-The Times of India RANCHI: If deposits in banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA Wages with bank accounts and...
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Resurgent agricultural sector to have larger share in economy-Vinay Pandey
-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...
More »Authority to address health issues of mine workers-Aarti Dhar
-The Hindu In the wake of references being made to investigate the health issues of mine workers, the Indian Council of Medical Research (ICMR) proposes to establish a statutory authority. Cancer, tuberculosis, silicosis, diabetes, musculoskeletal disorders and pulmonary function impairment such as asthma affect mine workers. The proposed authority will coordinate with the Ministries and authorities concerned for taking administrative, legal and medical action. The ICMR has approached the State governments for developing a...
More »'Demonetisation of Notes Won't Help Curb Black Money'
-PTI Demonetisation of high denomination currency notes like Rs 1,000 and Rs 500 may not help curb black money which is largely held in the form of benami properties, bullion and jewellery, a Finance Ministry report says. "One common demand from the public is that high denomination currency notes, particularly Rs 1,000 and Rs 500, should be demonetised", says a committee headed by the CBDT chairman in its report to the Finance...
More »Unemployment dole on the way out in State?-KPM Basheer
-The Hindu Unemployment dole, introduced in Kerala in 1982, the first State to do so, could soon be a thing of past if Labour Minister Shibu Baby John has his way. “We need to rethink on the unemployment dole as it does not serve any purpose now,” Mr. John toldThe Hindu . The government spends Rs.50 crore a year on the unemployment assistance scheme and there are roughly 3.5 lakh people getting...
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