-Ideas for India The share of bank credit extended to MSMEs INCreased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...
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Why Kerala paddy farmers are having a field day now -PK Krishnakumar
-Moneycontrol.com Measures like assistance for fallow land cultivation, upland cultivation, and conversion of single crop to double crop have INCreased productivity. Though paddy farmers are still struggling with rising cost of production and procurement delays, they get a daily wage of Rs 700, against Rs 200-300 in other states. Paddy farmers in Kerala have something to cheer amidst the ongoing row between the Kerala government and the rice millers over procurement. Rice production...
More »Real estate, IT, gig jobs, MNREGA: Making sense of India’s roller-coaster unemployment crisis -Radhika Pandey
-ThePrint.in Employment in India rose from 394.6 million in August to 404.2 million in September, and while the numbers are still below pre-Covid levels, the INCrease is encouraging. India’s unemployment rate dropped sharply to 6.4 per cent in September from 8.3 per cent in August. This was the lowest unemployment rate in the past four years. The fall in unemployment was seen across both rural and urban regions. Alongside the decline in the...
More »Nandurbar’s nutrition centres are showing dismal results in helping malnourished children -Tabassum Barnagarwala
-Scroll.in Less than half the malnourished children admitted at the district’s nutrition rehabilitation centres sINCe 2021 have gained the targeted weight. Chandni Patle placed Bau Pawara, a feeble-looking 17-month-old baby, on an electronic weighing machine. The child, with bony limbs, was quiet and inactive – unusual for toddlers his age. It was early September, and this was his fourth check-up in two months at the nutrition rehabilitation centre in Dhadgaon, in Maharashtra’s...
More »56 mn Indians may have turned poor in 2020 due to pandemic: World Bank -Asit Ranjan Mishra
-Business Standard "The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said. About 56 million Indians may have plunged into extreme poverty in 2020 as a result of the pandemic, INCreasing the global tally by 71 million and making it the worst year for poverty reduction sINCe World...
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