-Hindustan Times Release the consumption survey. And ramp up research The Indian economy is set to contract this year. Economic policy must have two clear objectives. It must do all it can to ensure growth revival. And until that happens, the State must ensure that the poor are able to maintain at least basic standards of living. Achieving these goals requires detailed information about the economy. What were household incomes before the...
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Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman -Somesh Jha & Subrata Panda
-Business Standard Govt likely to issue clarification to add more borrowers under ECLGS Finance Minister Nirmala Sitharaman on Monday held a review meeting with private banks and non-banking financial companies (NBFCs) to seek feedback to improve the Atmanirbhar Bharat Abhiyan economic package to deal with the impact of Covid-19. The private lenders asked the government to revisit some provisions in the Emergency Credit Line Guarantee Scheme (ECLGS), under which 100 per cent guarantee...
More »Centre wants states to focus on keeping Covid-19 fatality rates low -Saubhadra Chatterji
-Hindustan Times A detailed action plan for this purpose has already been chalked out, they added, and Prime Minister Narendra Modi may even raise the issue in his meeting with chief ministers on Tuesday and Wednesday. New Delhi: The Narendra Modi government wants states that are seeing a large number of Covid-19 cases not to lose sight of the main objective in the rush of numbers -- keeping the death rate, or...
More »Will India's Contract Farming Ordinance Be a Corporate Lifeline for Agriculture? -Siraj Hussain
-TheWire.in Even though India has had a few relatively successful models, contract farming has failed to take off in a meaningful manner. Of the three agriculture-related ordinances promulgated on June 5, 2020, the most predictable was ‘The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Ordinance, 2020’. Put simply, it provides a legal basis to the existing practice of contract farming in India’s agriculture and allied sectors. In 2018, the Union...
More »Reverse land use change to prevent zoonoses like COVID-19: UNCCD -Shagun Kapil
-Down to Earth Land use degradation creates ground for zoonotic disease like COVID-19 as the interaction and physical distance between animals and humans gets closer Land use change, which prepares the ground for zoonoses like the novel coronavirus disease (COVID-19), should be reversed urgently, the United Nations Convention to Combat Desertification (UNCCD) has said. Over 70 per cent of all natural, ice-free land in the world is affected by human use, according to...
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