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MSME suffers most during COVID, lockdown; Public sector banks have MSME NPA of Rs. 1,37,087 crore

-National Herald According to the RBI, gross non-performing assets of MSMEs increased by Rs. 20,000 crores from September 2020 (when it was Rs. 1,45,673) to September 2021 (when it became Rs. 1,65,732 crore) Micro, small and medium enterprises (or MSMEs) seem to be the sector most hit by the pandemic since 2020. According to the Reserve Bank of India, gross non-performing assets of MSMEs increased by Rs. 20,000 crores from September 2020...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Grassroots solution: In the Sundarbans, scientists are trying a new way to spur mangrove growth -Sahana Ghosh

-Mongabay/ Scroll.in Grasses can boost mangrove Restoration by strengthening erosion-riddled and nutrient-deficient patches in the region. Baby mangroves with leathery leaves peep out through lush meadows of grass that greet the Bay of Bengal. Soon enough these densely clumped blades and tufts of salt-tolerant grasses, in a degraded patch in the Indian Sundarbans, will fix the erosion-riddled saltmarsh to aid mangroves to expand their turf. “As they change the sea-soaked soil for the better...

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Unable to access various state govt. schemes & benefits, many tenant farmers have committed suicides in Andhra Pradesh, reveals a new report

-Press release by Rythu Swarajya Vedika dated March 8, 2022 A new report on tenant farmers in Andhra Pradesh by Rythu Swarajya Vedika reveals how the denial of land owners' signatures on the Crop Cultivator Rights Cards is adversely affecting them. The Rythu Swarajya Vedika (RSV), a network of organizations and individuals working for the well-being and rights of farming community, released Part-1 of the report of its extensive study of tenant farmers...

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Medical education in India needs an urgent cure: Student evacuation in Ukraine highlights inadequacies and shortages -Seema Sachdeva

-The Tribune “WHAT AFTER THIS?” That was the only thought on the mind of third-year MBBS student Tanishq Sharma from Delhi as he returned safely from Ukraine after the country was attacked by Russia. Tanishq had scored 95 per cent marks in Class 12, but his rank in the National Eligibility-cum-Entrance Test (NEET) wasn’t good enough to get him admission in a government college in India. “The fee in most private...

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