-ThePrint.in In 'The Working of the Indian Constitution', T.M. Thomas Isaac examines the functioning of GST to assess if its high expectations have been realised. The Goods and Service Tax (GST) Council has been hailed as a model federal institution, where both states and the centre are represented, and consensus is arrived through a detailed deliberative process. Until the 38th GST Council meeting in December 2019, there had not been a single...
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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...
More »Urad prices rise, govt may ask traders to declare stock -Prabhudatta Mishra
-The Hindu Business Line Rate hike due to lower acreage, fear of crop damage Urad dal prices in the retail market have increased on an average by Rs.3-5/kg in the past one week while at some places the surge is Rs.13/kg to about Rs.110-120/kg, mainly due to overall lower acreage and fear of crop damage after incessant rains in the growing region of Madhya Pradesh. Kendriya Bhandar, a Central government-run cooperative, has...
More »Why are Madhya Pradesh farmers throwing away their garlic crops? -Rakesh Kumar Malviya
-Down to Earth The production of the allium has doubled in the last decade; Chinese, Iranian garlic with larger cloves in greater demand, say farmers There have been several calls to allow garlic export after several video clips on social media showed farmers from Madhya Pradesh throwing out or burning their crops, allegedly over low prices of the allium. One clip making rounds showed the crop being dumped into a river, while another...
More »Rise in hysterectomies among young women, at private hospitals will cause a crisis; here is why -Jesty Saira Varghese
-Down to Earth Undergoing hysterectomy at younger ages can have adverse health impacts including osteoporosis and cardiovascular diseases The rise in cases of hysterectomy or the surgical procedure for uterus removal in India has been a cause of concern in recent years, with critics complaining that doctors are too quick to take out the uterus at the smallest sign of trouble. While it is difficult to gauge the actual extent of the problem...
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