Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/monetary-policy-runs-out-of-steam/articleshow/83244066.cmsSynopsis The government should understand that it is the prime mover. RBI’s liquidity measures, expansive and innovative as they have been, have only served
Category: Economy
Inflation: Need to focus on both supply and demand for growth without inflation: KV Subramanian, CEA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/need-to-focus-on-both-supply-and-demand-for-growth-without-inflation-kv-subramanian-cea/articleshow/83249359.cmsSynopsis Chief economic advisor KV Subramanian says there were signs of a pickup in economic activity and the recovery should gather pace by the
RBI monetary policy: Pursuing growth in times of high inflation | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/rbi-monetary-policy-pursuing-growth-in-times-of-high-inflation-121060500031_1.html The RBI officials stated the MPC believes that inflation is ‘not persistent’ and that there is ‘no thinking’ about policy normalisation Unlike the
Do not politicise GST Council: Finance Minister Nirmala Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/do-not-politicise-gst-council-finance-minister-nirmala-sitharaman-121060500003_1.html The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with
A monetary policy of continuity with change | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/a-monetary-policy-of-continuity-with-change-121060401404_1.html This time, RBI’s rate-setting body is not only talking about sustaining growth but also reviving it The no-action, status-quo monetary policy of the Reserve Bank of
MPC cuts real GDP projection by 100 basis points to 9.5% for FY22 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/mpc-cuts-real-gdp-projection-by-100-basis-points-to-95-for-fy22/article34723638.ece?homepage=true High international commodity prices, logistics costs prompts RBI to up its projection for CPI inflation The Monetary Policy Committee (MPC) has cut its
Central bank’s helping hand with liquidity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/central-banks-helping-hand-with-liquidity/article34730010.ece?homepage=true Opening up the restructuring window to exposures up to ₹50 crore will help a number of self-employed businesses The Monetary Policy Committee (MPC)
Difficult balance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/difficult-balance/article34729915.ece?homepage=true An accommodative policy is inevitable, but the RBI has to be wary of the inflation monster The Monetary Policy Committee’s decision to maintain
RBI doubles exposure threshold to ₹50 crore – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-increases-exposure-threshold-for-resolution-framework-20/article34723859.ece?homepage=true Move to help MSMEs, small businesses, personal loan borrowers tide over the pandemic To expand the coverage of the Resolution Framework 2.0, the
Three questions that answer what’s next for the economy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/three-questions-that-answer-whats-next-for-the-economy/article34726504.ece?homepage=true An insight into the cost of lockdowns, how long drag to growth continue, and what next after the second wave. To use a
Major global, local players ‘keen on ₹12,195-cr telecom PLI scheme’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/major-global-local-players-keen-on-12195-cr-telecom-pli-scheme/article34730115.ece?homepage=true The scheme is open to both MSMEs and non-MSME companies After the Production-Linked Incentive scheme for large-scale electronics manufacturing (mobile phones) last year,
RBI opens ₹31,000-cr tap for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-opens-liquidity-tap-for-banks-to-lend-to-contact-intensive-sectors/article34723941.ece?homepage=true Aid mainly for contact-intensive sectors; leaves repo rate unchanged; trims FY22 GDP growth forecast to 9.5% Even as it left the policy repo
P Chidambaram’s 5-point guide for Modi govt on how to fix Covid-battered economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/p-chidambarams-5-point-guide-for-modi-govt-on-how-to-fix-covid-battered-economy/articleshow/83215411.cmsSynopsis he unemployment rate that was 5.48% in June 2018 has once again spiked to 11.86%. The Labour Force Participation Rate has fallen from
The puzzle of the surge in currency-in-circulation – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-puzzle-of-the-surge-in-currency-in-circulation/2264691/ We are perhaps looking at a scenario where high unemployment and high inflation coexist, like in the 1970s There may also be cases
National floor wages: Govt sets up another panel, gives it 3 years – The Financial Express
lipped from: https://www.financialexpress.com/industry/national-floor-wages-govt-sets-up-another-panel-gives-it-3-years/2264592/ The wage code also empowers the central government to fix national floor level minimum wages (NFLMW), below which no state can set their
Rural India driving Internet user base, says report; cheaper data plans and devices fuelling growth – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/rural-india-driving-internet-user-base-report-cheaper-data-plans-and-devices-fuelling-growth/2264706/ Vernacular, voice and video are projected to emerge as major game-changers for the digital ecosystem over the next few years. This, analysts say,
Simplify the Tax: Put more cash in taxpayers’ hands – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/simplify-the-tax-put-more-cash-in-taxpayers-hands/2264740/ The government should increase the Section 80G deduction limit from 10% to 30% for this year The government should consider doubling the limits
Structural weakness | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/structural-weakness-121060301490_1.html India needs to overhaul the tax system Tax collection recovered swiftly towards the end of the last fiscal year with a pickup in economic
The farm factor | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-farm-factor-121060301520_1.html Agri sector did quite well in a pandemic year While growth in most sectors of the economy seems set to succumb under pressure
Extended lifeline – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/extended-lifeline/article34719958.ece ECLGS is a useful lifeline to stressed borrowers, but its expanding scope calls for checks and balances As the Centre weighs the need
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