-The Hindu Business Line MSMEs face a credit gap of ₹25 lakh crore as formal lenders meet less than 15 per cent of the sector’s requirements Quarterly MSME loan disbursements have increased over two-fold in the last two years, but the approval rate for medium-risk MSMEs has seen no improvement — a reflection of the lender’s low risk appetite, according to venture capital firm BLinC Invest. The increase in disbursements has been made...
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The great gamble on the Russian oil price cap -Prashanth Perumal
-The Hindu The West’s attempt to cut Russia’s oil revenues without drastically affecting global oil supplies may be too fine a balancing act in the longer run The Group of Seven (G7) countries, the European Union and Australia have imposed a price cap on Russian sea-borne oil to make it harder for Russia to fund its war against Ukraine. Under the plan, which took effect on December 5 , Western companies that...
More »After measles, experts worry typhoid could pose the next health challenge as India delays vaccine -Tabassum Barnagarwala
-Scroll.in The country already has a high typhoid burden and increasing drug resistance could led to a rise in treatment cost and recovery time. The measles outbreak in Mumbai, followed by Ranchi, Ahmedabad and Malappuram over the past month has drawn attention to the large number of unvaccinated children. Over 16,000 suspected cases have been recorded in India. Of the 20 children who have died of measles since October 26 in the...
More »The arithmetic for Tamil Nadu as a $1 trillion economy -C Rangarajan and KR Shanmugam
-The Hindu Reaching the target by 2030-31 has to be ruled out, as it requires a nominal annual growth rate of 18.2%; instead, the scenario can be 2033-34, with the required real rate of growth at 9% The Chief Minister of Tamil Nadu has set Tamil Nadu the goal of becoming a trillion dollar economy (by 2030), as he has indicated over the past year. This is a good aspirational goal. Tamil...
More »Why did methane levels shoot up in Covid yr? Warm weather, and less pollution -Antara Baruah
-ThePrint.in In a study published in the Nature journal Wednesday, scientists attributed the methane growth in 2020 to wetland emission and changes in ‘atmospheric sink’. New Delhi: In 2020, the year Covid-19 pandemic led to global economic slowdown, researchers documented an alarming rise in atmospheric level of methane emissions, despite a drop in human-induced emissions. Scientists attributed the methane growth rate anomaly to lower hydroxyl radical (OH), which is the main remover of...
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