-Moneylife.in State Bank of India (SBI) has again refused to share the names of borrowers who owe Rs100 crore or more, even with its shareholder. Over the past nine years, from FY13-14 up to FY21-22, SBI has written off bad loans of over Rs145,248 crore of big defaulters, while recovering just over 13% from them. SBI told social activist and shareholder Vivek Velankar, "The Bank is under statutory and regulatory obligations to...
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Over 1.6 lakh Indians gave up their citizenship in 2021, Centre tells Lok Sabha
-Scroll.in Majority of the persons, who left India, became citizens of the United States. The Union Home Ministry on Tuesday told the Lok Sabha that 1,63,370 persons gave up their Indian citizenship in 2021. The figure is higher as compared to 2020 when 85,256 persons had renounced their Indian citizenship, according to the ministry’s data. In 2019, the figure stood at 1,44,017. The data was provided by Minister of State for Home Affairs Nityanand...
More »Consumption of non-veg food items has risen since 2015-16, points out NFHS-5 data
Is India a country where most people eat vegetarian food? The answer to this question is a bit complex. The consumption of either vegetarian or non-vegetarian food depends not just on one's personal choice but also on one’s geographical location, caste and religious background, gender and marital status. There are other determining factors as well behind a person's choice of food. The results of the newly released data of the fifth...
More »What’s falling: Poverty or quality of analysis? -Santosh Mehrotra
-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...
More »NPRD Welcomes SC Order Allowing Physically Disabled Persons to Apply for IPS, IRPFS, DANIPS Services
-Newsclick.in The rights group in its writ petition had contended that the blanket exemption given to these services of a non-combatant nature from recruiting people with disabilities was unconstitutional. After a writ petition by the National Platform for the Rights of the Disabled (NPRD), the Supreme Court on Friday passed an interim order allowing physically disabled persons, who have cleared the civil services exam, to provisionally apply to the Union Public Service...
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