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At all-India level, the male literacy rate is higher at 84.7 per cent compared to 70.3 per cent among women.The survey showed that the male literacy rate is higher than female literacy rate among all states. In Kerala, the male literacy rate is 97.4 per cent compared to 95.2 per cent among females. … [Read more...] about International Literacy Day 2020: Kerala most literate state in India, check rank-wise list

Accusing the government of denying States their legitimate GST dues, CPI(M) leader Sitaram Yechury on Tuesday said it must borrow from the Reserve Bank of India (RBI) or release money from a private trust fund, an oblique reference to the PM-CARES Fund, to pay the States. Modi government must immediately borrow from RBI and pay the States their legitimate GST dues. At least now Modi must release? thousands of crores amassed in a private trust fund bearing his name to the States to strengthen the combat against Covid, Mr. Yechury said in a tweet. … [Read more...] about Borrow from RBI or release money from ‘private trust fund’ to pay States’ GST dues: Yechury attacks government

solar power within five years under the government's green energy drive, its oil minister said on Tuesday.Dharmendra Pradhan said India's three state-backed fuel retailers Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum, which operate about 63,150 fuel station across India, are moving to deploy solar panels across their operations.They have currently installed a combined 270 megawatts (MW) of solar power capacity and will add 60 MW more capacity in the coming year, Pradhan said.With government encouragement, Indian oil and gas companies are turning to investing in green energy such as renewables, biofuels and hydrogen to reduce the country's carbon footprint."The oil and gas public sector undertakings are increasingly evaluating new opportunities in the solar and renewable energy space for diversification," Pradhan said at the World Solar Technology Summit of the International Solar Alliance.He did not give any investment figures.India imports over 80% of its solar cell … [Read more...] about India aims for half of state-run fuel stations to be solar-powered in five years

Para 7 entitled “Adjustments for weights in PSL Achievement” contained a provision to incentivise flow of priority sector credit to districts with a comparatively lower flow of credit with a higher weightage of 125 %. “Prima facie, this is not objectionable. However, what we find unacceptable is the dis-incentive framework contained in the guideline for districts with a comparatively higher flow of priority sector credit with a lower weightage of 90%,” Mr. Palaniswami argued. … [Read more...] about Priority sector lending: State opposes RBI’s master directions

The state Assembly on Tuesday passed a bill amending the Maharashtra Housing and Area Development Authority (MHADA) Act, 1976, which empowers the authority to forcibly take over more than 14,000 cessed buildings in the city if owners and housing societies fail to redevelop them within a year of notification. The MHADA Act Amendment Bill was passed following the collapse of cessed buildings this monsoon which claimed at least 20 lives. The bill has a provision of paying transit rent to the tenants vacating the dilapidated buildings. The redevelopment of several buildings has been stalled due to disputes and litigation between owners and tenants. The cessed buildings are divided into those built before 1940, before 1950 and before 1969. Most of these buildings are in dilapidated conditions and need urgent redevelopment. “The amendment empowers MHADA to acquire buildings by giving six months to the landowners and six more months to the society to redevelop the structure. If they … [Read more...] about State passes bill allowing MHADA to take over buildings not redeveloped in time