-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of Gold, unlike in 2020, when people chose to take out loans against Gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his Gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...
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Indian family budgets are stretched, they’re borrowing more. Faster vaccination can fix this -Ila Patnaik and Radhika Pandey
-ThePrint.in RBI data shows a sharp increase in households borrowing against Gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against Gold. In addition to borrowing from the...
More »Defunct ventilators, ICU under construction: The grim reality of Jaisalmer’s district hospital -Mausami Singh
-IndiaToday.com Jaisalmer’s Jawahir Hospital caters to more than eight lakh people. Amid the second Covid wave, it has turned into a picture of negligence and apathy. Jaisalmer: Known for its shimmering dunes and majestic forts, the city of Jaisalmer seems to have lost its lustre during the second wave of the Covid-19 pandemic. Little do the tourists who flock to the Golden City know that Jaisalmer’s health infrastructure is in a decrepit...
More »The Election Commission of India was built on public trust -Narayani Basu
-The Indian Express Amid recent questions about the ECI’s autonomy, a look at how the body has steered India’s electoral history. On March 15, the Citizens’ Commission on Elections (CCE), chaired by retired Supreme Court judge Madan B Lokur, which examines critical aspects of conducting elections, released the second part of its report. Titled “An Inquiry into India’s Election System,” the report evaluated the integrity and inclusiveness of the electoral rolls, increasing...
More »UGC asks universities to encourage students to write “cow science” examination
-The Hindu Tamil, Malayalam study material includes claims that cow dung protects from nuclear radiation, slaughter causes quakes The University Grants Commission has written to all Vice-Chancellors asking them to encourage students in their universities and affiliated colleges to write the Central government's "indigenous cow science" examination later this month. The study material for the examination includes claims that cow dung is used as protection against radiation in nuclear centres in India and...
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