-PTI/ The Hindu India has exported 1.8 million tonnes of wheat to a dozen-odd countries, INCluding Bangladesh and Afghanistan, sINCe the country banned exports of the grain on May 13, according to Food Secretary Sudhanshu Pandey. About 33,000 tonnes of wheat as humanitarian assistance has already been supplied to Afghanistan against the commitment of 50,000 tonne, he said. Mr. Pandey, addressing a ministerial conference on ‘uniting for global food security’ held at Berlin,...
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The advent of ‘app-solute’ chaos in NREGA -Chakradhar Buddha and Laavanya Tamang
-The Hindu The new National Mobile Monitoring Software application has problems that are clearly eroding the right to work In May 2021, the Ministry of Rural Development (MoRD) launched the National Mobile Monitoring Software (NMMS) app, a new application meant for “improving citizen oversight and INCreasing transparency” in National Rural Employment Guarantee Act (NREGA) works. It is to be deployed by NREGA Mates, local women at the panchayat level who are selected...
More »Hanging by a thread: Gujarat’s textile industry -AM Jigeesh
-The Hindu Textile traders and cotton farmers say they’re suffering unprecedented losses. For a State half whose population is linked to textiles, such a crisis could have far-reaching consequences. With the Assembly polls scheduled in Gujarat later this year, A.M. Jigeesh explores whether this financial adversity could have political repercussions Hours after the Goods and Services Tax (GST) was launched at a midnight gala on June 30, 2017, a 38-year-old textile trader,...
More »Economist recounts boom-to-gloom experience of Argentina -Joyjit Ghosh
-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...
More »Loans worth ₹37 trillion sanctioned to MSMEs in FY22, up 182% from FY20: Report
-Livemint.com From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket size of MSME loans INCreased by 92%, the data on MSME loans showed. Total loan sanctioned to MSMEs stood at ₹37.29 trillion in FY22, an INCrease of roughly 5% over FY21 and 182% over FY20, as per a report by CRIF High Mark, a credit bureau. From ₹37.7 lakh in FY20 to ₹72.4 lakh in FY21-22, the average ticket...
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