-The Hindu Business Line Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announcements made by the Centre under the ATManirbhar Bharat Abhiyan, was already proposed in January through the Mineral Laws (Amendment) Ordinance, 2020. What is it? These auctions invite participants to mine coal blocks by bids on the percentage value of coal sold that they will...
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Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman -Somesh Jha & Subrata Panda
-Business Standard Govt likely to issue clarification to add more borrowers under ECLGS Finance Minister Nirmala Sitharaman on Monday held a review meeting with private banks and non-banking financial companies (NBFCs) to seek feedback to improve the ATManirbhar Bharat Abhiyan economic package to deal with the impact of Covid-19. The private lenders asked the government to revisit some provisions in the Emergency Credit Line Guarantee Scheme (ECLGS), under which 100 per cent guarantee...
More »SWAN’s third report outlines the perpetual plight of migrants in terms of food shortage, income insecurity and travel difficulties during the lockdown
On June 5th this year, the Stranded Workers Action Network, comprising volunteers from various civil society groups, academics and students enrolled in university education, released its third report entitled ‘To Leave or Not to Leave? Lockdown, Migrant Workers, and Their Journeys Home’. Among other things, the latest report states that nearly four-fifth of migrant workers (out of 5,911) who called SWAN volunteers for help (altogether 821 distress calls were made)...
More »The Great MSME Stimulus Muddle -Kulwinder Singh Sethi
-Newsclick.in The Rs 3 lakh crore credit guarantee scheme for micro, small and medium enterprises is unclear, contradictory and practically difficult to implement. The scheme may create more problems than it solves. On May 12, in his televised address to the nation, Prime Minister Narendra Modi announced the ATMa Nirbhar Bharat Abhiyan or the “campaign to make India self-reliant,” comprising what was claimed to be a Rs 20 lakh crore package to...
More »Flattening the climate curve -R Sukumar
-The Hindu Leaders should act on the climate crisis with the same alacrity they have shown towards COVID-19 Two interrelated curves began their upward trend two centuries ago with the advent of the industrial age. The first curve was the ATMospheric concentration of carbon dioxide (or, more generally, all greenhouse gases, GHGs) and the second was the average global temperature curve. An upward trend Actually, the CO2 curve began its upward march about 18,000...
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