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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...

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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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Modern India must have police force which meets democratic aspirations of people: Naidu

-PTI/ The New Indian Express Vice President M Venkaiah Naidu called for particularly strengthening the police units at the grassroots who are the first responders in most cases. NEW DELHI: Vice President M Venkaiah Naidu on Sunday asserted that a progressive, modern India must have a police force which meets the democratic aspirations of the people and called for a renewed thrust to implement police reforms. Addressing a gathering here after releasing a...

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Understanding the NCRB data on suicides with caution

The increase in the total number of suicides committed in India during 2020 in comparison to the previous years has hit the headlines recently. While some media commentators have stated that the economic distress (caused by job loss, income loss, failure of business, and growing hunger, among other things) in 2020 could have led to more suicides being committed, others have said that home isolation and deteriorating mental health (associated...

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Spending on R&D will determine India’s future progress, key message of the latest UNESCO Science Report

Scientific knowledge has immensely helped in combating the dreadful coronavirus and its spread. Within a record short period of time, scientists (including virologists, epidemiologists, biostatisticians, etc.) and their research outputs helped the commoners to learn more about the SARS-CoV-2 and how it spreads from one individual to the next one. Common people have now come to know how simple techniques and behavioural change like the wearing of N95 masks, maintaining...

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