The protocol aims to "democratise" lending, reduce costs of credit, and ensure accessibility of credit to small companies and street vendors, according to Nandan Nilekani.
'Why shouldn't we talk against the BJP when it is solely responsible for bringing in these three laws by riding rough over Parliamentary procedures and norms?' 'We will talk against the BJP because it is the sole political party responsible for pushing these destructive farm laws'
The incident took place at Asawati village in the Faridabad parliamentary constituency where polling was held on May 12.
High loan-to-value and high-yield buckets have reported higher delinquencies
ISIS militants have killed at least 14 Real Madrid fans at a supporters club in northern Iraq.
Of the Rs 20-lakh-crore package that Prime Minister Narendra Modi announced to defend the economy against coronavirus disruptions, fresh support may be only around 60 per cent of the offer as it counts the first financial stimulus and liquidity support that Reserve Bank has given already, and will overburden the bond market, says a report.
During a three-hour long virtual meeting with CEOs of large public and private sector banks along with heads of NBFCs, the prime minister assured them that the government is ready to take all steps to support the financial sector.
'Kejriwal took political steps and micro level care at every level not to allow the consolidation of Hindu votes behind the BJP,' observes Sheela Bhatt, the distinguished political commentator.
'It is entering growth territory on a month-on-month basis.'
Bandhan has a strong presence in India's under-banked eastern and northeastern regions.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
'Giriraj Singh has told the central leadership that he is being made a target by some BJP leaders and some JD-U in a conspiracy to defeat him in the polls.'
A large part of Maharashtra has been declared drought-hit. The government has failed to deal with the crisis, report Aparna Pallavi and Akshay Deshmane.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
The background work of creating a suitable digital architecture of a website also remains unfinished as it has been a challenge to shortlist technology partners.
Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.
There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.
'At this time, staying in the game is more important.' 'If we do that, then wealth can be generated.'
The minister gave an example of how in Kochi, the commercial capital of Kerala, there are shopping complexes and retail stores, but the blooming of such stores had no negative impact on the farmers and traders.
According to a communication by the ministry to the heads of PSBs, it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level.
The senior Bharatiya Janata Party leader had made the allegation in a tweet on Sunday wherein he had also launched a veiled attack on a sitting Congress MLA, who had shot off a letter to Chief Minister Nitish Kumar, seeking return of Rs 50 lakh released from his local area development fund.
cution' of the Brahmins in the regime of Adityanath, a Rajput, accused of pandering to his caste's interests. Radhika Ramaseshan reports.
Bengal's ailing handloom brand 'Tantuja' is all set to get the personal touch of West Bengal Chief Minister Mamata Banerjee who will design the six yard wonder.
India will be the fourth country after the United States, Russia and China to send humans to space.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
Modi said the biggest challenge would be to ensure that the disease does not spread to villages across the country after relaxations provided by the government.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
'Some VIP or minister should come to the ward and see how people are suffering.' 'The pain and suffering of the relatives of the patients who are admitted; let them hear their desperate pleas for medicines and oxygen and ventilators and ICU beds; the cries of the kith and kin of doctors and nurses who are being eaten by the pandemic.'
For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
If the country is to meet its jobs and income challenge, there has to be a parallel focus on jobs in the formal sector.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
'All parties and the government acknowledge that there we are in trouble and there is more trouble ahead,' observes Aakar Patel.
Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period.
The prime minister is likely to talk about its possible extension.
During his address after flagging off the train via video-conferencing, Modi said his government's policies are clear and intentions transparent in reforming the agriculture sector.
US Secretary of State Hillary Clinton ruffled a couple of sensitive feathers while on her otherwise successful South Asian tour.
Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.
The Union home ministry on May 13 had declared that these canteens will only sell indigenous or "swadeshi" products from June 1 in a bid to give fillip to domestic industries.
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