-TheWire.in Though there is no road map to reduce the production of wheat and rice, it is now possible to reduce India's dependence on Punjab and Haryana for food security by procuring from non-traditional states. Since the enactment of three agriculture legislations by the Centre in September, sections of the media have rightly or wrongly projected Punjab, and to a much lesser extent Haryana, as a villain. This has led many to believe...
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Getting wages harder than the labour
-The Hindu Multiple bank visits, repeated rejections and biometric errors mar payment system, says study. For most rural workers dependent on the Mahatama Gandhi National Rural Employment Guarantee Scheme (MGNREGS), their labour does not end at the work site. According to a study by LibTech India released on Wednesday, many of them are forced to make multiple trips to the bank, adding travel costs and income losses, and face repeated rejections of...
More »‘Parkinson’s is recognised as disabling’: NPRD seeks NHRC’s intervention in Stan Swamy’s case
-The Indian Express Last week, a special court had directed the National Investigation Agency (NIA) to file a reply on an application filed by Swamy, who had sought permission to be allowed a straw and sipper in the jail. The NIA has been asked to file a reply to the plea by November 26. Seeking the National Human Rights Commission of India’s (NHRC) intervention, the National Platform for the Rights of the...
More »Is loan guarantee scheme serving the purpose? -Madan Sabnavis
-The Hindu Business Line MSMEs are using funds from the Emergency Credit Line Guarantee Scheme more to pay off earlier loans than as growth capital The Emergency Credit Line Guarantee Scheme (ECLGS) was one of the highlights of the economic package announced by the government in May, and it became operational on May 23. The scheme is basically a loan guarantee for all MSMEs which were operational as on February 29 with...
More »Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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