-Livemint.com * Rural spending is the only ray of hope for a ravaged economy. But will consumers rise to the occasion? * The income loss due to 30 million migrant workers returning home is a significant hit to household Finances. Moreover, covid-19 has deeply affected an already bruised consumer psyche The locked rooms lining the courtyard of Dilip Patidar’s sprawling ancestral home once smelled like a spice box. That was some years ago...
More »SEARCH RESULT
Garib Kalyan Rojgar Abhiyaan: A travesty on migrant workers -Vikram
-Down to Earth Its primary aim is to woo voters in Bihar where elections will take place later this year While the whole country is fighting against the novel coronavirus disease (COVID-19), the priority of the Bharatiya Janata Party (BJP) is to manage Rajya Sabha elections and campaign for the Bihar state assembly elections. The launch of ‘Garib Kalyan Rojgar Abhiyaan’ by Prime Minister Narendra Modi on June 20, 2020, is nothing but...
More »Crop of ironies -Madhurika Sankar
-The Hindu Food security and farmer welfare are intertwined It is ironic that it took a devastating pandemic to force the government’s hand for long-overdue agrarian reforms. Amendments have been made to the Essential Commodities Act, 1955. The Finance Minister has urged States to dismantle the Agricultural Produce Market Committees. Several long-term changes have been made to the agricultural sector, such as fair pricing and e-trading, along with liquidity measures. The Centre...
More »India’s three new agricultural ordinances will weaken state Finances – and shortchange farmers -Narasimha Reddy Donthi
-Scroll.in The Central government has thrown its weight behind traders, investors and corporations. Three ordinances approved at a cabinet meeting on June 3 were hailed as landmark decisions that would benefit Indian farmers and transform the agricultural sector. One of these, the Essential Commodities (Amendment) Ordinance, 2020, amends the existing act to remove all agricultural commodities from the list of essential commodities. The government assumes that “the freedom to produce, hold, move, distribute...
More »High rates, low demand: Stressed MSMEs can’t tap into Govt relief -Sunny Verma
-The Indian Express Viable companies, with good credit history, are able to raise funds, but the most needy among the MSMEs are facing a double whammy: slump in demand and lack of Finance. Banks have started disbursing funds to Micro, Small and Medium Enterprises under the 100% Emergency Credit Line Guarantee Scheme announced by Finance Minister Nirmala Sitharaman last month but for many firms, hit hard by the pandemic lockdown, credit is...
More »