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India Inc. not sanguine about growth

-The Hindu Heads of industry do not share the optimism of the government and RBI, shows CII poll of CEOs. Indian industry does not seem to share the government and the Reserve Bank of India’s optimism about this year’s growth prospects, according to a poll of CEOs conducted by the Confederation of Indian Industry (CII). Nearly two-thirds of CEOs of large corporates polled by CII at its national council meeting earlier this month...

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At 58% deficit, Gujarat desperately awaits rains

-The Hindu Business Line Rainfall deficit in North Gujarat, Kutch at 68% Uncertainty looms over kharif crops prospects in Gujarat, where erratic monsoon has left the State with 58 per cent deficient rainfall as on August 25. Please click here to read more.  ...

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The lure of 10 million jobs a year -Richard Mahapatra

-Down to Earth Employment in agriculture has increased. Will it lead to shed the belief that agriculture will not be able to employ further? The latest data of the Centre for Monitoring Indian Economy (CMIE), a non-government research agency, points out an interesting trend in employment in India. An increasing number of people are joining agriculture for employment in a shift from non-farm sectors like manufacturing and other informal jobs. The CMIE analysis...

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Rs.60,000-crore loan guarantee scheme for COVID-hit sectors yet to take off -Vikas Dhoot

-The Hindu 52 days after it was announced as a top relief package, Finance Minister says it ‘is in the process’. A Rs.60,000-crore loan guarantee scheme for helping sectors hit the hardest by COVID-19 is yet to get off the ground, 52 days after it figured at the top of an economic relief package to cope with the second wave’s shocks. This proposed credit support was part of a new ₹1.1 lakh crore...

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Lost keys of livelihood: Locksmiths a vanishing tribe in Lucknow’s Aminabad -Rohit Ghosh

-Down to Earth A shift in lifestyles, COVID-19 pandemic has changed the game for Aminabad’s locksmiths. Most say they do not want their children to get into this occupation   Samir Khan sits cross-legged on the side of street in Amindabad — one of the oldest neighbourhoods of Lucknow — with a heap of unfinished keys, a file and a small hammer. There is a police station on the opposite side. He...

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