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MUDRA loans is another crisis in the making, says Raghuram Rajan -Raghuvir Srinivasan

-The Hindu Flags risks in MUDRA, Kisan credit card loans in his report to MPs’ panel New Delhi: Former RBI Governor Raghuram Rajan has cautioned that the next crisis in India’s banking sector could come from loans given to the unorganised micro and small businesses, called MUDRA loans, and credit extended through the Kisan credit card. MUDRA loans are offered under the Prime Minister Mudra Yojana or PMMY, launched in 2015 by the...

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Weeks after flood, Kerala fights dry spell -Shaju Philip

-The Indian Express IMD, Thiruvananthapuram, director S Sudevan said the state has received hardly any rain since the beginning of this month. Thiruvananthapuram (Kerala): An unusual dry spell coupled with the reported fall in the groundwater level in flood-hit areas of Kerala has emerged as a cause of concern. IMD, Thiruvananthapuram, director S Sudevan said the state has received hardly any rain since the beginning of this month. Weekly rainfall for the whole...

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Cause for caution: On India's GDP growth -Puja Mehra

-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the FIRst quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...

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'Uneducated, unmarried women have less access to mobiles': study -Karishma Mehrotra

-The Indian Express The research shows that India’s mobile phone gender gap - 33 per cent - is among the highest in the world, surpassing several countries with comparable incomes, development levels, and mobile phone costs. New Delhi:  Apart from economic constraints, social barriers like the level of education, marital status and the lack of empowerment prevent women’s access to mobile technology in India, suggests a study by the Harvard Kennedy School. The...

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With Attack on Himachal Man, Number of Murdered RTI Activists Rises to 73 -Gaurav Vivek Bhatnagar

-TheWire.in Family members of slain Kedar Singh Jindan, along with several locals and activists, have demanded a CBI probe into the matter. New Delhi: Even as the Centre dithers on implementing the Whistleblowers Protection Act, which was passed four years ago to protect anyone who exposes alleged wrongdoing in government bodies, another name has been added to the growing list of RTI activists who have been killed for raising disturbing questions. The...

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