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MSME loans back on track in FY22 -G Naga Sridhar

-The Hindu Business Line Micro and small loans as on March 2022 grew by 21.5 per cent to ₹4,95,281 crore from ₹4,07,675 crore as on March 2021    The advances to Micro, Small and Medium Enterprises (MSMEs) are growing at a good pace, as banks are turning liberal in sanctioning loans. The data pertaining to the fourth quarter ended March 31, 2022 as well FY22 show INCrease in MSME advances compared to previous year,...

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Marital rape, Swachh Bharat, digital divide: Latest NFHS survey reveals startling data -Yashwant Deshmukh and Sutanu Guru

-IndiaToday.in The recent National Family Health Survey that was conducted between 2019 and 2021 busts many myths and also confirms some ugly realities of India. Numbers and data should be the two deities that any self-respecting media professional should respect and revere. Unfortunately, in the din and noise of acrimonious debates that revolve around matters of faith, a treasure trove of fascinating data that showcases an India that is both changing and...

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Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot

-The Hindu The measures INCluded a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, INCluding duty cuts on petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...

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Rural food prices continued to surge in April -AM Jigeesh

-The Hindu CPI for agricultural and rural workers INCreased by 10 points each last month Rising food prices spurred an INCrease by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday. An INCrease in the prices of rice, wheat-atta, jowar, bajra, ragi, vegetables and fruits contributed the bulk of the spike in...

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Inflation Spiral is Hitting the Working Poor the Hardest -Sanjay Roy

-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...

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