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LATEST NEWS UPDATES | Rural distress looms: dip in crop prices, remittances; rising Covid cases -Aanchal Magazine, Sunny Verma and Anil Sasi

LATEST NEWS UPDATES

Rural distress looms: dip in crop prices, remittances; rising Covid cases -Aanchal Magazine, Sunny Verma and Anil Sasi


September 13, 2020

-The Indian Express While the over 3% agriculture growth in the first quarter factored in strong Rabi procurement, with high-price realisations getting reflected in the output numbers, fresh data from mandis indicate a slide in the prices of the intercrop produce — horticulture, milk and poultry...

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Explained: UP, Bihar, Bengal see biggest jump in new NREGA job cards -Harikishan Sharma
September 13, 2020

-The Indian Express Consider this: From April to August, over 83 lakh additional households or 1.6 crore persons joined the NREGA labour force by getting job cards, taking the number of families under the scheme to an all-time high of 14.36 crore. This summer, as millions of...

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ExplainSpeaking on economy: Why unemployment could become a bigger headache for government -Udit Misra
September 13, 2020

-The Indian Express Rapid spread of Covid-19 and inadequate spending by government could result in India suffering a permanent loss of Rs 30 lakh crore, which is roughly the size of the Union Budget for 2020-21 Dear Readers, This week started with several economists coming out with their...

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Retail inflation to come down with easing of lockdowns: CEA
September 13, 2020

-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian...

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90,000 ineligible beneficiaries under PM-KISAN Nidhi scheme identified in Villupuram district
September 13, 2020

-The Hindu As of Sunday, around ₹7.5 crore in cash credited into the bank accounts of 20,500 ineligible beneficiaries had been recovered VILLUPURAM: The Department of Agriculture has identified as many as 90,000 ineligible beneficiaries under the PM-KISAN Nidhi scheme in the district and recovered ₹7.5 crore...

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