-The Hindu Business Line Banks continue to pursue recovery in written-off accounts, says FM Nirmala Sitharaman Scheduled commercial banks have recovered just 13 per cent of the total write-off in the last five years, Finance Ministry data presented in the Rajya Sabha on Tuesday showed. In response to two separate questions on the issue, the Ministry presented data on write-off and recovery. “As per inputs received from RBI, SCBs (schedule commercial bank) wrote-off an...
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Commercial crops edging out food grains in Karnataka -Pavan Kumar H
-Deccan Herald Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively Paddy, jowar and ragi, the staple food grains of Karnataka, are slowly losing ground to commercial crops like maize, areca and cotton. Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively. The area under maize cultivation has expanded...
More »Constant Rise In Govt Schools Admission & Decline In Private Schools Post-Covid: MoE Report
-PTI/ The Telegraph * As per the data recorded in UDISE+, the enrolment in government schools was 13.09 crore during 2019-20. It rose to 13.49 crore in 2020-21 and to 14.32 crore in 2021-22 * The Central Government through the Centrally Sponsored Scheme of Samagra Shiksha, provides assistance to the States and UTs for the deployment of additional teachers to maintain appropriate Pupil-Teacher Ratio (PTR) as per the prescribed norms for various...
More »Inflation at 11-month low, eases to 5.88%
-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...
More »RBI's Inflation Mandate Failure Report Cannot Be Made Public, Government Tells Parliament
-ANI/ NDTV.com The government told Parliament that the RBI had submitted its report on the inflation target failure, but it cannot be made public. New Delhi: The government on Monday told Parliament that the Reserve Bank of India (RBI) had submitted its report on the breach of the inflation target for three consecutive quarters, but it cannot be made public per the provisions of the RBI Act. Union Minister of State for Finance...
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