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Can Indian Farmers Reap Benefits From Government Subsidies Amid Inflation? -Subhash Chandra Garg

-TheQuint.in After Interest payments, food subsidies, fertiliser subsidy will be third largest single-budget govt expenditure. With the Government seeking an additional appropriation of Rs 1.09 crore through the first supplementary in the current session, India’s fertiliser subsidy bill is set to exceed Rs 2.37 lakh crore this fiscal 2022-23. Govt Expenditures Going Big on Fertiliser Subsidies Excluding interest, pensions, and mandatory transfers to state governments, the revised budgetary discretionary expenditure is likely to be...

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Macro policy for uncertain times -Sonal Varma

-Business Standard External storms are morphing into hurricanes. India is in a relatively better position than many other countries, but this period of heightened volatility will require agility and clarity on policy Despite recovering from the pandemic, repeated global shocks have presented numerous challenges for India’s economy this year, driving inflation and evoking balance of payments (BoP) pressures. These shocks will likely persist for much longer.  In the US, even amidst signs of...

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In Nandurbar, delayed MGNREGA wages trap workers in a vicious cycle of debt and migration -Tabassum Barnagarwala

-Scroll.in A rise in work allocation through the pandemic saw an enthusiastic response. Now, delayed wages and reduced allocation forces workers out of the district again. Bardha Girdhar had to wait more than six months to get Rs 2,976 he had earned for digging trenches in Nandurbar. A farmer who own a patch of land of a little over two acres in the district, Giridhar spends some part of the year growing...

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How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania

-The Hindu Business Line Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities Contributing 29 per cent to India’s GDP and 40 per cent of India’s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India’s workforce translating into 80 million jobs. However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke...

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Macrovariable projections in uncertain times -Arun Kumar

-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...

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