-Hindustan Times At the crucial climate conference, world leaders aim to discuss climate Finance and the Paris Agreement. Three times more people are displaced by climate disasters than war, United Nations chief António Guterres said at the crucial COP27 conference in Egypt on Monday as the global body sounded “early warnings" for the world. With half of humanity living in danger zones, he underlined, "ever-rising greenhouse gas emissions are supercharging extreme weather...
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Can rich nations be held accountable for the pain caused to Maharashtra’s farmers by climate change? -Flavia Lopes & Nushaiba Iqbal
-Scroll.in/ IndiaSpend.com At the coming COP27, India is pushing for a Finance facility that could cover monetary losses caused by climate change. It had been drizzling all day on Wednesday, October 19. Suvarna Vikas Shingda, 30, from Palghar’s Ake-gavhan village sat on the front porch of her hut. In one corner, harvested rice was stacked in piles, the cut sheaves covered with grains. A few days prior, her neighbour had informed her that...
More »MSMEs drive growth in bank credit to industry
-Financial Express The credit outstanding to industry stood at Rs 32.4 trillion as of September 23, according to the data. The banking sector lending to industry has picked up, led by disbursals to the micro, small and medium enterprises (MSME) sector. Bank credit to industry improved 12.6% year-on-year in September, compared to a muted 1.7% growth in the same month last year, data released by the Reserve Bank of India (RBI) showed. Banks’...
More »Production-linked incentives: Dole or incentive? -Shwweta Punj
-IndiaToday.in The production-linked incentive scheme has helped boost India's mobile exports but is yet to show results in some other sectors. Agility and ease of doing business in its implementation will determine its success For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. A recent effort to give...
More »The FM’s call for industrial investment -K Bharat Kumar
-The Hindu Why did the Union Finance Minister urge industry giants to invest in manufacturing? Is private sector financing at an all-time low? Has government intervention to boost and spend aggressively on infrastructure come at an opportune time? The story so far: Last month, Finance Minister Nirmala Sitharaman asked captains of industry what was holding them back from investing in manufacturing. She likened industry to Lord Hanuman from the Ramayana by stating...
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