-The Hindu Averting divergent outcomes would mean “resolving the health crisis everywhere” the report says After an estimated contraction of 8% in the fiscal year that ended March 31, India is projected to grow at 12.5 % during the current year, settling down to 6.9% growth year (FY22/23), according to the World Economic Outlook (WEO): Managing Divergent Recoveries, released by the IMF as the World Bank IMF Spring Meetings kick off virtually....
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Mandi prices rule below their minimum support prices as rabi arrivals peak
-Financial Express While wheat prices may firm up once the official procurement begins in all the producing states, the government will have to implement a robust procurement system for other crops to support the prices fetched by farmers. Mandi prices of most rabi crops ruled below their minimum support prices (MSPs) during the last month, even as more than half of the winter crop has been harvested (see chart). While wheat prices...
More »21 anganwadis in Delhi to house model centres to help women
-The Indian Express Delhi government’s Saheli Samanvay Kendra scheme was announced in Deputy CM Manish Sisodia’s 2021-22 Budget speech, where it was stated that such kendras will be set up in 500 anganwadi hubs across all districts to “strengthen the role of women in the Economy”. The Delhi government’s Saheli Samanvay Kendra (SSK) scheme to ensure women’s participation in the workforce is launching with 21 such model centres in anganwadi hubs this...
More »Signs of a plutocracy -Aunindyo Chakravarty
-The Tribune The bulk of assets with the ultra-rich who make up top 0.3% of our population RUPERT HOOGEWERF, better known by his Chinese name Hu Run, went to Eton College, a school for the rich and the well-heeled. It is fitting therefore that he should track the rich in China and India. His latest Hurun Wealth Report for India paints an interesting picture of the direction India’s Economy has taken. We learn...
More »How updated land records can help revive rural Economy -Prerna Prabhakar
-The Indian Express With livelihoods affected during the pandemic, the importance of land ownership for access to formal loans as well as government relief programmes became more evident. But the relatively poor availability of clear and updated land titles remains a hurdle. For a significant section of the rural poor, land is both an asset and a source of livelihood. Many informal jobs in the urban centres were lost as the Economy...
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