-Newsclick.in It is clear that the stagnation that was setting in during 2019-20 has persisted and has even intensified now. The estimates of Gross Domestic Product (GDP) for the April-June quarter released by the government on August 31 paint a dismal picture of the Indian economy. Since the GDP in real terms (at 2011-12 prices) shows an increase of 13.5% over the first quarter GDP a year ago, and since 13.5% appears...
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Protest against eviction drives in Delhi-NCR and other cities
-Press release by Freedom from Bondage movement dated 6 September, 2022 New Delhi: As we mark #75thIndependenceDay & #AzadiKaAmritMahotsav, thousands of people who have been evicted from their homes in slums, Jhuggies, settlement colonies and informal sector workers who have been denied their livelihood without any rehabilitation have gathered at Jantar Mantar to raise their voice against the “Bulldozer Raj”. The government is forcibly snatching the land of poor Dalits and...
More »‘Want MNREGA Funds? Show You Acted on 5 Indicators’: Rural Devpt Ministry Reminds States -Pragya Kaushika
-News18.com The Ministry of Rural Development has written to all states reminding them that they need to furnish action taken reports showing compliance to the indicators set by the ministry to avail funds under the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 (MNREGA). “The assessment of the compliance with the indicators brought in to ensure transparency and accountability in the use of MNREGA funds will be done in October,” said Giriraj...
More »The case of the missing scientific Indian -CP Rajendran
-The Hindu India has failed to propagate scientific literacy not only among the public, but also among scientists themselves This 75th year of Independence is a major milestone for India; a time to take stock of the developments in various spheres over the last seven decades. Sadly, with some notable exceptions such as this newspaper, the print and electronic media have not really taken stock of what has happened to science education...
More »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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