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Big rural credit push from RBI, start-ups put in priority SECtor -George Mathew

-The Indian Express Loan limits for renewable energy, health infrastructure doubled The Reserve Bank of India (RBI) on Friday brought financing of start-ups under the priority SECtor lending (PSL) category of the banking SECtor, proposed more credit flow to districts with lower PSL, and doubled loan limits for renewable energy and health infrastructure “to align it with emerging national priorities and bring sharper focus on inclusive development.” In a bid to address regional...

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Rehabilitation of Gulf returnees: Telangana to start training, provide jobs in construction SECtor -Rahul V Pisharody

-The Indian Express Over 19,000 Gulf returnees register with government for training at the National Academy of Construction. As the latest unlock guidelines come into effect, Telangana has decided to go ahead with the rehabilitation of the Gulf migrants who have recently returned to the state owing to Covid-19 pandemic and other reasons. While the pandemic has expedited the process of their return, it was in October last year that Telangana Chief Minister...

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Punjab's Agriculture SECtor Can't Rest on its Past Glory -Siraj Hussain

-TheWire.in From seeds and machinery to livestock and irrigation, the state needs to change the status quo. One eye must be firmly kept on the future. If Punjab’s agriculture SECtor is to succeed, it has to think beyond short-term crises such as the current pandemic-induced one. For instance, the Expert Group headed by Montek Singh Ahluwalia has made important recommendations about seeds, agricultural research, livestock, dairy and food processing. It has been noted that...

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New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade

Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....

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A guide to flattening the curve of economic chaos -Jayati Ghosh

-The Hindu Well-thought-out policies can reverse the results of incompetence; the onus is on the Centre to spend now Now it is official: India has managed to become the global leader in the number of new daily cases of COVID-19 and the worst performing of all major economies during the pandemic so far. How did we manage this double feat? Not through ‘acts of god’, but because of the incompetence and apathy...

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