-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...
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WeToo: Women in farming seek gender parity -Basant Kumar Mohanty
-The Telegraph March sought equality for farm workers New Delhi: A band of bold women is outing alleged predators in newsrooms in the country while another group of women is hitting the streets to bar their gender from the Sabarimala temple in Kerala. In the middle of the twin turmoil and away from the limelight, as many as 25,000 people from the election-bound heartland had last week set out on a long march...
More »UIDAI to set up Aadhaar Seva Kendras
-PTI Aims to cover 53 cities across India at an estimated cost of Rs 300-400 crore New Delhi: The Unique Identification Authority of India (UIDAI) plans to set up ‘Aadhaar Seva Kendras’, similar to the concept of Passport Seva Kendras, covering 53 cities across India at an estimated project cost of Rs 300-400 crore, official sources said. These proposed Aadhaar centres, meant to facilitate enrolment, updation and other activities, will be UIDAI’s own...
More »SC to RBI: Reply to plea over Banks not passing on rate cuts -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court asked the Reserve Bank of India on Monday to break its 10-month silence and reveal its decision on complaints that Banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to Banks). Petitioner ‘MoneyLife Foundation’ told the court that it wrote to RBI last...
More »RBI data on Public Sector Banks: In four years, Banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned Banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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