-Down to Earth 29% increase in suicides by farm labourers from 2019 The National Crime Record Bureau has released an alarming statistic. An agricultural labourer died by suicide every two hours and a total 1,64,033 people died of suicide in India in 2021. The number amounts to 5,563 suicides by farm labourers, which is a 9 per cent increase from 2020 and a 29 per cent increase from 2019. The highest numbers were recorded...
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Realistic analysis shows that the Indian economy has simply taken little steps in Q1 instead of a quantum leap
There is euphoria abound about India's growth performance during the first quarter of the current fiscal. As compared to the corresponding period last year, the year-on-year (y-o-y) GDP growth in the first quarter (Q1) of 2022-23 is down. However, one should take into account the fact that the high growth performance of the real GDP in Q1 of 2021-22 was due to the low base in the corresponding period of...
More »An agricultural labourer died by suicide every 2 hours in 2021: NCRB -Shagun
-Down to Earth Some 5,563 agricultural labourers died by suicide in 2021, according to the latest report of the National Crime Records Bureau Agriculture was said to be the sole bright spot for India’s gross domestic product growth, clocking a positive growth rate when other sectors fell to the pandemic during the last two years. But the growth did not translate much for agricultural labourers as at least one agricultural labourer died...
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...
More »Over 11,000 crop residue management machines go missing in Punjab; vigilance probe ordered
-PTI/ The Hindu Punjab’s Agriculture Minister Kuldeep Singh Dhaliwal said according to initial investigation by the agriculture department, it appears that a sum of ₹125-150 crore has been misused The Punjab government has said it has initiated a vigilance probe into a ₹150-crore scam in the distribution of crop residue management machines among farmers during the previous dispensation led by the Congress. State Agriculture Minister Kuldeep Singh Dhaliwal, in a statement on Wednesday,...
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