-The Hindu Brisker Puja sales may not implicate a better economic climate in West Bengal There is added enthusiasm in the celebRATion of Kolkata’s Durga Puja after its inclusion as the 14th entry from India in UNESCO’s ‘Representative List of Intangible Cultural Heritage of Humanity’ last December. But like most major festivals, Durga Puja is not just a cultural extravaganza; it is an economic lifeline for West Bengal. But do we have reasons...
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RATionale behind raising interest RATes -Sashwath Swaminathan nd Anand Srinivasan
-The Hindu A critical facet of the consequences of an interest RATe increase is the correction of asset prices. Interest RATes act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest RATes to curb inflation. The RATionale behind raising interest RATes is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest RATher than consume...
More »PMGKAY Scheme: Will Free RATion for India’s Poor Fill Their Plates Enough? -Aunindyo Chakravarty
-TheQuint.com Not only do we need free RATion for an overwhelming majority but also more for those at the bottom of the pyramid Being affluent, I am on a diet, fasting for 19 hours at a stretch, eating within the remaining five-hour window, and keeping my calories under 800 per day. These are the luxuries of the rich. The poor, who earn their living through hard, back-breaking labour, cannot afford to go...
More »'Every Woman' releases Zero Draft of global treaty on preventing violence against women & girls
-Press release by Every Woman Treaty dated September 30, 2022 Every Woman, a coalition of more than 1,700 women's rights advocates in 128 countries, including India, has developed the findings-based draft instrument (Zero Draft EWT), informed by extensive consultation with experts from all regions of the world, including survivors, frontline activists, medical specialists, practitioners, scholars, human rights attorneys, and policy-makers. This Draft of global binding norm focuses on violence prevention and...
More »Jharkhand focus on farm credit scheme -Animesh Bisoee
-The Telegraph Drought-like situation prompts the state to widen reach Jamshedpur: Jharkhand, staring at a drought-like situation, has set an ambitious target of linking 25 lakh farmers with the Kisan Credit Card (KCC) scheme by March 2023. The Kisan Credit Card (KCC) loan is available to farmers at a seven per cent interest RATe, with a waiver of three per cent of the interest by the Centre, when the loan is repaid within...
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