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Rationale behind raising interest rates -Sashwath Swaminathan nd Anand Srinivasan

-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

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PMGKAY Scheme: Will Free Ration for India’s Poor Fill Their Plates Enough? -Aunindyo Chakravarty

-TheQuint.com Not only do we need free ration for an overwhelming majority but also more for those at the bottom of the pyramid Being affluent, I am on a diet, fasting for 19 hours at a stretch, eating within the remaining five-hour window, and keeping my calories under 800 per day. These are the luxuries of the rich. The poor, who earn their living through hard, back-breaking labour, cannot afford to go...

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'Every Woman' releases Zero Draft of global treaty on preventing violence against women & girls

-Press release by Every Woman Treaty dated September 30, 2022 Every Woman, a coalition of more than 1,700 women's rights advocates in 128 countries, including India, has developed the findings-based draft instrument (Zero Draft EWT), informed by extensive consultation with experts from all regions of the world, including survivors, frontline activists, medical specialists, practitioners, scholars, human rights attorneys, and policy-makers. This Draft of global binding norm focuses on violence prevention and...

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After the floods, Bengaluru needs to clean up its act -TR Raghunandan

-The Hindu Everybody has a favourite villain to blame, yet the herd of restive elephants in the room is led by a particularly malevolent matriarch — corruption The floods have abated in Bengaluru. As individuals struggle to clean their houses, the silt on the roads left behind by the receding water — now a fine dust that flies in the air choking us — is a reminder of those difficult times. Various analyses...

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The future of farmer producer companies could be brightened -Vijay Avinandan, Manmeet Kaur and Anuradha Saigal,

-Livemint.com Tackle deficiencies of capital mobilization, access to state provisions and women’s participation to boost FPCs across India. In 2017, the Indian government reaffirmed its commitment to reduce rural distress among nearly 93 million farming households through efforts to double farmers’ income. What has been remarkable is the emergence of farmer producer companies (FPCs) as a viable way of supporting this approach. The last two years have been tumultuous. Pro-market legislation introduced in...

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