-The Telegraph No other state has ever been denied funds for such a long period under the scheme, which provides for up to 100 days of paid, unskilLED work to every rural household in a year New Delhi: The Centre’s decision to stop funds to Bengal under the Mahatma Gandhi National Rural Employment Guarantee Act will have denied job opportunities to 30 lakh rural families in the state this year, a study...

-Factchecker.in/ Scroll.in MGNREGA is a social security and employment scheme which aims to provide at least 100 days of guaranteed employment in a year to every rural household. Union Finance Minister Nirmala Sitharaman, while addressing the Lower House of the Parliament on December 14, claimed that the demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act is declining. “There is now very obviously a declining demand for jobs in the...

-The Hindu ‘Commercial banks may have to raise deposit rates more to meet a surge in credit demand; while banks have swiftly transmitted increases to lending rates, deposit rates have been laggards for most’ Under the backdrop of a highly uncertain global environment caused by globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian economy was exhibiting signs of a gradual strengthening of the growth...

-The Telegraph In the last three years since the UPA alliance LED by Hemant Soren came to power in December 2019, there has been a sixfold increase in the number of women self-help groups receiving community investment funds Jamshedpur: Sustained drive by the Jharkhand State Livelihood Promotion Society (JSLPS) has LED to the fruition of empowerment of the rural economy, a dream of Jharkhand chief minister Hemant Soren. In the last three years...

-The Hindu Business Line Retailers’ Association of India pointed out that the impact of inflationary challenges on the discretionary segment was visible Retailers posted a 15 per cent growth in sales in November over pre-pandemic levels. According to the latest edition of Retail Business Survey released by the Retailers’ Association of India (RAI), this growth was LED by segments such as footwear, sports goods and jewellery. The industry body, however, pointed out...