-The Hindu How is the ethanol blending programme connected to the rice export ban? The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and Semi-milled or wholly-milled rice. The measures do not affect export of basmati or parboiled rice. The Secretary at the Department of...
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A layperson's guide to understanding the global Human Development Report 2021/22
It is hard for the media to ignore the findings of global Human Development Report (HDR) whenever a newer and updated version is released. Every time when the HDR is published by the United Nations Development Programme (UNDP), media persons and commentators tend to compare the performance of their respective countries with that of performance in previous years as also with respect to the relative performance of other nations. One of...
More »Why do unethical pharma practices thrive? -T Srikrishna and S Srinivasan
-The Hindu Business Line The laws concerned are riddled with loopholes. A mandatory, enforceable code for ethical pharmaceutical marketing is a must The recent kerfuffle over a particular brand of the painkiller paracetamol 650 mg tablet is not really over the particular brand as much as about the unethical marketing tactics of the pharmaceutical industry in India. Gone are the days when a mere ball-point pen or a diary from a medical representative...
More »Bank credit growth accelerates to 14.2% in June quarter
-PTI/ The Hindu RBI says credit growth has been broad-based, outpacing deposit growth Bank credit growth accelerated to 14.2% in the quarter ended June 2022 from 6% in the same period of the previous year, RBI data showed on Thursday. In the quarter ended March 2022, bank credit had expanded by 10.8%. The Reserve Bank of India (RBI) on Thursday released the 'Quarterly Statistics on Deposits and Credit of SCBs for June 2022'. This...
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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