-The Hindu Putting more money in the hands of rural households will stir up the economy The government’s statistical machinery has begun work on revising the indices that capture the trends in consumer prices experienced in rural India. This opens up the prospect for an upward revision in the wages paid out to workers under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The current national average wage is just about...
More »SEARCH RESULT
Total Matching Records found : 305
Explained: The idea of 'zero-budget' farming, and why scientists are sceptical -Yashee
-The Indian Express Addressing the 14th Conference of Parties (COP14) to the United Nations Convention to Combat Desertification (UNCCD) on Monday, Prime Minister Narendra Modi mentioned that India was "focusing on Zero Budget Natural Farming (ZBNF)". In her Budget speech, Finance Minister Nirmala Sitharaman had spoken of the need to “go back to basics”, and to “replicate this innovative model (that) can help in doubling our farmers’ income”. The National Academy of...
More »Sentiments do have real economic benefits -Renu Kohli
-The Telegraph Investors may be buying stocks again, but fundamental drivers such as expected corporate performance remain unchanged Sentiments matter for economic growth. Optimistic or upbeat sentiments encourage consumers to buy and borrow; businesses, on the other hand, are spurred to plan and invest. But when in reverse gear, downbeat or negative sentiments can hold back spending, restricting activities and stifling growth. For an economy seeking to revive itself, be it India...
More »Hardly the brick and mortar of a revival -Jayati Ghosh
-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
More »Private sector salaries logged slowest growth in a decade -Vineet Sachdev
-Hindustan Times It is also the first time in seven years that the share of salaries in sales revenue has come down. Hit by decelerating sales growth, Indian companies are tightening spending on their wage bills. Private sector salaries recorded their worst growth in 10 years in fiscal year 2018-19. It was also the first time in seven years that the share of salaries in sales revenue came down. These results are...
More »
