-Newsclick.in After facing severe setbacks due to demonetisation, hasty implementation of GST, and the ill-conceived COVID-19 lockdown, the MSMEs are gasping due to a steep rise in raw material prices. In a first, the entrepreneurs of the micro medium and small enterprises (MSME) went on a one-day strike across the country on Monday. Affected severely by the policies of the Union Government, the ill-planned lockdown in March 2020, and now by the...
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Government bans futures trading in seven commodities
-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, mustard seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...
More »As Uttar Pradesh Heads to Polls, How Does the Yogi Govt's Economic Performance Hold Up? -Santosh Mehrotra
-TheWire.in Employment trends are dismal under the 'double engine Government' of Modi and Adityanath. Several claims made in ads do not appear to hold up. Uttar Pradesh’s per capita income was barely half (Rs 41,023) of India’s average (Rs 86,659) in 2019-20. The per capita income of UP (at 2011-12 prices) is ranked 32 out of 36 states and Union Territories. That the state’s economy has been one of the poorly performing...
More »Farm Fatale -Anita Joshua
-The Telegraph The agrarian laws might have been repealed but are we any wiser about what it was that the farmers were so against, what reforms they could do with instead of the ones thrust upon them? Even in retreat over the farm laws, the Modi Government adopted the same top-down approach it employed while bringing them in in May 2020. Pleasantly surprised as they were by the Prime Minister’s unexpected announcement,...
More »Omicron: Why A Potential Surge Might Need Hybrid Testing -Nimmy Dominic, Pankaj Jindal, Ashish Sachdeva and Sarang Deo
-IndiaSpend.com Using a combination of RT-PCR tests with Rapid Antigen Tests (RAT) helps detect more cases faster during a surge in cases, in remote areas with little access to RT-PCRs and in Covid-19 hotspots. Hyderabad, Mumbai and Mohali: To quickly detect Covid-19 positive cases and slow the virus' spread in case of a possible surge due to the Omicron variant, India must increase its use of Rapid Antigen Tests (RAT, which take...
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