-Down to Earth Increasing budgetary allocations towards Rural Employment Guarantee Act is non-negotiable The agriculture SECtor has continued to serve as a lifeline at a time when the novel coronavirus disease (COVID-19) pandemic has hurt every economic activity in an unprecedented manner. It has not only ensured food supply but also provided livelihoods to daily-wage workers during the lockdown, providing the last resort for those rendered homeless. The Union Budget 2021-2022 to...
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BoB chief warns of rising stress in retail and small businesses -Shayan Ghosh
-Livemint.com Public SECtor lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress Public SECtor lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress. “The kind of stress we are seeing now...
More »We’re not all in the same boat -Amitabh Behar
-The Hindu Fighting inequality must be at the heart of our economic rescue and recovery efforts One of the most incisive and hard-hitting comments on the real import of the COVID-19 crisis came from none other than the United Nations SECretary General, Antonio Guterres. He said: “COVID-19 has been likened to an x-ray, revealing fractures in the fragile skeleton of the societies we have built. It is exposing fallacies and falsehoods everywhere:...
More »Hyderabad sees rise in groundwater levels -Siddharth Rao
-TelanganaToday.in Officials attribute this to copious rainfall and rainwater harvesting in the city Hyderabad: The year 2020 might not be one that everyone wants to remember. But for those watching the groundwater tables of Hyderabad, the Water Year of 2020-2021 has been one of a steady, encouraging rise. In the Hyderabad division, the mean groundwater level rose from 5.37 metres below ground level (mbgl) in December 2019 to 3.48 mbgl in December 2020,...
More »Once in a Century Budget: Statement of Fact or Hope? -Arun Kumar
-TheWire.in The pandemic and lockdown threw existing budgetary calculus completely out of line. But that provides an opportunity too. In December 2020, talking at a CII meet, finance minister Nirmala Sitharaman reportedly stated: “100 years of India wouldn’t have seen a budget being made post-pandemic like this”. Was it a mere statement of fact, that never before had parts of the budget-making process been done in a virtual manner after a pandemic, or...
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