-TheWire.in "Lack of funds results in suppression of demand for work and delayed payment of wages to workers. These are violations of the Act; they also constrain economic recovery." New Delhi: A group of 80 economists and other academics has written an open letter to Prime Minister Narendra Modi, requesting him to immediately release adequate funds for the Mahatma Gandhi National Rural Employment Guarantee Act. As employment and wage levels struggle to...
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Farm Laws: Is MSP guarantee really the elixir that Indian agriculture needs? -Shagun Kapil
-Down to Earth The concept is unreasonable and will be detrimental to the country’s agricultural system, feel experts On November 19, when Prime Minister Narendra Modi announced the decision to repeal the three farm laws, he also stated that the government would form a committee to discuss how the system of minimum support price (MSP) could be more effective. One of the key demands of the protesting farmers is that MSP is provided...
More »Anti-CAA protests gather fresh steam
-The Hindu Rollback of farm laws spurs groups in Assam, event planned on December 12. Prime Minister Narendra Modi’s announcement on repealing the three contentious farm laws has revived groups against the Citizenship (Amendment) Act in Assam with a protest planned on December 12. The CAA seeks to fast-track the granting of citizenship to non-Muslims who fled religious persecution in Afghanistan, Bangladesh, and Pakistan and took refuge in India till December 31, 2014. A...
More »India resists rich nations’ attempt to ‘divide’ developing nations, LDCs -Amiti Sen
-The Hindu Business Line Against postponing resolution and plans to expand provisions for LDCs alone India is resisting attempts by developed nations to “draw a wedge” between developing countries and LDCs in the ongoing negotiations for subsidising public stockholding programmes at the WTO, under the garb of offering an early resolution, and has asked poorer nations not to fall into the trap. “At the WTO agriculture committee on Monday, some developed nations, such...
More »Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply
-MoneyControl.com In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units Cash transactions in the housing market have reduced by at least 75-80 percent since demonetisation five years ago. Buyers no longer buy homes to get rid of black money - they now buy them because they want to own homes. But the component is still finding its way into property...
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