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More bad news after inflation hits 5-month high: Wheat stocks at 6-yr low, ‘rice output to fall’ -Sayantan Bera

-ThePrint.in Wheat stocks are half of where they stood in October 2021. Public stocks of rice are nearly double stocking norm, but price outlook depends on actual harvest this season. New Delhi: Despite the unabated rise in food prices, which drove retail inflation to a five-month high of 7.41 per cent in September, there is limited legroom for the government to intervene in the market by selling public stocks to cool prices.  Data...

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In All-India Database Plan, A National Register Of Citizens (NRC) Prequel -Sunil Prabhu

-NDTV The government wants to integrate the database with the population register and electoral rolls, Aadhaar card, ration card, passport and driving licences and has moved a cabinet note to amend the Registration of Births and Deaths Act. New Delhi: In what is being seen as the first step towards a nationwide National Register of Citizens, the Union Home Ministry plans to set up a national database of all Indian citizens, registering...

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Results of a survey in 4 states reveals how MGNREGA protected the poor from income shocks during the pandemic

-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13:  About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...

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Study finds out how much annual investment is needed to create full employment in India

-PTI/ The Tribune It also suggests that government should enact ‘Right to Work’ law to ensure decent livelihood for citizens New Delhi: The government needs to enact a ‘Right to Work’ legislation and invest at least 5 per cent of GDP, that is Rs 13.52 lakh crore, per year to ensure full employment in the country, as per a study by the People’s Commission on Employment and Unemployment. The People’s Commission on Employment...

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Why India Inc. is not taking a Hanuman leap -Pulapre Balakrishnan

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister Nirmala Sitharaman drew attention to an important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

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