Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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The curious case of Meghalaya’s COVID-19 relief package -Rakshita Swamy and Angela Rangad
-The Hindu Audits, transparency and citizen-centric accountability need to be a part of fund support and disbursement Every COVID-19 wave in India has brought us face to face with the dire precarity of life and livelihood for India’s vast numbers of unorganised workers, and the inadequate response of the state and society to their plight. The latest global OXFAM inequality report highlights how India’s billionaires have grown dramatically in numbers and wealth,...
More »Mainstreaming climate resilience through MGNREGS: Learning from Tamil Nadu’s Tiruvannamalai -Nambi Appadurai and Sowmithri VR
-Down to Earth Blog The district set a record for creating 1,121 farm ponds in 30 days in September 2021, in line with the recently launched state climate mission In September 2021, Tamil Nadu’s Tiruvannamalai district set a record for creating 1,121 farm ponds in 30 days by leveraging the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The initiative’s aim was to ensure adequate water for agricultural and domestic purposes throughout the...
More »The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to...
More »Rs.60,000-crore loan guarantee scheme for COVID-hit sectors yet to take off -Vikas Dhoot
-The Hindu 52 days after it was announced as a top relief package, Finance Minister says it ‘is in the process’. A Rs.60,000-crore loan guarantee scheme for helping sectors hit the hardest by COVID-19 is yet to get off the ground, 52 days after it figured at the top of an economic relief package to cope with the second wave’s shocks. This proposed credit support was part of a new ₹1.1 lakh crore...
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