-The Hindu Reviving the official household spending survey is only a first step India’s official statistical machinery is gearing up to relaunch the All-India Household Consumer Expenditure Survey, traditionally undertaken quinquennially, from July 2022. If it fructifies, the result may be known towards the latter half of 2024, provided the Government permits the release. The last such Survey (2017-18), did not get such a sanction — its results reportedly indicated the first...
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What does high WPI inflation mean for interest rates? -Dinesh Unnikrishnan
-Moneycontrol.com The spike in WPI will put more pressure on the rate-setting body to initiate a tight policy stance On April 18, the government data showed that India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February. With this, the WPI inflation has now been in double-digit territory for 12 consecutive months. What is the significance of this data?...
More »Do MGNREGA wages need an upward revision? -Parvathi Benu
-The Hindu Business Line This year, the average wage was hiked by a mere 20 paise to Rs.209.05; workers across States say wages are insufficient to meet their needs The annual increase in the average MGNREGA wages has been quite uneven. While the wages increased between 8 to 10 per cent in FY13, FY14 and FY21, the increase was a mere 1.6 per cent in FY20. Annual increases in individual states have been...
More »Lack Of Updated MSME Data Hampering Timely Funds Disbursal -Animesh Singh
-NDTV.com One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them Though government runs a host of schemes to support micro small and medium enterprises (MSMEs), which have faced the maximum brunt of the Coronavirus-induced lockdown in 2020, providing them timely and adequate funds becomes a roadblock, a fact which has been acknowledged even by the Finance Ministry. Funds are...
More »India objects to WHO methodology for calculating COVID-19 toll -Bindu Shajan Perappadan
-The Hindu Health Ministry responds to reports of India stalling the world health body’s efforts India has been in regular and in-depth technical exchange with the World Health Organization (WHO) on the issue of collecting and making public the COVID-19 death toll in the country, the Union Health Ministry said on Saturday in response to The New York Times article titled India Is Stalling the WHO’s Efforts to Make Global Covid Death...
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