-The Indian Express Data collated from the Reserve Bank of India over the last five years shows that growth in credit outstanding for the priority sector has traditionally been rising at a much faster rate than the growth in gross bank credit An uptick in the economy is clear from the improvement in gross bank credit availability but unlike in the past, lending to the priority sector continues to trail, posting single-digit...
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Inadequate data on jobs a policy hurdle: Joshi panel
-Hindustan Times Creation of jobs, or the lack of a sufficient number of them, has moved to the centre stage of political discourse ahead of the upcoming general elections. New Delhi: The National Democratic Alliance (NDA) government’s National Career Portal — the revamped employment exchange — managed to find 707,000 jobs in 2016-17, or jobs for just 1.8% of the 39.1 million people registered with it, Parliament’s Estimates Committee has observed, HT...
More »The failed promise of employment -CP Chandrasekhar
-Networkideas.org As election 2019 approaches, the Modi government, damaged by agrarian distress, is also being challenged by evidence that its record on employment generation has been extremely poor. To recall, in its campaign during the 2014 election which brought it back to power, the BJP-led National Democratic Alliance (NDA) promised to create 10 million jobs every year. The best source of information on employment we currently have is the privately conducted (and...
More »India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam
-PTI At Davos, Oxfam said this increasing inequality is undermining the fight against poverty, damaging economies and fuelling public anger across the globe Indian billionaires saw their fortunes swell by Rs. 2,200 crore a day last year, with the top 1 per cent of the country’s richest getting richer by 39 per cent as against just 3 per cent increase in wealth for the bottom-half of the population, an Oxfam study said...
More »Education secretary tells collectors to ensure mid-day MEAl guidelines are followed
-The Times of India RAIPUR: After finding insufficient calorie content and protein in mid-day MEAls across Chhattisgarh, the state school education secretary instructed collectors to strictly follow the guidelines of mid-day MEAl menu. In a review meeting, school education secretary Gaurav Dwivedi informed collectors that during the sampling test of food nutrition value of mid-day MEAls, 19 districts and five centralized kitchens out of 27 districts were examined with the samples...
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