-The Indian Express Patel replaces former bureaucrat Vijay Kelkar, who chaired NIPFP for almost six years. He is scheduled to join June 22 and will have a four-year tenure, NIPFP said in a statement. Almost 18 months after his fractious and early exit as Reserve Bank of India Governor, Urjit Patel was Friday appointed chairman of the National Institute of Public Finance and Policy (NIPFP), India’s premier economic think tank. Patel replaces former...
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With rising temperatures and post COVID-19 challenge, can forest management show a way for India? -Anjal Prakash and Dhanapal G
-Mongabay.com * A recent report on climate change by the Inter-governmental Panel on Climate Change (IPCC) states that nearly 38 percent of the world’s population is vulnerable to the rise in sea level. * COVID-19 has shown that if push comes to shove, countries do take extreme measures to save lives and livelihoods, and thus answer to what can be done to tackle climate change lies in changing our approach to both...
More »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 »91% of domestic workers not paid during lockdown: survey
-The Hindu The survey covered 2,500 domestic workers Bengaluru: As many as 91% of domestic workers were not paid salaries in April and 50% of workers, who were above the age of 50, lost their jobs, according to a survey conducted by Domestic Workers’ Rights Union (DWRU), Bruhat Bangalore Gruhakarmika Sangha (BBGS), and Manegelasa Kaarmikara Union. According to the survey on the impact of lockdown on domestic workers, which covered 2,500 domestic workers,...
More »Coronavirus relief package: Why Banking on fiscally conservative policies is imprudent -Pranab Bardhan
-Scroll.in Fiscally austere policies will only serve to further escalate the revenue shortfall and debt problems. Several economists and businessmen have expressed their disappointment with the contents of the financial package announced by the government to face the unprecedented economic crisis brought about by the Covid-19-induced lockdown, the suddenness and severity of which had itself surprised many epidemiologists. The callousness toward the migrants and lack of immediate preparation to send them back –...
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