-Business Standard Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, writes T N Ninan Crises in the Indian economy used to be the “normal”. In the 12 years from 1962 to 1974, India fought three wars, suffered four droughts that produced famine in places like Bihar, and lived through the first oil shock, which saw a quadrupling of crude oil prices. The...
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UP Assembly Elections 2022: Impact of farmers’ protest likely; MSP, cane dues major issues in Jat belt -Shagun
-Down to Earth Western UP farmers say they have become aware of their rights due to the protest and will vote on them The year-long farmers’ protest against the three farm laws and on granting a legal status to minimum support price (MSP) is likely to play a role when farmers from western Uttar Pradesh (UP) cast their votes February 10, 2022. The 2020-21 protest and several mahapanchayats during that time saw a...
More »Climate and food price rise: Extreme weather events triggering unprecedented food inflation -Richard Mahapatra
-Down to Earth Unfavourable, unreliable weather hurt agriculture, in turn pushing food prices our of reach across the world At 14.23 per cent, India’s wholesale inflation rate in November 2021 was the highest in three decades. It did reduce marginally to 13.56 per cent the next month, according to government data released January 14, 2022. But even that is bad news for the Centre ahead of Assembly elections in five states, including...
More »Should the government loosen its purse strings? -Prashanth Perumal
-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...
More »Potato production in West Bengal likely to be impacted by delayed sowing, untimely rains -Shobha Roy
-The Hindu Business Line Supply from UP prevents price surge Potato production in West Bengal is likely to be impacted this year on the back of delayed sowing and untimely rains. Though it may be difficult to estimate the exact impact on production, experts believe that the crop is likely to be lower as compared to last year. The State had witnessed nearly 16 per cent rise in production at 110 lakh...
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