There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
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At India’s Climate, Finance and Policy Intersection, Big Infra Remains King -Amitanshu Verma
-TheWire.in * As of last year, financial Institutions from India were the third-largest investors out of six countries financing 80% of the world’s coal investments. * A 2021 report found that ICICI, the State Bank of India, Axis Bank, Trust Group and HDFC were among the fourth-biggest group of financiers of coal-based projects worldwide. * Indian commercial banks’ large-scale investment in Big Infra has exposed the Indian people’s savings and personal investments to...
More »Supreme Court asks Union Home Ministry to collect reports from eight States on ‘attacks on Christians’ -Krishnadas Rajagopal
-The Hindu Bench clarifies it has not formed any opinion on the veracity of the allegations by petitioners The Supreme Court on Thursday directed the Ministry of Home Affairs (MHA) to obtain from eight States information about the registration of FIRs, status of investigation, arrests and chargesheets filed in incidents petitioners allege to be attacks targeting the Christian community and Institutions. The eight States in question are Bihar, Haryana, Chhattisgarh, Jharkhand, Odisha, Karnataka,...
More »Public sector banks have ensured financial inclusion, finds a new empirical study
Are public sector banks (PSBs) important for the economy? Have the PSBs served the purpose for which they were created? Could the PSBs compete efficiently against the private sector banks (PVBs)? These are some of the questions, which have been answered by a chapter in the RBI Bulletin's August edition. Efficiency of PSBs Co-authored by Snehal S Herwadkar, Sonali Goel, and Rishuka Bansal (2022) of the Banking Research Division, Reserve Bank of...
More »UP to get Harvard experts, MP goes for mother tongue — how states are implementing NEP -Kritika Sharma
-ThePrint.in Haryana's announced free education for underprivileged girls, Karnataka working on improving administrative aspects of Institutions, according to presentations made to Union govt. New Delhi: While Uttar Pradesh plans to get its college teachers trained by experts from Harvard University, Haryana is considering offering free education to underprivileged girl students as part of its National Education Policy (NEP) 2020 implementation plans, ThePrint has learnt. This was discussed at two meetings — the first...
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