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...
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Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study
Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...
More »Progress in health and education can help in population stabilisation
With the release of a UNDESA report on the World Population Day this year i.e., July 11, once again the debate on who's responsible for the population growth in India has resurfaced. Titled World Population Prospects 2022, the report states that the global population is expected to touch 8 billion on November 15, 2022, and India is projected to exceed China as the world’s most populous country in 2023. As soon as...
More »Consumption of non-veg food items has risen since 2015-16, points out NFHS-5 data
Is India a country where most people eat vegetarian food? The answer to this question is a bit complex. The consumption of either vegetarian or non-vegetarian food depends not just on one's personal choice but also on one’s geographical location, caste and religious background, gender and marital status. There are other determining factors as well behind a person's choice of food. The results of the newly released data of the fifth...
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