-TheWire.in Methodological innovation is required to re-evaluate and investigate how backwardness is defined. The 11 criteria the Mandal Commission specified could act as a framework. The passing of the 124th Amendment Bill of the Indian constitution on January 14, 2019, made the way for a 10% ‘economically weaker sections’ or EWS quota in (a) educational institutions run by the Union government and private institutions (except those managed by minorities), and (b) in...
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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 »India Has Come a Long Way Since 1947, But Much Still Needs to Be Done -Virginius Xaxa
-TheWire.in The need of the hour is to reorient policies built on Equity, not only economic, political and social, but also ecological and environmental. India is completing the 75th year of its independence. It is a moment of celebration and, at the same time, an occasion to remember all those known and unknown who laid down their lives during a long struggle to make India free from the yoke of colonial rule. It...
More »Chhattisgarh: Mining & Allied Activities Promises In INC’s 2018 Election Manifesto Yet to be Implemented
-Press release by Mineral Inheritors Rights Association dated August 4, 2022 The promises made by the INC during the 2018 elections for the Chhattisgarh Legislative Assembly in the Mining and Allied Activities portion of their manifesto are yet to be implemented. Four years have passed, and the Indian National Congress (INC) has yet to implement any of the five promises stated in the Mining & Allied Section of their 2018 Chhattisgarh Legislative...
More »EPFO avoids proposal to hike Equity investment limit to 20%
-PTI/ The Telegraph Retirement fund body introduces a facility to allow its over 73 lakh pensioners to submit digital life certificate using face authentication technology Retirement fund body EPFO has not taken up the proposal to hike the investment limit in equities to 20 per cent from the existing 15 per cent, following demand for more deliberation from employees’ representatives in its trustees’ meet earlier this week. “The proposal to enhance investment in...
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