Leading a demonstration in front of Regional Office of the RBI, Ms. Karat said, “public sector banks are giving loans to MFIs at low interest rate. They are jacking up the interest without any cap on interest rate. The SHGs and individual women are taking loan at very high rate of interest.”

Both the institutions will facilitate student, faculty, and staff exchange programmes and internships

CPI(M) State secretary Mohammad Salim added that many vulnerable people from tribal communities, women, rented accommodation holders, street dwellers stand a chance to be omitted in the SIR process due to lack of concrete documents and should be looked into.

The petitioners contended that the student representation constituted a “core democratic entitlement” and the students could not be deprived of the democratic right; State government argued that the polls would disrupt academics during National Education Policy rollout

It will operate as a Centrally Sponsored Scheme (CSS), with a fund sharing pattern of 90:10 for North-Eastern and Himalayan States/UT and 60:40 for all other States; the law provides for unemployment allowance if job is not provided within 15 days, at prescribed rates, to be paid by State governments.