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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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The shackles of 1861 need to go -RK Vij

-The Hindu Though much has changed, attention needs to be paid to lingering issues in India’s police agency As India is celebrating 75 years of Independence, the police continue to be in the public gaze, most often for antagonistic reasons. Criminal laws and procedures, though modified, and the shadows of India’s colonial legacy do not appear to leave the police agency any time soon. Changes to the IPC India’s parliamentarians rose to the occasion...

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Around 12 Crore Persons 60+ Years Old; 85% Not Covered by Pension -Pulkit Sharma |

-Newsclick.in After BJP came to power in 2014, there has been no change in the coverage or amount disbursed under various pension schemes; inflation too not taken into account. New Delhi: There has been no change in the scope and amount of National Pension Schemes since the Bharatiya Janata Party (BJP) came to power in 2014. According to the data released by the National Social Assistance Programme of the Ministry of Rural...

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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...

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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...

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