-The Hindu Business Line The government, market and collectives should have worked in tandem to develop resilience of economic institutions during the slowdown in India The sharp downfall in the economic growth rate could be attributable to a lack of resilience of Indian economy. Only fiscal and monetary policies may not halt the downfall of the economy. Collective organisations, including NGOs, have played an important role in consumption and income-smoothing. The downfall...
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Why society owes Asha workers a debt -Dipa Sinha
-Hindustan Times Expanding better opportunities with decent wages for frontline workers could also contribute to the revival of the rural economy by putting wages into the hands of many, and take us closer to achieving our health and nutrition goals The unsung heroes of the response to the Covid-19 pandemic have most definitely been the millions of frontline women workers, especially Accredited Social Health Activists (Ashas) who have been working tirelessly at...
More »Big rural credit push from RBI, start-ups put in PRIority sector -George Mathew
-The Indian Express Loan limits for renewable energy, health infrastructure doubled The Reserve Bank of India (RBI) on Friday brought financing of start-ups under the PRIority sector lending (PSL) category of the banking sector, proposed more credit flow to districts with lower PSL, and doubled loan limits for renewable energy and health infrastructure “to align it with emerging national PRIorities and bring sharper focus on inclusive development.” In a bid to address regional...
More »What GDP numbers didn’t tell -Surajit Das
-TelanganaToday.in Pvt consumption and investment (90% of GDP) have shrunk 35% and revised numbers could present a scarier picture On 31st August, the National Statistical Office (NSO) came out with the provisional estimate of the GDP. According to this, the GDP shrunk by 23.9% during APRIl, May and June as compared with the first quarter of the last financial year (2019-20). Aggregate PRIvate final consumption expenditure contracted 26.7% and investment (including gross...
More »Punjab's Agriculture Sector Can't Rest on its Past Glory -Siraj Hussain
-TheWire.in From seeds and machinery to livestock and irrigation, the state needs to change the status quo. One eye must be firmly kept on the future. If Punjab’s agriculture sector is to succeed, it has to think beyond short-term crises such as the current pandemic-induced one. For instance, the Expert Group headed by Montek Singh Ahluwalia has made important recommendations about seeds, agricultural research, livestock, dairy and food processing. It has been noted that...
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