-Scroll.in/ Qz.com While the economic survey and Budget estimate the growth in the coming fiscal year to be 8%-8.5% and 6.6% respectively, RBI forecasts it to be 7.8%. Indians have enjoyed an ever-expanding array of choices for consumer goods over the past couple of decades. In this season of cheer and goodwill, they now have the pleasure of even selecting a version of India’s growth perspectives, depending on the risks playing out. Three...
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The Ailing PM Fasal Bima Yojana Needs a Structural Redesign -Baikunth Roy and Satyendra Kumar
-TheWire.in Despite increasing allocated funds, the Union government has been unable to significantly improve penetration of crop insurance in terms of enrolled farmers and insured areas. India’s agriculture sector, which provides employment to more than 50% of the labour force and contributes about 17% of the gross domestic product, currently faces multiple challenges. Smaller land holdings, unfavourable climate changes events, dismal public and private investment, low monthly incomes, a high proportion of...
More »Reviving the ‘Kerala Model’ of development -Shashi Tharoor and Vinod Thomas
-The Hindu Its lustre is fading as there are threats from emerging social and environmental risks, but the question is how Kerala has long been recognised to have done many things right. For years the darling of development experts, non-governmental organisations and social activists, the ‘Kerala Model’ seemed to show that impressive levels of human development indicators — in health, education and quality of life, comparable even to some rich countries —...
More »Still unequal
-The Telegraph The Union Budget reveals glaring gaps in allocations for education Appearances can be deceptive. On the face of it, education has been allotted Rs 1,04,278 crore — a rise of Rs 11,054 crore from 2021-2022 — in this year’s budget. However, this still amounts to just above 3 per cent of the gross domestic product, falling far short of the 6 per cent public investment recommended by the National Education...
More »Increasing MSMEs’ share in GDP to 40% by 2025 is a herculean task: AIMA
-Financial Express Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports to 60 per cent from 48 per cent and 5 crore additional jobs by 2025 apart from the jump in GDP share. Ease of Doing Business for MSMEs: Increasing MSMEs’ contribution to India’s gross domestic product (GDP) from nearly 30 per cent to 40 per cent by...
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