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How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania

-The Hindu Business Line Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities Contributing 29 per cent to India’s GDP and 40 per cent of India’s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India’s workforce translating into 80 million jobs. However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke...

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Has inflation peaked? -Lokeshwarri SK

-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...

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CPI inflation for farm, rural workers up in July

-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in food prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...

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Over 11,000 crop residue management machines go missing in Punjab; vigilance probe ordered

-PTI/ The Hindu Punjab’s Agriculture Minister Kuldeep Singh Dhaliwal said according to initial investigation by the agriculture department, it appears that a sum of ₹125-150 crore has been misused The Punjab government has said it has initiated a vigilance probe into a ₹150-crore scam in the distribution of crop residue management machines among farmers during the previous dispensation led by the Congress. State Agriculture Minister Kuldeep Singh Dhaliwal, in a statement on Wednesday,...

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Central Pool foodgrain stocks at lowest in 5 years -Prabhudatta Mishra

-The Hindu Business Line Wheat stocks already low due to low production, concerns mounting about dip in paddy sowing Rice and wheat stock in the Central Pool, managed by the Food Corporation of India (FCI), is at a five-year low, mainly due to lower procurement of wheat. Rice stock, though above 2020 level, may deplete fast in case there is a drop in production during current kharif season as paddy transplanting has...

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