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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...

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Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign

-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...

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Survey data on poverty and broad policy pointers -R Srinivasan and S Raja Sethu Durai

-The Hindu There needs to be engagement with survey data, but ground-level realities should shape programmatic interventions Based on multidimensional poverty measurement, the Poverty Ratio (Head Count Ratio) in Tamil Nadu declined from 4.89% in 2015-16 to 1.57% in 2020-21, based on the fourth and fifth rounds of the National Family Health Survey (NFHS) data. Is this too good to believe? Maybe so. Academics have questioned the quality of NFHS data for...

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3-day MGNREGA dharna concludes today after highlighting the demands of the workers to the media & policymakers

-Press note by NREGA Sangharsh Morcha dated August 4, 2022 On the final day of the 3-day dharna, despite heavy rains, hundreds of mazdoors from 15 states stayed on at Jantar Mantar to continue raising their voices. Currently, 14 states are running a negative balance on NREGA funds, and 64 percent of the budget for this financial has already been spent. More than Rs. 6800 crores are due in wages to...

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Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study

Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...

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