-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13:  About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...

-The Hindu Business Line Experts say authorities will need to probe and take quick action, in the interest of keeping the faith in medicine exports from India The death of 66 children in Gambia, potentially-linked to four cough and cold syrups made in India by Maiden Pharmaceuticals, has brought up the quality question, again. How did an allegedly contaminated product slip through the regulatory cracks, casting a long shadow on the Indian...

-India Water Portal NREGA has emerged as a go-to scheme for water conservation in tribal areas leading to higher irrigation coverage and thus augmenting agricultural production Out of India’s total population of 1210.19 million, 104 million, i.e., 8.6% are tribal (Census, 2011), India has one of the highest diversity among the tribes in the world. Broadly tribal inhabit two distinct geographical areas – the Central Indian Tribal Belt and the North-East. About...

-The Hindu The one lever that the government could have pulled as it watched private investment decline was to step up public investment In a meeting held with the country’s corporate leaders on September 15, Finance Minister Nirmala Sitharaman drew attention to an Important aspect of the economy today. She rightly flagged concerns about sluggish corporate investment, despite the government’s business-friendly stance, including a reduction in the corporate tax. The reduction, effected...

-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...