-The Hindu How the people of Landour with the help of friends raised money for medical equipment at the Landour Community Hospital — all in a day Five days ago, Priya Kapoor, the editorial director of Roli Books, tweeted out to say that the Landour Community Hospital (LCH), an 80-year-old institution, was fundraising for a ventilator. She appealed especially to those who had “visited and loved Landour”, saying, “Every bit counts.” Landour...
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Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin
-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
More »Why do MSMEs rarely get compound interest on delayed payment claims? -Vivek Sharma
-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, VIVEK SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....
More »More fiscal support is imperative: CII chief -Suresh Seshadri
-The Hindu Uday Kotak highlights risks of not spending, says a lot will hinge on States’ approach to reopening. India’s economy urgently needs increased fiscal spending from the government to support businesses that have suffered stress from the COVID-19-related disruptions, as well as households and individuals worst hit by the pandemic, CII president Uday Kotak said on Wednesday. “I think the time has come for the fisc [fiscal authorities] to do a lot...
More »Why ‘excess mortality’ figures for Covid must be calculated -Chinmay Tumbe
-The Indian Express They will not only help capture the true scale of the tragedy, but will also help in planning better for the next waves of the pandemic. In his memoirs, the writer Suryakant Tripathi (1896-1961), better known as Nirala, described the river Ganga as “swollen with dead bodies” when the deadly second wave of the influenza pandemic struck India in 1918. The pandemic was a deeply traumatic experience for him,...
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