-The Times of India NEW DELHI: With an aim to ensure women’s hygiene, the government has slashed price of sanitary napkins sold at Jan Aushadhi stores to just Re 1 per piece from Rs 2.50. The biodegradable napkins - available in a pack of four - will be sold at a subsidized price under the brand 'Suvidha' at 5,500 such stores across the country. The move assumes significance as many women, especially...
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Dip in tractor sales indicate further deepening of rural distress
In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...
More »For India Inc's sob story, Sitharaman has a sop story. But will it help? -Aunindyo Chakravarty
-TheWire.in Instead of giving freebies to the affluent, Sitharaman should have announced additional government spending in MNREGA and plans for filling vacancies in government jobs. After holding out for seven weeks, following her maiden budget, Nirmala Sitharaman finally blinked. For about a month now, pink papers and business-friendly pundits had been crying foul about India Inc’s shrinking sales. But, since you can’t sell a sob story about the rich, it was spun to...
More »Govt to boost onion supply from buffer stock, asks police to take action against hoarders
-PTI The retail price of onion in Delhi ranges between Rs 30 and 40 per kg. The government on Friday said it will sell onion, pulses and edible oil in the open market from its buffer stocks and take immediate action against hoarders creating artificial shortages. The retail price of onion in Delhi ranges between Rs 30 and 40 per kg. The wholesale price in the benchmark Lasalgaon mandi in Maharashtra was recorded...
More »Increasing investment to stimulate growth -C Rangarajan & DK Srivastava
-The Hindu Attention needs to be paid to both cyclical and structural dimensions of India’s present economic slowdown India’s current economic slowdown is due to a combination of two underlying trends. First, there is the short-run cyclical slowdown exhibited by a number of high-frequency indicators, reflecting a significant fall in demand, especially for sectors such as automobiles, consumer durables and housing. Second, there is the more serious long-term fall in investment and savings...
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