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Oxfam's India Discrimination Report: Women in India earn less and get fewer jobs

-Press release by Oxfam India dated 15 September 2022 New Delhi: Oxfam India’s latest ‘India Discrimination Report 2022’ finds women in India despite their same educational qualification and work experience as men will be discriminated in the labour market due to societal and employers’ prejudices. The academically recognised statistical model applied in the India Discrimination Report is now able to quantify the discrimination women face in the labour market. The lower...

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Inflation in basic commodities higher in rural areas than urban: Consumer Price Index -Himanshu Nitnaware

-Down to Earth Among states, West Bengal had the highest inflation at 10.29% The All India Consumer Price Index (CPI) for the month of August 2022, released by the National Statistical Office September 12, was found to be higher for rural areas than urban ones. The CPI in rural areas — 7.15 per cent — was higher compared to 6.72 per cent in urban markets. The Consumer Food Price Index (CFPI) for rural...

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Damage overstated -Anamitra Anurag Danda

-The Telegraph Amplifying the capacity of mangroves as bio-shields against extreme events possibly helped Bengal tap into MGNREGA funds Within weeks of the Indian Ocean tsunami on December 26, 2004, I was watching video clips of the event at the Choto Mollakhali market in the Gosaba block of South 24 Parganas. One message that came through these video clips was that fewer lives were lost where there was coastal vegetation. This positively...

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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...

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RBI Bulletin: A big bang approach to PSB privatisation may do more harm than good

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to privatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges...

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