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Indian banks gave more home loans than agricultural credit

In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...

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Enrollment levels highest in a decade, sharp drop in reading ability of children - ASER 2022 report

-   Annual Status of Education Report, 2022 The Covid-19 pandemic resulted in some of the longest school lockdowns in the world in India. How has it affected learning and literacy? The Annual Status of Education Report (ASER) 2022 reveals a mixed bag of results. Here are the most important findings: * Enrollment levels have reached the highest level since the implementation of the Right to Education Act was implemented in 2009....

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The Centre has not paid MGNREGA wages in Bengal for a year - Nachiket Deuskar

- Scroll.in The right to work has been suspended in the state as a result of a political battle over upcoming elections. People working under the Mahatma Gandhi National Rural Employment Guarantee Act in West Bengal have not been paid their wages for more than a year now with the Union government stopping the payment of funds. Bengal is the only state impacted by this stoppage, Scroll.in reports. MGNREGA is a national...

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Explained: The millet mission -Sumeda

-The Hindu The year 2023 has been declared as the ‘International Year of Millet’ by the United Nations following India’s proposal. Why is India pushing the world to bring these nutri-cereals back to the dining table? The story so far: The Centre on Sunday kicked off the International Year of Millets, announcing a host of activities across the country to promote the cultivation and consumption of the ‘nutri-cereal’. Central ministries, State governments...

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Why Indian scientists are critiquing IPCC report -- unfair burden on developing countries -Sinrin Sirur

-ThePrint.in Scientists at M.S. Swaminathan Research Foundation claim IPCC projections give rich nations higher energy consumption, cutting down share of developing ones, potentially affecting development. New Delhi: A group of scientists from the Chennai-based M.S. Swaminathan Research Foundation have challenged the assumptions of the sixth assessment report by the United Nation’s Intergovernmental Panel on Climate Change (IPCC), arguing that the modeled scenarios on how to achieve global net-zero emissions place an unfair burden...

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