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Govt’s $9 bn capital infusion plan for PSBs credit positive

News: The government is planning to infuse about Rs 57,000 crore in public sector banks in two years. This is a significant change in the government’s approach and will be beneficial for credit profile of state-run banks. Union finance secretary Rajiv Mehrishi said, ” What we are aiming at is ...

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Good Economics Meets Good Politics In Maharashtra

News: In 2012-13, when Maharashtra state faced a severe drought-like situation, Prabhakar Deshmukh, the then Pune Municipal Commissioner, conceptualized a Jalyukta Gaon Abhiyan in five districts of Pune division: Pune, Satara, Sangli, Kolhapur and Solapur. The programme was funded by Integrated Watershed Management Programme of 2008 and Mahatma Gandhi National Rural Employment ...

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Call drops: Government to check telcos’ claim

News: The Indian Government has said that it has asked for the information to check the accuracy of telecom operators’ claim that the scarcity of mobile towers has led to frequent call drops. The Telecom Minister Ravi Shankar Prasad has asked tower operators to share details of the number of ...

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