-Livemint.com Data from the latest KLEMS India database shows that employment in the Indian economy shrank by 0.1% in 2015-16 and by 0.2% in 2014-15 Mumbai: Employment in the total Indian economy shrank by 0.1% in financial year 2015-16 and by 0.2% in 2014-15. Far from more jobs being created, employment has actually contracted. That is the finding from the latest KLEMS India database, a research project supported by the Reserve Bank of...
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NITI Aayog release ranking of most backward districts -- 11 out of 20 are muslim concentrated -Mumtaz Alam
-CaravanDaily.com NEW DELHI: The Niti Aayog, new avatar of the erstwhile Planning Commission, has released a ranking of 101 most underdeveloped districts in the country. Mewat, a Muslim-dominated district hardly two-hour drive from the national capital, is country’s most backward district. The Aayog on Wednesday released a baseline ranking of 101 districts on the basis of 49 indicators across five sectors – Health and Nutrition (30% weightage), Education (30%), Agriculture and Water...
More »Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »Part of NCR, Mewat is most backward district -Mahendra K Singh
-The Times of India NEW DELHI: Mewat in Haryana is the most backward district of the country followed by Asifabad (Telangana), Singrauli (MP), Kiphire (Nagaland) and Shrawasti (UP), reveals Niti Aayog's ranking of 101 aspirational (backward) districts. The Aayog released the baseline ranking for 101 aspirational districts based on 49 indicators across five sectors that includes health and nutrition (30% weightage), education (30%), agriculture and water resources (20%), financial inclusion and skill...
More »Maharashtra: Govt sees bitter truth in too much sugarcane -Shubhangi Khapre
-The Indian Express Highly-placed sources in the state government said, “The crop diversification model is region- wise taking into account the soil health and climate conditions that will evolve in a time-bound manner.” Mumbai: The Maharashtra government has decided to push a crop diversification model to create a better mechanism for demand and supply and higher renumeration for small and marginal farmers across state. The decision has come at a time of...
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