-Scroll.in The author of ‘Bad Money: Inside the NPA Mess and How It Threatens the Banking System’ speaks about Atmanirbhar Bharat and what the media gets wrong. Vivek Kaul is the author of the Easy Money trilogy of books on the history of banking and money and, most recently, of Bad Money: Inside the NPA Mess and How it Threatens the Banking System. In lucid prose, Kaul draws out the history of...
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Lightning kills 83 in Bihar, glare on app -Dev Raj
-The Telegraph High toll indicates that the system has not made any significant difference Patna: At least 83 people were killed by lightning across Bihar on Thursday as heavy rains and thunderstorms lashed the state. “A total of 83 people have lost their lives in lightning strikes in 23 out of 38 districts in Bihar till Thursday evening. Of these, 13 deaths have taken place in Gopalganj, eight each in Madhubani and Nawada,...
More »Lockdown further impoverishes those who were living on the edges of existence even during normal times, finds a new report
A recent survey that was conducted through telephonic interviews among 1,405 respondents across the states of Delhi-NCR, Uttar Pradesh, Bihar, Haryana, Himachal Pradesh, Assam, Rajasthan and Jharkhand reveals the precarious conditions of workers nearly 45 days after the announcement of COVID-19 lockdown. The report entitled Labouring Lives: Hunger, Precarity and Despair amid Lockdown tries to understand the extent (and depth) of job loss and hunger 45 days after the lockdown. Hunger and...
More »High rates, low demand: Stressed MSMEs can’t tap into Govt relief -Sunny Verma
-The Indian Express Viable companies, with good credit history, are able to raise funds, but the most needy among the MSMEs are facing a double whammy: slump in demand and lack of finance. Banks have started disbursing funds to Micro, Small and Medium Enterprises under the 100% Emergency Credit Line Guarantee Scheme announced by Finance Minister Nirmala Sitharaman last month but for many firms, hit hard by the pandemic lockdown, credit is...
More »Urjit Patel is back -- as chief of key economic think tank
-The Indian Express Patel replaces former bureaucrat Vijay Kelkar, who chaired NIPFP for almost six years. He is scheduled to join June 22 and will have a four-year tenure, NIPFP said in a statement. Almost 18 months after his fractious and early exit as Reserve Bank of India Governor, Urjit Patel was Friday appointed chairman of the National Institute of Public Finance and Policy (NIPFP), India’s premier economic think tank. Patel replaces former...
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