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10 per cent quota: Pool of jobs in govt, Banks shrinking steadily -Aanchal Magazine & Anil Sasi

-The Indian Express The latest data compiled by the Department of Personnel and Training (DoPT) on recruitment over the last three years through the main agencies show a declining trend in selection and recruitment, from 1,13,524 cumulatively in FY2015 to 1,00,933 in FY2017. New Delhi: In terms of employment prospects, beneficiaries of the 10 per cent reservation for economically weaker sections in the general category, which was passed in Parliament last week,...

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States vs central health scheme -ABantika Ghosh

-The Indian Express West Bengal has withdrawn from flagship programme PMJAY, joining 3 other states that have stayed out. What are the reasons behind the states’ reluctance; what could this mean for the programme’s future? New Delhi: On Thursday, West Bengal Chief Minister Mamata Banerjee announced that her state is withdrawing from Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY). Delhi, Telangana and Odisha have stayed out of the programme, while reports...

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Using RBI reserves to fund government expenditure: A misleading debate -Prabhat Patnaik

-The Telegraph Our public discourse should be informed by economic theory that is free of obfuscations For some time now there has been a debate in the country that is as esoteric as it is misleading, namely whether the Reserve Bank of India’s reserves should be drawn down by the government to finance its expenditure. On the one side, the argument is that if the government has to undertake extra expenditure, then, other...

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After 10% quota, Govt plans basic income for poor, aid for farmers -Amitav Ranjan

-The Indian Express The 2017 Economic Survey had flagged the UBI scheme as “a conceptually appealing idea” and a possible alternative to social welfare programmes targeted at reducing poverty. With its legislation on a 10 per cent quota for the general category poor in jobs and education getting parliamentary backing in the run-up to the Lok Sabha elections, the BJP-led government is now exploring the possibility of providing direct benefit transfers...

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Karnataka may weed out 7 lakh farm loans from waiver scheme -Sharath S Srivatsa

-The Hindu In case of loan in both cooperative and commercial Banks, the former qualifies for waiver Bengaluru: The intensive de-duplication work to identity farmers eligible for loan waiver is expected to identify at least 7 lakh people who have loans in both cooperative sector and commercial Banks, resulting in saving of at least Rs.6,000 crore to the State exchequer. A farmer will be eligible for loan waiver from one of the...

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