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Jharkhand focus on farm credit scheme -Animesh Bisoee

-The Telegraph Drought-like situation prompts the state to widen reach Jamshedpur: Jharkhand, staring at a drought-like situation, has set an ambitious target of linking 25 lakh farmers with the Kisan Credit Card (KCC) scheme by March 2023. The Kisan Credit Card (KCC) loan is available to farmers at a seven per cent interest rate, with a waiver of three per cent of the interest by the Centre, when the loan is repaid within...

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SC sets Oct hearing for DeMo pleas

-PTI/ The Telegraph As the hearing commenced, a constitution bench headed by Justice S.A. Nazeer wondered if the matter survives consideration at this stage The Supreme Court said on Wednesday it will examine if the challenge to the Centre’s 2016 demonetisation decision has become a mere “academic exercise”, and posted it for consideration on October 12.  As the hearing commenced, a constitution bench headed by Justice S.A. Nazeer wondered if the matter survives...

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India: Why are suicides among farmers on the increase? -Murali Krishnan

-Deutsche Welle/ The Telegraph Financial burdens caused by climate change and government polices have led to an rise in the number of suicides among agricultural workers, experts say. The Maharashtra state has suffered more than most New Delhi: In India, over 600 farmers in the region of Marathwada, Maharashtra state, have died from suicide this year, according to official figures, with a majority of deaths blamed on rains that damaged thousands of...

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TB nutrition aid falls short -Taran Deol

-Down to Earth Hurdles in availing financial support under Nikshay Poshan Yojana will exacerbate India’s tuberculosis crisis Only two-thirds of people living with tuberculosis benefitted from the Union government’s sole nutrition support scheme last year, highlighting bottlenecks in the fight against a major public health concern. The Nikshay Poshan Yojana entitles every tuberculosis (TB) patient, seeking treatment in either the public or private sector, to a direct benefit transfer (DBT) of Rs 500...

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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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