-TheWire.in The traders have incurred a loss of over Rs 5000 crore in the last 22 days, while 15 lakh labourers have lost their jobs due to the shutdown. Surat: On July 8, Surat, the economic capital of Gujarat, witnessed an unprecedented protest against the new tax regime, the Goods and Service Tax (GST). Texile traders swarmed a three-km stretch on the Ring Road, which holds city’s main textile market, on a...
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Muddled nutrition in Delhi ends up in PIL
-CivilSocietyOnline.com New Delhi: An estimated 50 percent of children in the National Capital Territory of Delhi are undernourished, but a State Food Commission that can address the problem has not been set up. The Food Security Act of 2013 stipulates the setting up of food commissions in the states to monitor mid-day meals served in government schools and supplementary nutrition provided in anganwadis, which are mother and child care centres. It has been...
More »Declining bank credit indicates poor economic performance
Apart from gross domestic product (GDP) and gross value added (GVA), another indicator which shows whether an economy is thriving or stagnating is the growth in bank credit. Credit is a critical input in the production of goods and services. It is generally the case that during prosperous times, economic actors, who are engaged in different sectors or in various industry, take up bank loans to invest. The provisional data...
More »Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
More »Minus money, PM 'model' loses sheen -Anita Joshua
-The Telegraph New Delhi: Parliamentarians, even those from the BJP, have been dragging their feet for the second year in a row over adopting villages in their constituencies (or states) under the Pradhan Mantri Sansad Adarsh Gram Yojana. Over a quarter into this fiscal, only 40 of the 788 MPs have identified gram panchayats for adoption under the programme, which mandates them to develop these villages into "model villages" for others to...
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