-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...
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MUDRA loans is another crisis in the making, says Raghuram Rajan -Raghuvir Srinivasan
-The Hindu Flags risks in MUDRA, Kisan credit card loans in his report to MPs’ panel New Delhi: Former RBI Governor Raghuram Rajan has cautioned that the next crisis in India’s banking sector could come from loans given to the unorganised micro and small businesses, called MUDRA loans, and credit extended through the Kisan credit card. MUDRA loans are offered under the Prime Minister Mudra Yojana or PMMY, launched in 2015 by the...
More »Over 700 vacancies in varsities since March, but just 2.5% for SCs, 0 for STs -Shalini Nair
-The Indian Express This data was revealed during inter-ministerial consultations for issuing an ordinance to overturn the circular and the court order that treats departments/ subjects as a unit for implementing reservation, instead of taking the university/ college as a whole. New Delhi: OF THE 700-odd vacancies for teaching posts generated across several universities since the University Grants Commission’s (UGC) March 2018 circular on a new formula for reservation, only 2.5 per...
More »Flood situation grim in North East: Assam, Arunachal Pradesh on high alert; disaster management teams on stand-by in Meghalaya
-Firstpost.com India's two Northeastern states, Assam and Arunachal Pradesh, have been put on a flood high alert after upper riparian state China alerted India on Thursday about the rising water levels in Tsangpo river. Tsangpo, which enters India through Arunachal Pradesh is known as the Siang river in the state. Further downstream, Siang river joins Lohit and Dibang rivers to form the Brahmaputra in Assam. Thus, a spate in the Chinese river...
More »Cash still the king. Cash savings highest in a decade -Gayatri Nayak
-The Economic Times Demonetisation seems to have had no impact on cash savings by the Indian household, Savings are again going out of the banking system with share of savings in form of cash touching decade high and that of deposits touching decade lows. While currency in circulation is at Rs 19.38 lakh crore is much higher than pre-demonetisation levels, household savings in form of cash and currency has surged to...
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