-Down to Earth Poor, marginalised to be worst hit; Economic productivity to be jeopardised too A new report by the World Bank suggests India could soon become one of the first places in the world to experience heatwaves that break the human survivability limit. Climate Investment Opportunities in India’s Cooling Sector said the country is experiencing higher temperatures that arrive earlier and stay far longer. India has witnessed a concurrent increase in meteorological...
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Government forms panel to look into MGNREGA’s efficacy -Sobhana K Nair
-The Hindu Poorer States like Uttar Pradesh, Bihar haven’t been able to use the scheme optimally to alleviate poverty, while economically better-off States like Kerala use it as an asset creation tool, say officials The Central government has constituted a committee to review the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme, especially to assess the programme’s efficacy as a poverty alleviation tool. The committee, headed by former...
More »Unlock potential of MSMEs with schemes -Dr. Dinesh Kumar Tyagi
-The Daily Pioneer The MSME sector does not need more laws and regulation but handholding and support in India The importance of the MSME in the economic and social development of the country, especially for developing nations, has been established in various studies conducted by the international institutions. In India, the role of SME is proven by the fact that they contribute about 30 per cent of the GDP and 45 per...
More »Global Hunger Index May be Imperfect, but India Must Heed its Warning -Dipak Chaudhari and Atman Shah
-Newsclick.in Political parties conveniently use such indices to support their positions and programmes. However, we must view it as a crucial marker of the economic well-being of people. Health is regarded as an unalienable human right in the Universal Declaration of Human Rights. Children and adults can less utilise their full potential if they suffer from hunger, which unleashes a cycle of events that limit their choices and opportunities. The second of...
More »First Time in 20 Years, Currency in Circulation Declines in a Busy Diwali Week: SBI
-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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