-The Hindu Business Line Micro and small loans as on March 2022 grew by 21.5 per cent to ₹4,95,281 crore from ₹4,07,675 crore as on March 2021 The advances to Micro, Small and Medium Enterprises (MSMEs) are growing at a good pace, as banks are turning liberal in sanctioning loans. The data pertaining to the fourth quarter ended March 31, 2022 as well FY22 show increase in MSME advances compared to previous year,...
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Under pressure on wheat, India brings up COVID vaccines
-The Telegraph V. Muraleedharan stresses the need for all countries to appreciate the importance of 'equity, affordability and accessibility' when it comes to foodgrains Under pressure to reconsider the wheat export ban, India on Wednesday sought to turn the tables on the West by urging it to not hoard the foodgrain the way COVID vaccines were cornered by the developed world and maintained that there were food security exceptions to the restrictions...
More »Wheat Shouldn't Go The Way Of COVID Jabs: India Calls Out West On Exports
-PTI/ NDTV.com Global food crisis: At the high-level meeting, India spoke about the issue of the wheat export ban for the first time in the UN since its May 13 announcement. United Nations: Calling out the West, India on Wednesday said that food grains should not go the way of the COVID-19 vaccines as it voiced concern over hoarding and discrimination amid the "unjustified increase" in food prices. It stressed that its decision...
More »At UN Food Security Minister Meet, India Defends Wheat Export Ban
-TheWire.in India asserted that inequitable distribution of COVID-19 vaccines was a cautionary precedent for not walking a similar path in global foodgrain shortage. New Delhi: India on Wednesday defended the ban on wheat exports as necessary to address “unjustified” food prices and asserted that inequitable distribution of COVID-19 vaccines was a cautionary precedent for not walking a similar path in global foodgrain shortage Speaking at the US-led Food Security Ministerial meeting at UN...
More »The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
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