Clipped from: https://www.businesstoday.in/latest/economy/story/cabinet-approves-rs-4000-cr-investment-in-ecgc-in-5-years-307966-2021-09-29 The move will help create 59 lakh new jobs. Capital infusion and planned IPO will increase ECGC’s underwriting capacity up to 88,000 crore
Category: Economy
What gives rise to the rural debt trap?–Sonal Ann D’Souza, Sunit Arora write: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/what-gives-rise-to-the-rural-debt-trap-7542634/ Sonal Ann D’Souza, Sunit Arora write: Inadequate access to affordable credit lies at the heart of rural distress Access to credit is complicated
For flexible energy prices in India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/for-flexible-energy-prices-in-india/articleshow/86590991.cmsSynopsis The way ahead clearly is to subsidise income-poor consumers who cannot afford price rises, rather than deploy administrative fiat in a bid to
Reforms will improve capital allocation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/reforms-will-improve-capital-allocation/articleshow/86622108.cmsSynopsis The extant norms for delisting and takeover require that the acquirer make directionally contradictory share acquisition transactions during mandatory open offer, and then
It’s the government, not RBI, which will decide when to start tapering | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/it-s-the-government-not-rbi-which-will-decide-when-to-start-tapering-121092900092_1.html Experts need to look at things that have a bearing on the forthcoming elections, namely, food price inflation and the output gap, especially
More than unemployment numbers, shrinkage in purchasing power worrying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-more-than-unemployment-numbers-shrinkage-in-purchasing-power-worrying/articleshow/86621294.cmsSynopsis With purchasing power going down significantly, rebooting the consumer-based structure is going to be a difficult task. All these assumptions need serious calculations
Govt extends Emergency Credit Line Guarantee Scheme till March 31, 2022 – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/govt-extends-emergency-credit-line-guarantee-scheme-till-march-31-2022-307995-2021-09-29 Last date of disbursement under the scheme extended to June 30, 2022; the move follows demands raised by entities seeking extension of support
A jobs problem: Labour data in India is lagged and patchy. But supply-demand mismatch is still clear
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/a-jobs-problem-labour-data-in-india-is-lagged-and-patchy-but-supply-demand-mismatch-is-still-clear/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
India’s external debt rises 2.1% to $570 billion | Deccan Herald
Clipped from: https://www.deccanherald.com/national/indias-external-debt-rises-21-to-570-billion-1035561.html External debt to GDP ratio rose marginally to 21.1% from 20.6% as of end-March 2020 Representative image. Credit: iStock Photo India’s external debt
Swaminathan Aiyar on why China’s loss cannot be India’s gain – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/swaminathan-aiyar-on-why-chinas-loss-will-not-be-indias-gain/articleshow/86608938.cmsSECTIONSSwaminathan Aiyar on why China’s loss cannot be India’s gainLast Updated: Sep 29, 2021, 02:03 PM ISTSynopsis “FDI will always be a very small
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
ftp: Industry may find $400 billion exports target a struggle with the FTP extended till March 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/industry-may-find-400-billion-exports-target-a-struggle-with-the-ftp-extended-till-march-2022/articleshow/86580048.cmsSynopsis The FTP is a set of guidelines and instructions by DGFT pertaining to the import and export goods of India. Its aim has
Fiscal gains | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fiscal-gains-121092801526_1.html Higher tax revenue will give more flexibility in pushing expenditure The Union government’s borrowing plan for the second half of this fiscal year
Direct tax receipts: So far, pretty good – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/direct-tax-receipts-so-far-pretty-good/articleshow/86590742.cmsSynopsis The Centre’s gross tax revenue, budgeted at Rs 22 lakh crore for 2021-22, is only about 9.9% of GDP, and less than double
PLI scheme for textiles sector: Only mfg firms registered in India to be eligible for sops – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/pli-scheme-for-textiles-sector-only-mfg-firms-registered-in-india-to-be-eligible-for-sops/article36707327.ece?homepage=true Only one company of a group will be allowed to be registered for PLI for Textiles Only manufacturing companies registered in India will
PLI scheme: Auto component companies hope to pare imports | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-scheme-auto-component-companies-hope-to-pare-imports-121092701377_1.html It would also reduce imports from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in
sanjeev sanyal: India has fiscal resources and monetary space for more government intervention if needed: Sanjeev Sanyal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/india-has-fiscal-resources-and-monetary-space-for-more-government-intervention-if-needed-sanjeev-sanyal/articleshow/86584731.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis India would like to invest in infrastructure rather than transfer money in the hope of reviving the economy, principal economic adviser Sanjeev Sanyal
Households in southern states more indebted than rest of India: Report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/households-in-southern-states-more-indebted-than-rest-of-india-report/articleshow/86583722.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis In 2019, Telangana with 67.2 per cent had the highest proportion of its rural households indebted and Nagaland with 6.6 per cent had
India Exports: India’s agri exports are rising. But its export basket leaves one hungry for more – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-agri-exports-are-rising-but-its-export-basket-leaves-one-hungry-for-more/articleshow/86574099.cms SynopsisThe country has to bring in structural changes to improve the situation in agriculture. High-yielding varieties and superior post-harvest management can make the
Apart from China, consumption is not going down on oil products in near future: MK Surana, CMD, HPCL – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/apart-from-china-consumption-is-not-going-down-on-oil-products-in-near-future-mk-surana-cmd-hpcl/articleshow/86581859.cmsSECTIONSApart from China, consumption is not going down on oil products in near future: MK Surana, CMD, HPCLLast Updated: Sep 28, 2021, 05:25 PM
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