-IndiaSpend.com/ Scroll.in In the 2022 Budget, the Centre proposed to earmark Rs 1-lakh crore in interest-free loans for states, some of which will be used for developing infrastructure. In May 2021, when Cyclone Yaas hit the eastern coast of India, a hospital in Bihar’s capital Patna was inundated in the floods and patients had nowhere to go. In September 2021, parts of the national capital, Delhi, were waterlogged because of heavy rains...
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Govt releases draft MSME policy; proposes 8 ‘action areas’ to overhaul the sector -Sandeep Soni
-FinancialExpress.com Ease of Doing Business for MSMEs: The government has highlighted eight “specific action areas” to “build a vibrant eco-system for the rapid growth of the MSME sector.” Ease of Doing Business for MSMEs: The MSME Ministry has released the draft National Policy for Micro, Small and Medium Enterprises (MSMEs) in India, proposing multiple measures to promote competitiveness, technology upgradation, cluster and infrastructure development, procurement of MSME products and dedicated credit support....
More »A leg-up for cooperatives -Anshu Singh, Pallavi Ingale and Hema Yadav
-The Hindu Business Line A host of initiatives in the Budget should make the sector vibrant Budget 2022 seeks to double farmers’ income by building a robust system that enables easier access to finance, the marketplace and new-age technology. The government has allocated a sizeable amount for rural infrastructure development. This will help farmers get better access to the marketplace National Federation of State Co-operative Banks (NAFSCOB) data of 2019-20 shows that around...
More »Step up agri-spending, boost farm incomes -Poornima Varma
-The Hindu India’s poor AOI is a stark reminder of the need to attain a key sustainable development goal of higher agri-growth While the overall budgetary allocation towards the agricultural sector has marginally increased by 4.4% in the Union Budget 2022-23, the rate of increase is lower than the current inflation rate of 5.5%-6%. The Food and Agriculture Organization (FAO) of the United Nations (UN) report for 2001 to 2019 shows that,...
More »Unravelling the Capex Push -CP Chandrasekhar and Jayati Ghosh
-Macroscan.org/ The Hindu Business Line The centre-pieces of the 2021-22 budget and the projected budget for 2022-23 fiscal years is the claim by the Finance Minister to have increased capital expenditure sharply in order to strengthen infrastructure in seven areas (Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics infrastructure). Please click here to access. * This article was originally published in the Business Line on February 7, 2022. ...
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