-ANI/ NDTV.com The government told Parliament that the RBI had submitted its report on the inflation target failure, but it cannot be made public. New Delhi: The government on Monday told Parliament that the Reserve Bank of India (RBI) had submitted its report on the breach of the inflation target for three consecutive quarters, but it cannot be made public per the provisions of the RBI Act. Union Minister of State for Finance...
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Constant Rise In Govt Schools Admission & Decline In Private Schools Post-Covid: MoE Report
-PTI/ The Telegraph * As per the data recorded in UDISE+, the enrolment in government schools was 13.09 crore during 2019-20. It rose to 13.49 crore in 2020-21 and to 14.32 crore in 2021-22 * The Central Government through the Centrally Sponsored Scheme of Samagra Shiksha, provides assistance to the States and UTs for the deployment of additional teachers to maintain appropriate Pupil-Teacher Ratio (PTR) as per the prescribed norms for various...
More »Inflation at 11-month low, eases to 5.88%
-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...
More »Over 5 years, banks recovered just 13% of ₹10-lakh-cr loan write-off: Finmin data -Shishir Sinha
-The Hindu Business Line Banks continue to pursue recovery in written-off accounts, says FM Nirmala Sitharaman Scheduled commercial banks have recovered just 13 per cent of the total write-off in the last five years, Finance Ministry data presented in the Rajya Sabha on Tuesday showed. In response to two separate questions on the issue, the Ministry presented data on write-off and recovery. “As per inputs received from RBI, SCBs (schedule commercial bank) wrote-off an...
More »Rabi area rise boosts bumper crop hopes, but warm winter a concern -Zia Haq
-Hindustan Times The total cultivated area under wheat, the main winter staple currently in short supply, jumped 25% as on November 10, compared to the corresponding period of last year, latest official data showed, boosting hopes of a bumper 2022-23 crop. Acreages of most rabi or winter-sown crops stand higher than last year, the farm ministry’s data showed. However, a warmer-than-average winter so far remains a concern for farmers because wheat needs...
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