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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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Should the government loosen its purse strings? -Prashanth Perumal

-The Hindu As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away, many economic observers are now focused on what support the Centre can offer the economy, which is still struggling to recover from the pandemic. Some analysts believe that the government must keep its spending in check to prevent price rise from getting out of control. Retail inflation...

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4.7L farmers miss PM Kisan Samman benefit -Swathi Vadlamudi

-The Hindu Study by Libtech India blames official apathy for improper Bank account linkage HYDERABAD (Telangana): A total of 4.7 lakh farmers in Telangana have not received either part or full benefits under the PM Kisan Samman Nidhi scheme, a study by Libtech India, a research group, found. Under the scheme modelled after Rythu Bandhu scheme of the Telangana government, the Central government is transferring ₹6,000 annual benefit each to eligible farmers in three...

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NFHS data reveals that children in the Bundelkhand region suffer from double burden of malnutrition

In the previous news alert, we looked at the under-nutrition problem in the Bundelkhand region in terms of 3 indicators -- proportion of children under 5 years who are stunted (height-for-age); proportion of children under 5 years who are wasted (weight-for-height); and proportion of children under 5 years who are underweight (weight-for-age). However, the National Family Health Survey (NFHS) data also indicates that severe under-nutrition like severe wasting and anaemia among...

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No justification in closing schools over Covid: World Bank expert

-PTI/ The Tribune The report says no evidence that reopening schools has caused a surge in Covid cases and that schools are not a “safe place” New Delhi: There is no justification now for keeping schools closed in view of the Covid-19 pandemic and even if there are new waves, closing schools should be the last resort, according to World Bank’s Global Education Director Jaime Saavedra. Saavedra, whose team has been tracking the...

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