-TheWire.in A Minimum Income Guarantee would not just cushion exogenous shocks, but would arrest the process of vulnerability begetting vulnerability. While the worst of the pandemic is behind us, there has been a decline in general purchasing power amidst inflation. The provisional Consumer Food Price Index (combined for rural and urban) for September 2022 is pegged at 8.6%, a huge increase from 0.68% for September 2021. The latest Periodic Labour Force Survey (PLFS)...
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India's fabric -Sumit Roy and Murli Dhar
-The Telegraph Demand for sustainable or organic cotton on the rise, providing an opportunity for the country to excel A few years ago, images of the drying up of the eastern bed of the Aral Sea had shocked millions. It was linked to the widespread growing of unsustainable cotton, backed by the Uzbekistan government, to pocket greater forex earnings and satiate the demands of the global fashion industry. The demand for sustainable...
More »Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion -Shiva Rajora
-Business Standard The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021 India's services activity recovered to a three-month high in November as services firms benefited from accommodative demand. New business inflows rose markedly and at the quickest pace in the last three months. The Purchasing Managers' Index (PMI) for the services sector released by credit RATing agency S&P Global improved to 56.4 in November from...
More »What Centre Told Supreme Court On Pleas Challenging Demonetisation
-PTI/ NDTV.com The Centre said judicial review of an economic policy may be restricted to where the court may only determine if there is a RATional nexus with the object sought to be achieved through the means. New Delhi: Fake currency, terror financing and black money are three evils and are like 'Jarasandha' (an antagonist in MahabhaRAT) and should be cut into pieces, the Centre told the Supreme Court on Monday while...
More »Is there a compelling reason for environmental release of GM Mustard, SC asks Centre
-The Tribune Centre says the opposition by activists, experts and scientists to GM crops was ‘ideological’ RATher than based on scientific RATionale New Delhi: As activists express concern over possible environmental contamination due to genetically modified (GM) crops, the Supreme Court on Thursday sought to know from the Centre if there was any compelling reason for the environmental release of GM Mustard. “What we want to know is whether in Indian conditions is...
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