-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...
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RSS chief’s population control call clashes with Centre’s affidavit in Supreme Court -Krishnadas Rajagopal
-The Hindu International experience shows that any coercion to have a certain number of children is counter-productive and leads to demographic distortions, the Centre said in December 2020 Rashtriya Swayamsevak Sangh chief Mohan Bhagwat’s call for a “population control policy” on Wednesday may not be on the same page as the government’s affidavit in December 2020 which said it cannot coerce couples into having a “certain number of children” in a bid...
More »With Demand for MGNREGA Work Increasing in Sept 2022, Activists Warn About Rural Distress -Ronak Chhabra
-Newsclick.in As per the data, the September demand – which was 16.7 million under the household segment and 20.2 million when it comes to individuals – remained higher than the pre-COVID levels, even as the figures for the same month are lower than last year. New Delhi: The marginal increase in demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in September points towards a “much greater level...
More »Is TN’s breakfast scheme populist or pertinent? -Sunny Jose
-The Hindu The scheme scores well on focus, but whether it will lead to substantial or sustained improvements in nutrition is open to question Is the ‘Chief Minister’s Breakfast Scheme’ in Tamil Nadu required in a Dravidian welfare model state today or is it yet another populist scheme couched cleverly in the language of welfare of the poor? With a budget outlay of ₹33.5 crore in the initial phase, the new scheme...
More »Mahindra tractor sales hit a high of 47,100 units in September
-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding firm,...
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