-PTI/ The Hindu RBI says credit growth has been broad-based, outpacing deposit growth Bank credit growth accelerated to 14.2% in the quarter ended June 2022 from 6% in the same period of the previous year, RBI data showed on Thursday. In the quarter ended March 2022, bank credit had expanded by 10.8%. The Reserve Bank of India (RBI) on Thursday released the 'Quarterly Statistics on Deposits and Credit of SCBs for June 2022'. This...
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TB nutrition aid falls short -Taran Deol
-Down to Earth Hurdles in availing financial support under Nikshay Poshan Yojana will exacerbate India’s tuberculosis crisis Only two-thirds of people living with tuberculosis benefitted from the Union government’s sole nutrition support scheme last year, highlighting bottlenecks in the fight against a major public health concern. The Nikshay Poshan Yojana entitles every tuberculosis (TB) patient, seeking treatment in either the public or PRIvate sector, to a direct benefit transfer (DBT) of Rs 500...
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...
More »A rain dampener for kharif crops this monsoon poses PRIce risks -Dharmakirti Joshi and Adhish Verma
-Livemint.com An uneven distribution of rainfall has left several key rice-producing states parched even as others had to battle excess water The patchy progress of the southwest monsoon this year has cast a long shadow on India’s kharif crop produce, particularly of rice, which is an important constituent of the government’s food distribution programmes. The threat comes right after wheat production in the rabi season took a hit from heatwaves and at...
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