-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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As Modi Celebrates Eight Years as PM, Three Economic Faultlines That Can't Be Ignored -Arun Kumar
-TheWire.in In the last three years, the Indian economy has been in crisis even if its organized sector has been doing well. Three years of Narendra Modi’s second stint as Prime Minister was celebrated by the Bharatiya Janata Party earlier this month. The self-congratulatory campaign, however, was spoiled quickly by a succession of events, all of which point to what has gone wrong during his tenure. First came the news that the economy...
More »Recognising the ‘compulsory’ woman worker -Brinda Karat
-The Hindu There is an urgent need for widespread surveys of poor rural women and how they spend their time The Centre for Monitoring Indian economy (CMIE) reported that the labour participation rate of rural women was 9.92% in March 2022 compared to 67.24% for men. This is a cause for concern. According to CMIE, millions who left the labour market stopped looking for employment “possibly [because they were] too disappointed with...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
More »WTO’s MC12 ends, India’s demand on public stockholdings for food grains pushed to 2023 -Himanshu N
-Down to Earth India had pressed for a concrete solution to the issue; but some other countries hardened their positions, resulting in a lack of consensus, according to a delegate The 12th Ministerial Conference (MC12) of the World trade Organization (WTO) that began in Geneva June 12, ended June 16, with India’s demand to seek a permanent solution on public stockholdings (PSH) of food grains being pushed to MC13 in 2023. A member...
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