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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Are millets safe from biopiracy? -Vibha Varshney
-Down to Earth 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood 2023 is the International Year of the Millets and during the year, efforts would be made to promote this superfood. As millets are adapted to grow in dry and arid regions, they attract big businesses and companies in times when climate change is making cultivation of other cereals difficult. But...
More »Residential Rooftop Solar Installations May Increase by Around 60% By FY23-End: Report -Aathira Perinchery
-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...
More »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 »NREGA Sangharsh Morcha demands a hike in MGNREGA Budget for FY 2022-23
-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...
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