-The Hindu Business Line Will help strengthen existing channels of distribution, says Finance Ministry New Delhi: The Centre’s social security scheme for the aged — the Atal Pension Yojana (APY) — will now also be available at small finance and payments Banks, the Finance Ministry said on Friday. “To strengthen the existing channels of APY distribution, it is felt that these new payments Banks and small finance Banks will provide a boost to...
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FRDI Bill: Centre drags its feet in responding to House panel -AM Jigeesh
-The Hindu Business Line Joint committee likely to seek term extension New Delhi: If the pace at which the Joint Committee on the FRDI Bill has held proceedings is any indication, the Centre seems to have developed cold feet on getting the legislation passed. In January, the committee has had all but two sittings. The panel has a mandate till April 6, the last day of the Budget Session of Parliament, but sources...
More »Kaushik Basu, Professor of Economics and the C. Marks Professor of International Studies at Cornell University, interviewed by Mohit M Rao (The Hindu)
-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...
More »Goa's iron ore reserves may exhaust within ten years, opine expert
-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...
More »How India's Extraordinary 'Baolis' Began to Disappear -Malvika Singh
-TheWire.in In The Vanishing Stepwells of India, Victoria Lautman articulates how a traditional water conservation system was foolishly destroyed when the British took the reins. It is not difficult to comprehend the importance of water conservation. The resource is as precious and far more valuable than gold. Water will always be scarce and in arid, dry regions, the liquid is worshipped. It is an integral element in rituals that manifest faith. All...
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