-The Indian Express Along with cancellation of the three farm laws, making MSP legal for all crops is another major demand of the farmers protesting at the Delhi border. Jalandhar: While the Centre has been claiming that making Minimum Support Price (MSP) legal for all crops will put a burden of Rs 17 lakh crore on the government exchequer annually, there are economists and experts who are not buying this argument. The MSP...
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Don’t laugh at US so soon, it has survived its populist moment far better than Rest of us -Mihir Sharma
-ThePrint.in In comparison to countries such as Russia, Turkey, Hungary, India, American institutions (media and judiciary) have demonstrated their value and resilience In much of the world, the sight of a mob storming the United States Capitol to keep their leader in office was met not just with horror but with, let’s face it, schadenfreude. Finally! The U.S., which has for decades lectured other democracies about their imperfections and failures, had an...
More »WTO urges India to reduce tariffs -Asit Ranjan Mishra
-Livemint.com * Frequent policy changes create uncertainty, says report * India’s agri tariff rose from 36.4% in FY15 to 36.5% in FY21, while non-agricultural tariff rose from 9.5% to 11.1% India’s average tariff increased to 14.3% in FY21 from 13% in FY15 with the country’s policymakers frequently using trade policy measures to encourage domestic production and curb inflation, the World Trade Organization (WTO) said in its latest Trade Policy Review for Asia’s third-largest...
More »Covid effect: 8.4 lakh migrants back in Kerala from abroad, 5.5 lakh lost their jobs -Shaju Philip
-The Indian Express With the figures indicating that the job crisis triggered by Covid-19 continues, Kerala economy may be facing long-term impact, with remittances from abroad, mainly West Asia, its lifeline. Thiruvananthapuram: AMIDST the Covid-19 pandemic-induced economic crisis, 5.52 lakh people who have returned to Kerala from abroad since May last year have given loss of jobs as reason, according to government data. As per figures compiled by the Department of Non-Resident Keralites...
More »State Recovery Tracker: UP, Rajasthan, other large states led economic recovery in December -Tauseef Shahidi and Pooja Dantewadia
-Livemint.com Over 1.8 million vehicles were sold across India last month, 10 percent higher than December 2019, vehicle registration data suggests. This is the first time during the pandemic that vehicle registration data has shown a year-on-year increase India’s economic recovery appears to have picked up pace over the past few weeks, led by the largest states of the country. All four high-frequency indicators of economic activity considered in Mint’s monthly state...
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