-The Telegraph Decision to further restrict the export was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by PM Narendra Modi New Delhi: The Modi government on Thursday further restricted the export of wheat flour to curb rising prices as shipments have increased over 200 per cent during the April-July period compared with last year. The government in May had banned the export of wheat. The decision to...
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Gujarat govt on plea challenging release of 11 convicts
-The Telegraph The plea in the apex court has been filed by CPI(M) leader Subhashini Ali, journalist Revathy Laul and activist Roop Rekha Rani The Supreme Court on Thursday sought responses from the Centre and the Gujarat government on a plea challenging the remission granted to 11 life convicts in the case of Bilkis Bano's gangrape and murder of her family members. A bench headed by Chief Justice N V Ramana issued notice...
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 »Raise coverage under food security Act: Supreme Court tells Centre -Bhavini Mishra
-Business Standard The apex court directed the Centre to re-determine coverage in accordance with Section 9 of the NFSA The Supreme Court directed the Centre to come out with a solution so that benefits under the National Food Security Act (NFSA) are not restricted in accordance with the Census 2011. And, more and more needy persons get the benefits under the Act. Keeping in mind that the ‘Right to Food’ is a fundamental...
More »A rain dampener for kharif crops this monsoon poses price risks -Dharmakirti Joshi and Adhish Verma
-Livemint.com An uneven distribution of rainfall has left several key rice-producing states parched even as others had to battle excess water The patchy progress of the southwest monsoon this year has cast a long shadow on India’s kharif crop produce, particularly of rice, which is an important constituent of the government’s food distribution programmes. The threat comes right after wheat production in the rabi season took a hit from heatwaves and at...
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