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 »SEARCH RESULT
Total Matching Records found : 130
India’s transition to electric mobility will be faster, say experts -Aroosa Ahmed
-The Hindu Business Line The Govt has a target of 30% EV penetration in Private Cars, 70% for commercial vehicles, and 80% for two and three-wheelers by 2030 for the automobile industry India’s transition to electric mobility will be faster as automobile companies are making big-ticket investments in the development of infrastructure to facilitate electric vehicle penetration in the country, according to industry experts. The Union Government has a target of 30 per...
More »What We Could Hope For – But Should Not Expect – in Budget 2022-23 -Jayati Ghosh
-TheWire.in Faced with a Union government that puts its own image-building ahead of the good of the people, let us imagine a scenario where Budget 2022-23 is, instead, drafted by a government which is willing to cooperate with the states and respond to the needs of the people. No matter where we look, bad news on the economy just keeps pouring in. Despite all the official and unofficial media attempts to talk up...
More »Serious questions confront policymakers. Yet data are not reliable enough for them to be answered -Arvind Subramanian & Josh Felman
-The Indian Express Running an economy, especially one that is in a predicament such as India’s today, is infinitely more complicated and the data demands are hence commensurately greater. A Data Big Bang effort along the lines proposed here would make that difficult task less challenging. As the government responds to the challenges posed by the economic slowdown, there’s an ignored area of reform, where simple measures could have potentially big payoffs....
More »'It is cheaper to ride motorbikes than take buses in Indian cities' -Jitendra
-Down to Earth Poor hit the most hit by an inaccessible public transport system, says India Exclusion Report 2018-19 Half of the poor in Indian cities walk or cycle down to work because of problems in the public transport system, suggests the India Exclusion Report 2018-19. The existing public transport system is expensive and has limited routes, says the annual report released by Delhi non-profit Centre for Equity Studies. As a result,...
More »
