sangharsh Morcha dated August 4, 2022 On the final day of the 3-day dharna, despite heavy rains, hundreds of mazdoors from 15 states stayed on at Jantar Mantar to continue raising their voices. Currently, 14 states are running a negative balance on NREGA funds, and 64 percent of the budget for this financial has already been spent. More than Rs. 6800 crores are due in wages to...

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Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study

Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...

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What’s causing mass fish death in India’s ponds and lakes? -Ananya Vyas

-Mongabay India * Every year, several ponds and lakes across various Indian states become sites of mass fish deaths. * The primary cause for this phenomenon is water pollution, most often stemming from anthropogenic activities. * A key parameter of water quality is dissolved oxygen which can indicate the capacity of a water body to support aquatic life. In a survey of water bodies across six Indian states, not a single water body...

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Couch scribes -Sevanti Ninan

-The Telegraph Twitter is making journalism lazy Some sixteen years after the micro-blogging site was created,Twitter occupies more mind space on an hourly basis than its social media rivals. It is currently most used for news breaks in times of conflict,revolution or negotiation and for direct communication by politicians and governments. The rest of the time it offers opinion-mongering by journalists and the public at large and becomes a platform for journalists and...

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