-Hindustan Times India relies on import of raw materials for crop nutrients as well as finished products and compensates fertiliser companies who sell them at below-inflation rates. The Union government has revamped parts of its subsidy regime for fertilisers and crop nutrients to continue providing them at below-market rates, while rolling over special discounts announced for the summer-sown season to the oncoming winter-sown months, according to an official statement on Thursday. International prices...
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The many questions arising from QES data -KR Shyam Sundar
-The Hindu The Quarterly Employment Survey for the April-June quarter throws up some perplexing numbers The Labour Bureau released the results of the All-India Quarterly Establishment-based Employment Survey (QES) for the first quarter (FQ) of 2021 (April to June). The survey covers establishments employing 10 or more workers in the organised segment in nine sectors (manufacturing, construction, Trade, transport, education, health, accommodation and restaurants, IT/BPO, and financial service activities). These sectors account...
More »Centre imposes stock limits on edible oils to soften the prices of edible oils in the domestic market
-Press Information Bureau/ Ministry of Consumer Affairs, Food & Public Distribution The Department of Food and Public Distribution in a landmark decision has imposed stock limits on Edible Oils and Oilseeds for a period upto 31st March, 2022. The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2021 has been issued with immediate effect i.e. from 8th September, 2021.Future trading on Mustard Oil and Oilseeds was...
More »Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik
-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer Trade in goods...
More »The recent QES estimates are unreliable -R Nagaraj and Radhicka Kapoor
-The Hindu The analysis is fraught with caveats and the interpretation of the survey results calls for caution Last week, the Ministry of Labour and Employment released the results of a new Quarterly Employment Survey (QES) for April-June 2021 for the organised (formal) sector. It represents establishments (or units) employing ten or more workers. The surveyed sectors were manufacturing, construction, Trade, transport, education, health, accommodation and restaurant, Information Technology/Business Process Outsourcing (IT/BPO),...
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