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The majority cannot afford a balanced diet -Madhura Swaminathan

-The Hindu Even millions who are above the poverty line do not have access to healthy or nutritious food in India New analysis from the Food and Agriculture Organization (FAO) shows that hundreds of millions of people in India above the international poverty line of $1.90 purchasing power parity (PPP) per person per day cannot afford a healthy or nutritious diet. This analysis confirms the fact that the problem of poor nutrition...

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MGNREGA softens the blow -Sanjeev Singh Bariana

-The Tribune The job guarantee scheme kept the rural sector afloat during the pandemic-induced lockdown. The number of people employed under MGNREGA in Punjab has gone up considerably. AMID the Covid crisis, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has sustained thousands of villagers who had been rendered jobless across Punjab. These also include the youth who returned to villages after they lost their jobs in towns and cities. After the...

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Essential Commodities (Amendment) Ordinance: A strong EC Act is still needed - Parikshit Goyal

-Down to Earth The ordinance does not expressly define ‘extraordinary circumstances’: Such legislative ambiguity makes one question the entire exercise of introducing this particular provision As the Union government announced massive reforms as part of the novel coronavirus disease (COVID-19) relief package, attention went to three agriculture sector ordinances related to farmers’ trade, contract farming and amendments in the Essential Commodities Act. While each of the three ordinances have far-reaching implications from legal...

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GST cess falls 42% short in FY20

-The Hindu Compensation for last fiscal paid to States using previous years’ balance of cess The Centre made up a 42% shortfall in Goods and Services Tax compensation cess collection in 2019-20 by using balance of cess from previous years, plus a transfer from the Consolidated Fund of India. Meanwhile, the GST Council, which was slated to meet this month to discuss the possibility of market borrowing to meet likely future shortfalls,...

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India’s Trade-relationship with China: The New Imperialism -BP Mathur

-MainstreamWeekly.net     Chinese import have thrown a spanner in the wheel of India’s economic progress per se and industrial manufacturing in particular. The Chinese import is so hard hitting on Indian industry that many manufacturers have become traders.     The impact of Chinese goods has been such that India is threatened to become a country of importers and traders with domestic factories either cutting down production or shutting down completely...The country can...

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