-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...
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Dr. Gopal Krishna, law and policy researcher, and a member of the Citizens Forum for Civil Liberties, interviewed by Gursimran Kaur Bakshi (TheLeaflet.in)
-TheLeaftlet.in ‘Convergence of all sensitive databases is another unmet open constitutional challenge’, says law and policy researcher, Dr. Gopal Krishna THE Comptroller and Auditor General of India [CAG] published an audit report titled ‘Functioning of Unique Identification Authority of India’ on April 6, 2022. The Aadhaar project, established through the Unique Identification Authority of India [UIDAI] in January 2009, has generated more than 129.04 crore Aadhaars till the end of March 2021....
More »Sri Lanka says it will default on its entire $51-billion external debt
-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...
More »Raising capital the biggest challenge for women-led MSMEs in India: Indifi
-Business Standard The survey discovered that securing capital remains the biggest challenge The number of women-led MSMEs in India has jumped from 2.15 lakh to 1.23 crore in just a decade. However, they face a finance gap of $158 billion and largely rely on informal sources, said a survey by Indifi Technologies, a lending platform for MSMEs, titled ‘Understanding what women-led MSMEs want’. The survey was launched to understand needs and challenges of...
More »India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu
-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...
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