-The Telegraph In a remarkable development, for the first time in 20 years, currency in circulation (CIC) declined during Diwali week. With the increased acceptance of digital payments in the country, over-reliance on cash is slowly fading away. Over the years, the Indian cash-led economy has now changed to a smart-phone led payment economy, says a research note. In the report, Dr Soumya Kanti Ghosh, group chief economic adviser of State Bank...
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For beneficiaries of Delhi’s new EWS flats, it’s a wish they didn’t dare dream -Kanishka Singharia
-Hindustan Times One beneficiary thanked the PM for fulfilling their dream of owning a house after spending their lives in a slum. Hours ahead of Prime Minister Narendra Modi handing over the keys to 3,024 newly constructed flats for those belonging to Economically Weaker Sections (EWSs) in the Kalkaji area of Delhi, beneficiaries - mostly those rehabilitated from nearby slums - expressed their happiness to find a permanent dwelling for themselves. Modi inaugurated...
More »Why GM mustard faces vocal opposition despite regulator nod -Amarnath K Menon
-India Today Once the government gives final approval, it will be another three years before farmers can begin commercial cultivation using GM mustard seeds Approval for the environmental release of genetically modified (GM) mustard—Dhara Mustard Hybrid-11 (DMH-11)—across India has not come a day too soon. The GM crops regulator, the Genetic Engineering Appraisal Committee (GEAC), had cleared GM mustard in 2017 but the Indian government raised questions and asked for more studies,...
More »How do voters assess the Gujarat government? -Vibha Attri and Vanshika Sharma
-The Hindu While the BJP-led State government is rated positively, there is not a great deal of endorsement for its famed development record The Bharatiya Janata Party (BJP) formed the government in Gujarat in 1995. Since then, it has more or less remained in power. Now, it is seeking yet another term. The Lokniti-Centre for the Study of Developing Societies (CSDS) survey sought to gauge public opinion in Gujarat on the government’s performance...
More »MSMEs have shown resilience in the face of steep challenges -V Anantha Nageswaran and Gurvinder Kaur
-Livemint.com Public support measures helped India’s small businesses survive the pandemic better than feared The robust recovery of India’s economy from the profound shock of the covid pandemic has expectedly triggered debates about the nature of this recovery. While our economic recovery, as reflected in various supply and demand indicators, is acknowledged by many unbiased observers, an examination of its inclusivity is necessary. As an immediate response to the pandemic, the government put...
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