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Oil, budget and economic sentiment -Roshan Kishore and Vineet Sachdev

-Hindustan Times Traditionally, Union budgets have mattered for people at large because of two reasons: prices of goods and income tax rates.There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates. Traditionally, Union budgets have mattered for people...

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See Sonar Bangla shine and leave behind India, Pakistan on economic & social indices -Mani Shankar Aiyar

-The Telegraph With a per capita income at a whopping $2554, poverty is down; exports are up and GDP is fueled by both agriculture and manufacturing; but the downside is a growing nexus between politics and business There is justifiable pride all around at Bangladesh’s remarkable performance in both the economic and social development dimensions. “Pakistan and India don’t matter. We have done better than both!” The figures speak for themselves. The renowned...

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‘We’re being pushed into poverty’: Voices of women who took on the unicorn start-up Urban Company -Karishma Mehrotra

-Scroll.in Frustrated by rules they see as onerous, a bunch of beauticians are speaking up – and sometimes being heard. Nidhi Chander* was full of hope until five years ago. That was when she gave up her job as a beautician at a unisex salon in Pitampura, Delhi, where she was earning Rs 20,000 a month, to work with Urban Clap. She believed the home services start-up would give her the freedoms...

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The cold truth about India’s income inequality -Seema Chishti

-The Hindu Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of the World Inequality Report (https://bit.ly/3Fx8vv4 and https://bit.ly/3EvazlY) has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since...

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Low grant sanctions, disbursement: India wants to promote FPOs but where are the funds? -Shagun

-Down to Earth Eligibility threshold for FPOs should be reduced or support provided to meet the criteria, experts feel Farmer producer organisations (FPO) figure prominently in government policies and the ambitious plan to double farmers’ income by 2022. But funds remain elusive for these bodies, according to a recent analysis.  Just 1-5 per cent of FPOs have received funding under central government schemes introduced to promote them in the last seven years, the...

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