-The Hindu College dropout Jeeva turns life saver for residents of a remote island in the Krishna estuary EELACHETLADIBBA (Andhra Pradesh): Four years ago, when 22-year-old Sykam Jeeva dropped out of junior college unable to cope with academics, he began working at a clinic. A resident of Eelachetladibba island in the Krishna estuary, Mr. Jeeva picked up hands-on basic medical skills at the facility in Nagayalanka, the nearest town on the mainland. Today,...
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Centre revives plan to check e-tailers' discounts, freebies -SidhARTha
-The Times of India NEW DELHI: The government has revived plans to put e-commerce players on a tight leash, including imposing checks on discounting and unbridled cashbacks and freebies, in a bid to clamp down on “predatory behaviour”. Sources told TOI that the commerce and industry ministry is looking at ways to strengthen the e-commerce sector while safeguarding the interests of domestic retailers. Many of them are complaining about serious loss of...
More »The numbers game -Puja Mehra
-The Hindu A structural break can be observed in the GDP back series before and after the year 2011-12 India’s national income statistics are under a cloud. The Central Statistics Office (CSO) has released official revisions of the GDP estimates for the years 2004-05 to 2013-14 in the Manmohan Singh-led government’s tenure. The revisions make the Narendra Modi government’s performance on the economic front appear better than that of its predecessor. In 2015,...
More »Bank credit: is it growing, and where's it going? -Aarati Krishnan
-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....
More »Kamal Nath waives farm loans up to Rs. 2 lakh after assuming office as MP Chief Minister
-PTI Congress had promised during the poll campaign that if it wins, it would implement farmers’ loan waiver within 10 days of coming to power. Bhopal: Loans up to Rs. 2 lakh of Madhya Pradesh farmers will be waived, with Kamal Nath on Monday signing a file to this effect soon after he was sworn in as the State’s 18th Chief Minister on December 17. After Mr. Nath signed the file, Principal Secretary...
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