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The low productivity trap of collateralised lending for MSMEs -Harsh Vardhan

-Ideas for India The share of bank credit extended to MSMEs increased dramatically during the pandemic. In this post, Harsh Vardhan discusses the the government guarantee of bank loans as a possible driver of this growth. He outlines the current policy of providing credit against collateral, and the constraints MSMEs face while borrowing– which leads to decreased investment and firm productivity. He argues that the learnings from the credit guarantee scheme...

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Maiden pharma, under WHO scanner for Gambia kids' deaths, flouted norms in 4 states -Milan Sharma

-IndiaToday.in The Central Drugs Standard Control Organisation (CDSCO) has not yet barred the company from operations in India even as many of its medical products made for Indian use have also been found to be of substandard quality, often flagged by authorities. Ever since Maiden Pharmaceuticals has come under the scanner of the World Health Organisation (WHO) after being flagged for the four cough syrups manufactured in India and exported to Gambia...

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Why Kerala paddy farmers are having a field day now -PK Krishnakumar

-Moneycontrol.com Measures like assistance for fallow land cultivation, upland cultivation, and conversion of single crop to double crop have increased productivity. Though paddy farmers are still struggling with rising cost of production and procurement delays, they get a daily wage of Rs 700, against Rs 200-300 in other states. Paddy farmers in Kerala have something to cheer amidst the ongoing row between the Kerala government and the rice millers over procurement. Rice production...

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‘Over-crowded’ Classrooms, Girls Dropping Out: Delhi Govt Comes Under Fire Over Merger of Schools -Ronak Chhabra

-Newsclick.in On Thursday, activists alleged that owing to a “shortage of schools” in the city, over 80,000 children have been denied admission to government schools in the recent past; the merger-closure policy has also led to a “steep decline” in the classroom teaching-learning process, according to them. New Delhi: The continuing merger of state-run schools in the national capital in the name of rationalisation has come under flak for leading to “severe...

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How well did the women workers fare during the pandemic years? The yearly PLFS reports provide some mixed answers.

Do you want a job that does not pay you at all? The answer will be surely 'no' for most of us. And yet, in our previous analysis, it was found that the proportion of 'helpers in household enterprises' among the total number of workers grew over various rounds of annual PLFS (Periodic Labour Force Survey), from 13.3 percent to 15.9 percent between PLFS 2018-19 and PLFS 2019-20, and then...

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