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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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Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign

-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...

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Are Loan Waivers Not 'Freebies' to Corporates, Asks DMK In Application Before SC

-TheWire.in In an application seeking to implead itself in the 'freebies' petition, the party said in its first three years, the Narendra Modi government wrote off loans worth Rs 72,000 crore of the Adani Group. New Delhi: The Dravida Munnetra Kazhagam (DMK), the ruling party of Tamil Nadu, said the petition on “freebies” is politically motivated and asked if the BJP-led Union government’s move to waive off loans of companies is not...

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Double trouble -Jaideep Hardikar

-The Telegraph While the BJP and Opposition continue with their political machinations, the larger issues on the ground are these: climatic aberrations and consequent losses How are we supposed to deal with long, dry spells as well as sudden and extreme rainfall in the same season? Or drought in one state and floods in another,for that matter? While the Bharatiya Janata Party and the Opposition continue with their political machinations, the larger...

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Bharudpura Dam in MP faces disaster after first filling in Aug 2022

-South Asia Network on Dams, Rivers and People (SANDRP) Bharudpura dam (also called Karam dam) on Karam river, a tributary of Narmada river, near Gujari village in Dharampuri Tehsil of Dhar district of Madhya Pradesh faced major disaster after the very first filling in August 2022 when there was seepage from and Massive erosion of the dam wall starting from Aug 11, 2022. The disaster at the Rs 304.44 crore project...

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