In each of the last three years – from 2020 through 2022 – Indian Banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial Banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
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9 of World's 10 most air-polluted cities in South Asia, deadly air causes 2 million premature deaths - World Bank
Urgent action needed to curb deadly air pollution in South Asia A new report by the World Bank states that Nine out of the world’s 10 cities with the worst air pollution are in South Asia. Ambient air pollution is a public health crisis for South Asia, not only imposing high economic costs but also causing an estimated 2 million premature deaths each year. The health impacts of air pollution range...
More »Tamil Nadu Govt Must Reconsider Its Move Mandating Aadhaar For Schemes - Sarasvati NT
The Internet Freedom Foundation has requested the Tamil Nadu government to provide residents with a choice to produce an alternate document of identification - Medianama The Internet Freedom Foundation (IFF) has written to the Tamil Nadu Finance Secretary requesting the government to provide residents with a choice to produce an alternate document of identification such as a driving license, voter ID, or passport to avail benefits of government schemes. Violation of privacy and...
More »India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea
A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...
More »The Centre has not paid MGNREGA wages in Bengal for a year - Nachiket Deuskar
- Scroll.in The right to work has been suspended in the state as a result of a political battle over upcoming elections. People working under the Mahatma Gandhi National Rural Employment Guarantee Act in West Bengal have not been paid their wages for more than a year now with the Union government stopping the payment of funds. Bengal is the only state impacted by this stoppage, Scroll.in reports. MGNREGA is a national...
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