-The Hindu Business Line Production of Gobindobhog rice is estimated to be 5-7 per cent higher this year on the back of a better-quality crop giving a better paddy to rice conversion rate West Bengal’s premium variety of aromatic rice — Gobindobhog – has witnessed a near 11 per cent decline in prices on the back of prospects of arrival of a higher crop and better quality produce. The imposition of 20...
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Six years since demonetisation, cash with public at record high of ₹30.88 lakh crore
-PTI/ The Hindu The intent of the move, which was criticised by many experts for poor planning and execution, was to make India a "less cash" Economy. Currency with the public has jumped to a new high of ₹30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At ₹30.88 lakh crore, the currency with the public is 71.84% higher than the...
More »First Time in 20 Years, Currency in Circulation Declines in a Busy Diwali Week: SBI
-The Telegraph In a remarkable development, for the first time in 20 years, currency in circulation (CIC) declined during Diwali week. With the increased acceptance of digital payments in the country, over-reliance on cash is slowly fading away. Over the years, the Indian cash-led Economy.has now changed to a smart-phone led payment Economy. says a research note. In the report, Dr Soumya Kanti Ghosh, group chief economic adviser of State Bank...
More »MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur
-Livemint.com Public support measures helped India’s small businesses survive the pandemic better than feared The robust recovery of India’s Economy.from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary. As an immediate response to the pandemic, the government put...
More »A month before polls, what is on the Gujarat voter’s mind? -Sanjay Kumar, Sandeep Shastri, and Suhas Palshikar
-The Hindu A recent survey on governance and development in the State brings out the importance of the economic plight of the people When Narendra Modi entered the national political arena in 2013-14, he was portrayed as the mascot of the Gujarat model of development. Now, nearly a decade later, do memories of that model resonate with the Gujarati voter? As Assembly elections approach, do the voters of Gujarat still take pride...
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