-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged...
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Mid-day Meal-Related Food Poisoning Cases at 6 Year Peak: CAG -Sabrang India
-Sabrang India/ Newsclick.in An audit by CAG blame poor infrastructure, insufficient inspections, irregular licensing and limited reporting. The Hindu reports that as schools re-opened and students returned to the classroom -two years after the pandemic -- serious cases of food poisoning due to the consumption of mid-day meals have resurfaced, and even grown. In the last 90 days alone as many as 120 students suffered from food poisoning across schools in Karnataka,...
More »Dropping out: Editorial on India Discrimination Report 2022
-The Telegraph The women’s labour force participation rate, which measures the proportion of women in the age group of 15 to 64 who are working or are actively seeking work, has been estimated to be 25.1 per cent India Discrimination Report 2022 has been recently published by Oxfam. The data used in this report are drawn from the National Sample Survey, Periodic Labour Force Survey, and the All India Debt and Investment...
More »No Transparency, Accountability or Public Participation when ISA Approves Exploratory Deep-Sea Mining
-Press release by Mineral Inheritors Rights Association (MIRA) dated September 21, 2022 The United Nations Convention on the Law of the Sea (UNCLOS) declares that the area beyond the limits of national jurisdiction (comprising the seabed, ocean floor and subsoil, excluding the water above) (the “Area”) and its resources, are the Common Heritage of Humankind. All rights in the resources of the Area are vested in humankind as a whole. UNCLOS provides...
More »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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