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Basic Needs Not Freebies; Poor People More Entitled to Receive Them: Jayati Ghosh

-PTI/ Newsclick.in The economist said the word 'freebies' indicates the class position of those who use it. New Delhi: Economist Jayati Ghosh said that 'basic needs' like nutrition, healthcare, housing and education, which the government should provide for its citizens, are not freebies, while asserting that the poor are more entitled to receive their basic needs. Ghosh noted that the word 'freebies' indicates the class position of those who use it. "India has one...

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‘Digging your own grave’: Illegal sand mining devastates Bihar’s rivers -Mohd Imran Khan

-TheThirdPole.net This year, Bihar extended a seasonal ban on mining sand from its rivers. But illegal sand mining continues every day across the eastern Indian state Deep inside the riverine belt of Koelwar in Bhojpur district of Bihar, around four to five kilometres from the main road and well out of sight, a dozen labourers are cutting and digging a portion of the Sone River in bright afternoon sunshine. Bare-chested, wielding spades...

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RBI Bulletin: A big bang approach to PSB PRIvatisation may do more harm than good

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to PRIvatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of PRIvatisation and identifies how an emerging economy like India may face more challenges...

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MSME definition to be modified, FISME calls for suggestions -Ananya Upadhyaya

-Financial Express Due to the steep rise in raw material PRIces, many small enterPRIses have crossed the threshold of small enterPRIses and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium EnterPRIses (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium EnterPRIses (MSMEs) in the country. The criteria for Udyam...

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Cost of a veg Indian thali has jumped 42% since 2015. That too without curd, tea, fruits -Shweta Saini and Pulkit Khatri

-ThePRInt.in For a family of five, the monthly thali cost jumped up from Rs 4,700 in 2015 to Rs 6,700 in 2022 for a lighter diet. Inflation, particularly food inflation, has been centre stage not just in India but globally. Despite moderation observed in India’s June 2022 inflation PRInt, food inflation continues to stay in the uncomfortable zone of 6 to 8 per cent since the start of the year. How does...

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