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CPI inflation for farm, rural workers up in July

-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in food prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...

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RBI Bulletin: A big bang approach to PSB privatisation may do more harm than good

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to privatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges...

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State govt orders district authorities to follow MGNREGA guidelines -Pranesh Sarkar

-The Telegraph The development is considered significant in the backdrop of Centre’s decision to freeze funds under the scheme citing embezzlement Calcutta: The state panchayat and rural development department has asked district authorities to strictly follow all norms for projects under the 100 days’ job scheme when central funds are released. The development is considered significant in the backdrop of the Centre’s decision to freeze funds under the scheme citing embezzlement. “The development is...

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More women in the labour force must not lead us to complacency -Sona Mitra and Bidisha Mondal

-Livemint.com It’s a pandemic-related rise and we still need an ecosystem of enablers that can lighten the domestic commitments of women The female labour force participation rate (FLFPR) in India has witnessed an increase, as per the Periodic Labour Force Survey released by the National Statistical Office (NSO) covering June 2020 to July 2021. The figure in the period stands at 25.1%, far better than the 17% in 2017-18. While this is...

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MGNREGA Fund Impasse Big Worry for CM Mamata, Offers to Follow Norms -Rabindra Nath Sinha

-Newsclick.in The brake on the release of funds by the Centre, which has found blatant and persistent violation of norms by Nabanna, has queered Mamata Banerjee's pitch. Kolkata: It’s a tough call suddenly for Trinamool Congress chief and West Bengal’s chief minister Mamata Banerjee; TMC’s very comfortable majority in the Assembly notwithstanding. Mamata finds herself in an awkward situation after the arrest of two of her trusted aides – Partha Chatterjee and...

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