Daily Archives: July 7, 2022

PASMANDA COMMUNITY

Recently, Pasmanda Community has gained attention of many political parties for inclusive growth and eradication of intra caste discrimination. ‘Pasmanda’, a Persian term meaning “those who have fallen behind” refers to Muslims belonging to the shudra (backward) and ati-shudra (Dalit) castes. It was adopted as an oppositional identity to that of the dominant ashraf …

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THE GLOBAL FINDEX DATABASE 2021

Recently, the World Bank has released ‘The Global Findex Report 2021’. The Global Findex surveys over 125,000 adults in 123 economies during Covid-19 to better understand how people use formal and informal financial services and digital payment. The account ownership worldwide increased by 50 % to reach 76 % of the global adult population. …

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OBC SUB-CATEGORISATION COMMISSION

Recently, the Union Cabinet gave the 13th extension to the Justice Rohini Commission, to examine sub-categorisation of Other Backward Classes(OBCs) and submit its report by 31st January 2023. The initial deadline to submit the commission’s report was 12 weeks — by 2nd January, 2018. Key Highlights The commission was set up on 2nd October, 2017 under Article …

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EDUCATION SECTOR IN INDIA

The Parliamentary Standing Committee carried out a review of education standards, accreditation process, research, examination reforms and academic environment in India’s higher education institutes. The higher education department of the Union ministry of Education informed the committee that only 30% of the universities and 20% of the colleges are in the …

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FOREIGN PORTFOLIO INVESTORS

June 2022 witnessed the worst Foreign Portfolio Investor (FPI) selloff since March 2020 when India announced a nationwide lockdown at Rs. 50,000 crore. June was also the ninth on the trot that FPIs had sold net of their assets i.e. sold more than they had purchased. Foreign portfolio investors are those that invest funds …

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