-Financial Express This is of special interest as FY22 was challenging on several fronts, needing govt intervention Budget FY23 will, of course, be important for the content and its take on the economy, given the Union government has to necessarily take a call on how it thinks the third wave has affected the economy and accordingly make provisions in the Budget. But, also important will be the revised numbers for the different estimates...
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‘We’re being pushed into poverty’: Voices of women who took on the unicorn start-up Urban Company -Karishma Mehrotra
-Scroll.in FrustRATed by rules they see as onerous, a bunch of beauticians are speaking up – and sometimes being heard. Nidhi Chander* was full of hope until five years ago. That was when she gave up her job as a beautician at a unisex salon in Pitampura, Delhi, where she was earning Rs 20,000 a month, to work with Urban Clap. She believed the home services start-up would give her the freedoms...
More »See Sonar Bangla shine and leave behind India, Pakistan on economic & social indices -Mani Shankar Aiyar
-The Telegraph With a per capita income at a whopping $2554, poverty is down; exports are up and GDP is fueled by both agriculture and manufacturing; but the downside is a growing nexus between politics and business There is justifiable pride all around at Bangladesh’s remarkable performance in both the economic and social development dimensions. “Pakistan and India don’t matter. We have done better than both!” The figures speak for themselves. The renowned...
More »How the Rise of Global Inflation Will Play Out in Indian Politics -MK Venu
-TheWire.in Today, fuel prices are at an all-time high. Once the genie of inflation is out of the bottle, as it does once in a decade or so, no amount of narRATive spinning by the Modi government will work. This year is likely to herald the return of global inflation in ways not seen in the past 20 years. We have witnessed inflation remaining RATher subdued from the beginning of this century....
More »Co-Lending: A Double Deal for Recolonising Peasantry, Helping CorpoRATe Cronies -Prabhat Patnaik
-Newsclick.in Through “nationalised banks-NBFC” deals, the Modi government is trying to achieve what the three farm laws could not achieve. In colonial times, the peasantry had to borrow from private moneylenders. According to Provincial Banking Enquiry Committee reports, these moneylenders in turn borrowed from commercial banks. But while disbursing credit to the peasants and charging exorbitant interest RATes, the money lenders at least bore the whole of the lender’s risk. The banks...
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