-TheQuint.com A recent SBI report, which states that the informal economy has declined, avoids even defining ‘informal economy’. A recent edition of “Ecowrap”, a publication of the research team of the State Bank of India (SBI), has claimed that India’s informal economy has sharply declined from 52.4 per cent in 2017-18 to between 15 and 20 per cent in 2020-21 in the three years since 2017-18. This finding by the SBI research...

-TheWire.in National trade policies can play a complementary role but international trading rules that are being proposed to the WTO can constrain developing countries’ progress towards environmentally sustainable growth. As leaders proceed to Glasgow for COP26, the paramount issue remains how the world commits to a reduction in greenhouse gases. Climate adaptation will be an urgent agenda for developing countries. But to achieve their environmental goals developing countries need access to affordable...

-The Hindu The RBI deputy governor reminded the industry that their customers often have lower level of financial awareness and literacy and ‘are often too desperate to turn away any source of credit’. Micro-finance lenders must refrain from chasing profits and introspect on the ‘negative consequences’ of pushing their borrowers into a debt trap, using harsh recovery practices and harassing customers as this could undo the sector’s progress, a top central banker...

-Livemint.com Value-addition per worker needs to rise sharply in several fields for the country to enhance prosperity and reduce inequality It is known that productivity is the key to economic prosperity. How do we raise the productivity of service workers? This is one of the biggest challenges that India faces which hasn’t yet received much attention. Why is this important? First, low and medium-productivity service sectors (services except real estate, business and professional...

-Scroll.in Anganwadi staff need funds for infrastructure and supplies. Instead, the government gave them a new app that is riddled with problems. On the afternoon of August 23, the Chhota Sion urban health centre in the heart of Mumbai’s sprawling Dharavi slum was suddenly awash with pink. Nearly 80 women, all dressed in saris and salwar suits in various shades of the colour, trooped into its lobby. Breaking up into groups, they spent...