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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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83 lakh new NREGA cards since April, record surge in 7 years - Harikishan Sharma

-The Indian Express Covid effect: 28.32% jump over last year, UP tops with 173% rise in new cards IN a clear sign that MGNREGA has emerged as a safety net for lakhs amid the economic distress triggered by Covid-19, over 83 lakh new households have been issued job cards under the scheme during the first five months of the current financial year. Signficantly, this number — from April 1 to September 3—...

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Steady decline in farm sector suicides from 2016 to 2019, NCRB data shows -Deeptiman Tiwary

-The Indian Express A comparative study of data on Accidental Deaths and Suicides released by NCRB shows that suicides in the agriculture sector have declined by 10% — from 11,379 in 2016 to 10,281 in 2019. Suicides in the farm sector have steadily declined over four years, according to the latest data released by the National Crime Records Bureau (NCRB). A comparative study of data on Accidental Deaths and Suicides released by NCRB...

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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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