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Credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23: RBI report

-The Hindu ‘Commercial banks may have to raise deposit rates more to meet a surge in credit demand; while banks have swiftly transmitted increases to lending rates, deposit rates have been laggards for most’ Under the backdrop of a highly uncertain global environment caused by Globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian economy was exhibiting signs of a gradual strengthening of the growth...

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Apprenticeship, social security key agendas before 110th ILC

-The Hindu Indian delegation to bring up exploitation of apprentices The 110 th session of the International Labour Conference (ILC) will launch the first round of discussions on setting standards for apprenticeships. India is sending three delegations on behalf of the Government, employers and employees to participate in various group meetings of the ILC, beginning on Sunday at the headquarters of the International Labour Organisation (ILO) in Geneva. The ILC will have a...

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Globalisation and its discontents, in Haryana -Roshan Kishore

-Hindustan Times From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana From January 15, 2022, a law giving 75% reservation for local residents in private sector jobs will come into effect in Haryana. To be sure, the policy will only apply to jobs where the monthly salary is up to ₹30,000. The announcement has already triggered a rethink among...

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India’s water is being exported as agri-exports; is there a solution -KAS Mani

-Down to Earth It is critical for us to adopt the circular water management model of treating and rejuvenating wastewater at source, along with efficient water management strategies to reduce water demand India’s agricultural exports registered a growth of 17.34 per cent, garnering $41.25 billion in foreign exchange for 2020-21 despite the novel coronavirus disease (COVID-19) pandemic. In rupee terms, this is equivalent to Rs 3.05 lakh crore. For a government faced...

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Why the poor are leaning right -Pranab Bardhan

-Business Standard How support for left and right-leaning parties is changing in social composition Some decades back the typical voting pattern in many democracies used to be that the rich and upper middle classes used to vote in general for right-leaning parties, while the relatively poor voted for left-leaning parties. But in recent decades this pattern has been shifting: many of the professional or more educated voters in some of those countries...

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