-The Hindu Business Line The expanded ambit now allows a larger pool of enterprises to get the benefits of the MSME Act and pandemic-induced reforms Micro, small and medium enterprises (MSMEs) are amongst the strongest drivers of the economy with a vast network of about six crore enterprises, contributing about 45 per cent to manufacturing output, 50 per cent to exports, around 30 per cent to GDP, and creating employment for about...
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Promised free vehicles, funds? It’s all fake -Rakesh Dubbudu and Akhil Reddy
-The Hindu It is high time the government takes note of the fake schemes menace Here’s an exercise: Log onto any social media or technology platform, whether Google, YouTube, Facebook or Twitter. Type the name of any of these “schemes” — Free Laptop Scheme, PM Scooty Yojana, PM Kisan Tractor Yojana, Pradhan Mantri Solar Panel Yojana, and PM Kanya Aashirwad Yojana. You will be promised anything from free vehicles to free funds...
More »Disastrous Decade for Data: The Way Forward -Arjun Kumar, PC Mohanan Amitabh Kundu
-Economic and Political Weekly In recent years, the Indian official data has been challenged for many reasons, most of them arising out of the perception that the government is reluctant to release unfavourable data. These doubts have been exacerbated by the controversy posed by the debate around Citizenship (Amendment) Act, National Population Register, and National Register of Citizens and the weakening of established institutions like the National Statistical Commission. The COVID-19...
More »Political Economy of Agricultural Market Reforms: Analysis of the Farming Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 -Vikas Rawal, Suvidya Patel and Jesim Pais
-Vikalp.ind.in While the country is grappling with the COVID-19 pandemic and the economy is in doldrums, the central government, instead of taking measures to provide immediate relief to the distressed population, has used the opportunity to introduce sweeping changes in the regulatory framework of the agricultural marketing system of the country. On June 3, 2020, the Cabinet approved three ordinances. These ordinances were converted into Acts after they were passed, under...
More »India’s GDP expected to contract by 9.6 per cent this fiscal: World Bank
-PTI/ The Indian Express "India's GDP is expected to contract by 9.6 per cent in the fiscal year that started in March," the World Bank said in the report released here. Washington: The World Bank on Thursday said that India’s GDP is expected to contract by 9.6 per cent this fiscal which is reflective of the national lockdown and the income shock experienced by households and firms due to the COVID-19 pandemic,...
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