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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To bridge the urban-rural divide, India should accelerate economy’s structural transformation -Kalaiyarasan A
-Scroll.in The demand for equitable access to quality education and healthcare should complement agriculture reforms in the country. It has been more than six months since the Samyukt Kisan Morcha – the umbrella organisation representing protesting Indian farmers – ended its 15-month-long agitation at Delhi’s borders against the three farm laws. Some of their demands were met, while their demand for a Minimum Support Price guarantee remains unfulfilled. These developments do little to...
More »Why Eradicating Open Defecation Is Not the Same as Setting up New Toilets -Sujeet Kumar
-TheWire.in * India has reduced open defecation and made some progress to improve sanitation services. But its sanitation system is not yet sustainable and not yet safe. * In Tapoban Basti in Bhubaneswar, some men avoid using the toilet every day to not have to incur the cost of cleaning out the septic tank. * In a basti on the outskirts of Jaipur, a community toilet slowly ran out of water and the...
More »India’s infant mortality rate isn’t a fringe issue -Patralekha Chatterjee
-Deccan Chronicle The latest data from the Registrar-General of India shows that India’s infant mortality rate is 28 (28 infant deaths per 1,000 live births) Infant mortality is the end-result of a whole chain of interlinked ground-level challenges. In a week when the word “fringe” is a headline-grabber, let me start by saying that updates about the country’s infant mortality rate (IMR) is not a fringe issue. It is central to a...
More »How two-wheeler dreams died in the countryside -Alisha Sachdev
-Livemint.com Industry estimates suggest two-wheeler sales for fiscal year 2021-22 (FY22) will close out at 14.5 million units, the lowest volume in almost a decade. This betrays a deep distress in incomes of rural households. Mint explains the fault lines: * Why are two-wheeler sales falling? Rural demand contributes 50-60% of two-wheeler sales in the commuter segment. Price increases, rising fuel prices and unseasonal rains leading to poor crop realizations have hit the...
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