-Hindustan Times As the public sector has contracted, there has been no other good employer that has emerged to take its place despite the economic expansion of manufacturing and services sectors. Despite several decades of rapid growth of the Private Sector in India, the allure of a public sector job, historically associated with security, steady pay, and multiple benefits, continues to remain strong for most Indians. The protests following the announcement of...
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Bank credit growth accelerates to 14.2% in June quarter
-PTI/ The Hindu RBI says credit growth has been broad-based, outpacing deposit growth Bank credit growth accelerated to 14.2% in the quarter ended June 2022 from 6% in the same period of the previous year, RBI data showed on Thursday. In the quarter ended March 2022, bank credit had expanded by 10.8%. The Reserve Bank of India (RBI) on Thursday released the 'Quarterly Statistics on Deposits and Credit of SCBs for June 2022'. This...
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 »TB nutrition aid falls short -Taran Deol
-Down to Earth Hurdles in availing financial support under Nikshay Poshan Yojana will exacerbate India’s tuberculosis crisis Only two-thirds of people living with tuberculosis benefitted from the Union government’s sole nutrition support scheme last year, highlighting bottlenecks in the fight against a major public health concern. The Nikshay Poshan Yojana entitles every tuberculosis (TB) patient, seeking treatment in either the public or Private Sector, to a direct benefit transfer (DBT) of Rs 500...
More »Centre to launch new anti-TB programme focused on nutrition
-The New Indian Express One of the main thrust areas of the programme will involve encouraging adopting TB patients so that their nutritional needs are met. NEW DELHI: Even as tuberculosis, one of the biggest killers, saw a 19 percent increase in 2021, the Centre has now planned to launch a new programme -- Pradhan Mantri TB Mukt Bharat Abhiyan (PMTBMBA) -- that will encourage financial contributions from not only non-governmental organisations...
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