Page-195 of Economy & Banking Current Affairs

Mind the Gap – State of Employment in India

Oxfam India’s latest report Mind the Gap – State of Employment in India makes the following observations: Lack of quality jobs and increasing wage disparity are key markers of inequality in the Indian labour market. The report states that the regressive social norms continue to hamper women’s participation in the workforce, pointing at the decline in ..

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Telangana government unveiled its Digital portal for MSMEs

Telangana government has launched a digital business networking portal for MSMEs – Telangana State GlobalLinker “ts-msme.globallinker.com”. This networking portal will digitise over 2.3 million MSMEs of the State which would connect them to the global economy. The motive behind this is to address key challenges faced by MSMEs with the core objective of making their ..

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Multi-dimensional Poverty Index 2018

The Multi-dimensional Poverty Index 2018 report prepared by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative makes the following observations about India: India has reduced its poverty rate drastically from 55% to 28% in 10 years, with 271 million people moving out of poverty between 2005-06 and 2015-16. India ..

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RBI slaps penalty on PNB for violating SWIFT norms

The Reserve Bank of India (RBI) has fined Punjab National Bank (PNB) Rs 2 crore for violation of compliance with regulatory directions regarding SWIFT operations. The RBI has toughened the stance against banks on all kind of regulatory norms post PNB fraud which put it to question the ability of the central bank. Earlier in March ..

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Career Pathways India Survey

The Career Pathways India survey released by LinkedIn highlights the following observations: One in three Indian professionals thinks they are career sleepwalking. They feel stagnant as they are on a treadmill going nowhere and 57 per cent are keen to consider switching careers to get their dream job 51 per cent of professionals are held ..

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