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The Indian economy is blaring warnings, but the Modi government remains in denial -Jayati Ghosh

-Scroll.in/ qz.com While the government was busy celebrating cosmetic measures like ‘ease of doing business’ ranking, the real economy tanked. Suddenly, it seems like everything is shrinking in India: our capacity for tolerance and diversity, the space for democratic expression and dissent – and now, economic growth. The warning signs have reached a point where they cannot be ignored any longer and more people, including prominent business leaders, are speaking out. Yet, at...

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Climate change could cause 29% spike in cereal prices: leaked UN report -Nitin Sethi

-Business Standard Food supply chains will get disrupted globally, the study warns. Report to be officially released in August “The rate and geographic extent of global land and freshwater resources over recent decades is unprecedented in human history,” a report authored by UN’s panel of scientists from across the world on climate change is set to inform. Business Standard reviewed a leaked copy of the draft report sent to the governments of...

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Creating a fair digital payments market -Padmashree Gehl Sampath

-The Hindu Local firms will be at a disadvantage if big tech companies are given plum roles Since early last year, WhatsApp has busily PILoted its payment system in India. WhatsApp Pay relies on the Indian government’s Unified Payments Interface (UPI) system to facilitate inter-bank transactions. Regulatory approval that would allow its nation-wide introduction is stuck on one point: the Indian government has asked WhatsApp to localise all data processing related to...

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Centre measuring how we spend our time -Isha Jain

-The Times of India LUCKNOW: A pan-India survey is under way since January 2019, the first of its kind in India, to measure an individual’s use of his/ her time, evident in the very term Time User Survey. Conducted by the National Sample Survey Office, it is being carried out in four legs from January to December. Talking about the survey, chief statistician Pravin Srivastava on Saturday, while inaugurating a seminar on...

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CSOs are unhappy with the way the Economic Survey 2018-19 & the Union Budget 2019-20 dealt with MGNREGA

-Press release by NREGA Sangharsh Morcha and Peoples' Action for Employment Guarantee (PAEG) dated 9 July, 2019 Even as many parts of the county suffer from drought, the new government at the centre has allocated a mere Rs 60,000 crores for the National Rural Employment Guarantee Act (NREGA) for the ongoing financial year. This is Rs 1,084 crore less than the revised budget estimate for 2018-19. Expenditure would have been much...

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