KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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Indian banks gave more home loans than agricultural credit
In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »As PM’s ‘Mann ki Baat’ urges awareness, experts say malnutrition as much a food availability issue -Abantika Ghosh
-ThePrint.in Experts say governance issues and gaps in understanding the root of the problem thwart eradication efforts. Minor improvement in indicators, but India caught in malnutrition cycle. New Delhi: On Sunday, Prime Minister Narendra Modi spoke about the Indian government’s nutritional programmes and how they have helped in reducing the problem of malnutrition. Yet, 47 years after the government instituted the Integrated Child Development Services (ICDS) — one of India’s oldest flagships...
More »Costing norms for mid-day meals, Anganwadis not revised despite food inflation -Shagun
-Down to Earth Schools, Anganwadis find it difficult to meet nutritional needs of children, mothers, as a result Schools and Anganwadi centres (AWC) are finding it difficult to effectively run programmes that address the nutritional needs of children and mothers. This is because the government has not revised costing norms for mid-day meals despite inflation, teachers and activists said. There is an urgent need to re-evaluate the cooking cost of programmes such as...
More »Covid-19 puts a spanner in Centre’s skill development works -Radheshyam Jadhav
-The Hindu Business Line Number of placements under the flagship PMKVY scheme plunged during 2020-21 There’s a drastic decline in the number of unemployed youth getting placements under the short-term training programme of the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) scheme during the Covid-19 pandemic. Launched in 2015, the PMKVY is among the Flagship Programmes of the Ministry of Skill Development and Entrepreneurship that aim to mobilise and train youth according to the...
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