-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...

-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....

-TheGuardian.com Hardworking women in India care for family members, cook, clean, garden, sew and farm without getting paid. When will official statistics recognise this? Women’s participation in work is an indicator of their status in a society. Paid work offers more opportunities for women’s agency, mobility and empowerment, and it usually leads to greater social recognition of the work that women do, whether paid or unpaid. Where women’s work participation rates are relatively...

-Livemint.com This preference for spending on religious services than sanitation extends across income and spatial divides Cleanliness is next to godliness—or so we are told. In India, cleanliness actually ranks several notches below godliness on the priority list. A recent report by the National Sample Survey Organisation (NSSO) shows that Indians are willing to spend more on religious services than on sanitation, irrespective of spatial and income divide. The survey, findings of which...

-Outlook Cuddalore: An agrarian crisis is silently brewing in the hinterland of Cuddalore district of Tamil Nadu after being caught in a swirl of repeated disasters over the years like Tsunami, cyclones and recent rains and floods which have battered the crops, cattle and infrastructure. Across the district, the trail of destruction is striking and the demand is just the same in both urban and rural areas -- need for a robust...