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Rural term deposits fall for first time in eight years -Vivek Kaul

-Livemint.com As of 31 March, the total outstanding term deposits with banks in rural India contracted by 1.05% to ₹6.99 trillion from a year earlier Every three months, the Reserve Bank of India (RBI) declares region wise data for term deposits. As of 31 March, the total term deposits of commercial banks in India rose 8.42% to ₹86.4 trillion from a year earlier. Term deposits are money that depositors keep in a bank...

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Jean Dreze, the Belgian-born hunger economics expert, interviewed by Sindhu Bhattacharya (Moneycontrol.com)

-Moneycontrol.com Jean Dreze, the Belgian-born hunger economics expert, on the devastation of Covid, what plagues MNREGA, central government’s relief measures, stimulus packages, vaccination drive and more. The big lesson from the havoc wrought by Covid-19 is that India must abandon the “fragmented” US model of healthcare, which is a colossal failure, according to developmental economist Jean Dreze. A Belgian-born hunger economics expert who has co-authored books with Nobel laureates Amartya Sen and...

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40% MGNREGA wage payments for April, May still pending -Priscilla Jebaraj

-The Hindu Centre taking 26 days to clear payment orders generated by States: study Almost 14% of MGNREGA wage payments from April are still pending more than a month later, while 60% of May payments are also pending, according to scheme data. A recent study of the MGNREGA wage transactions in Jharkhand shows that while the States are generating fund transfer orders without delays, it is the Centre which is dragging its...

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Govt. has an active role to play during the pandemic in terms of nutritional support, education & jobs, says IFPRI report

A recent report by the International Food Policy Research Institute (IFPRI) states that the countrywide lockdown imposed on 25th March, 2020, which was extended for nearly two months in phases, affected the food and nutritional status of vulnerable sections of the Indian population. It says that a programme like the Mid-Day Meal Scheme covers four-fifth of primary-school-aged children in the country that helps in improving not only nutrition but also...

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Genome sequencing: Govt deviates from target set by national research consortium -GS Mudur

-The Telegraph Health ministry asks for 15 samples each from five labs and five hospitals in every state every two weeks, which is less than the 5% prescribed for each state The Union health ministry has asked each state to send 150 Covid-positive samples fortnightly for genome sequencing, deviating from the original target set by a national research consortium to genome-sequence 5 per cent of positive cases from all states. The move has...

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