-Business Standard The headline figure has Been in the expansion zone for the sixteenth consecutive month since August 2021 India's services activity recovered to a three-month high in November as services firms benefited from accommodative demand. New business inflows rose markedly and at the quickest pace in the last three months. The Purchasing Managers' Index (PMI) for the services sector released by credit rating agency S&P Global improved to 56.4 in November from...
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Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has Been...
More »What Centre Told Supreme Court On Pleas Challenging Demonetisation
-PTI/ NDTV.com The Centre said judicial review of an economic policy may be restricted to where the court may only determine if there is a rational nexus with the object sought to be achieved through the means. New Delhi: Fake currency, terror financing and black money are three evils and are like 'Jarasandha' (an antagonist in Mahabharat) and should be cut into pieces, the Centre told the Supreme Court on Monday while...
More »India tops list of Covid-related religious hostilities in 2020: Pew Research Center
-The Telegraph Study records targeting of minorities during pandemic, including use of social media handles like ‘#CoronaJihad’ New Delhi: The Washington-based think tank Pew Research Centre has come out with a study that puts India at the top of its index of social hostilities involving religion in 2020 in the context of the impact of Covid restrictions. The study has recorded the targeting of minorities in India during the pandemic, including the use...
More »Work demand under MGNREGS at 4-month high, FY23 funds almost exhausted -Raghav Aggarwal
-Business Standard The budgetary allocation for MGNREGS has already Been exhausted, if pending liabilities for the financial year are included Demand for work under India’s biggest anti-poverty scheme increased to a four-month high in November, government data showed as budgetary support for it is almost exhausted this financial year. More than 22.5 million people applied for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in November, the highest since August....
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