Clipped from: https://www.business-standard.com/article/opinion/barking-up-the-wrong-tree-120102001572_1.html Strengthening the revenue forecasting system will yield better results than fixing deficit targets within a range Recent media reports suggest that the Union
Category: Economy
Agricultural reform: What to make of the new farm Bills – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/agricultural-reform-what-to-make-of-the-new-farm-bills/2109482/ Farmers are being asked to accept possibly significant new income risks, without any alternative risk management policies, in exchange for an untested promise
Covid impact on businesses: Businesses braced for the catastrophic impact of COVID-19. The blow may have been milder – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/businesses-braced-for-the-catastrophic-impact-of-covid-19-the-blow-may-have-been-milder/articleshow/78761415.cms SynopsisIt was believed that smaller companies cannot absorb the economic impact of COVID-19 and many would simply shut shop. Six months later, it
MSP: Government procures 98.19 lakh ton paddy at MSP for Rs 18,540 crore – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/government-procures-98-19-lakh-ton-paddy-at-msp-for-rs-18540-crore/articleshow/78771533.cmsSynopsis The sanctions for procurement of 1.23 lakh tonnes of copra for the states of Andhra Pradesh, Karnataka, Tamil Nadu and Kerala were also
Manish Tewari | How farm laws might hurt national security–deccan chronicle
Clipped from: https://www.deccanchronicle.com/opinion/columnists/121020/manish-tewari-how-farm-laws-might-hurt-national-security.html Farmers light candles in support of the Haryana farmers organisations as they announced to protests against three farm laws on the outskirts of Amritsar.
Bangladesh to overtake India? PR can’t fix all our problems–Deccan Chronicle
Clipped from: https://www.deccanchronicle.com/opinion/columnists/201020/bangladesh-to-overtake-india-pr-cant-fix-all-our-problems.html Prime Minister Narendra Modi (Right) with his Bangladeshi counterpart Sheikh Hasina. (PTI) Complex problems require many minds. Leadership is important but mostly in terms
Economic policy needs to address those who have seen the greatest distress during lockdown | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/indian-economy-modi-govt-policy-coronavirus-lockdown-6792445/ The urban poor is still finding it difficult to return to work. Targeting social safety nets towards them is necessary as the economy
Indian economy will be back on track next year: Rashesh Shah – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indian-economy-will-be-back-on-track-next-year-rashesh-shah/article32891204.ece Rashesh Shah, Founder, Chairman and CEO, Edelweiss Group – PAUL NORONHA Rashesh Shah, Founder, Chairman and CEO, Edelweiss Group – PAUL NORONHA× Next
Duty-remission scheme for exports to start with 3 sectors – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/panel-to-fix-rates-for-three-sectors-first/article32894881.ece?homepage=true Focus on readymade garments, iron and steel, automobiles and components The new Remission of Duties or Taxes on Export Products (RoDTEP) scheme for
Centre nudges 2,800 large corporates to clear dues of MSMEs by Oct-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/centre-nudges-2800-large-corporates-to-clear-dues-of-msmes-by-oct-end/article32894879.ece?homepage=true Encouraged by the strong response from the top 500 companies to its earlier entreaty to clear dues of MSMEs, the Ministry of Micro,
Assessing hit on economy, will share GDP estimate in time: FM – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/assessing-hit-on-economy-will-share-gdp-estimate-in-time-fm/article32895474.ece ‘Policy soon to identify sectors where PSEs are needed’ The government has just begun its own assessment of India’s growth prospects for this
More than half of farmers oppose farm laws: survey – The Hindu
Clipped from: https://www.thehindu.com/news/national/more-than-half-of-farmers-oppose-farm-laws-survey/article32895144.ece?homepage=true Almost 40% fear new laws will end state-run markets More than half of Indian farmers oppose the three farm reform laws passed by
The dark side of low interest rates | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-dark-side-of-low-interest-rates-120101901603_1.html While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial
Fix a sunset date | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/fix-a-sunset-date-120101901563_1.html Open-ended tariff protection will affect competitiveness The government has been increasing import tariffs and other barriers in recent years to protect Indian industry. The idea
GDP growth will fix debt, so spend now – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/india-needs-to-spend-a-lot-more-if-it-wants-to-fix-the-permanent-damage-to-the-economy/2108607/ But even if the deficit increases by 7% of GDP this year while trend nominal GDP settles at 10%, debt/GDP stabilises around 90%
Sellers from smaller cities driving festive sales: Snapdeal – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/sellers-from-smaller-cities-driving-festive-sales-snapdeal/articleshow/78745206.cmsSynopsis Ahead of Diwali, Snapdeal had opened 25 logistics centres to serve the surge in orders. This is now helping move the Diwali orders
Business index at post-lockdown high but beware of ‘faux recovery’: Nomura – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/business-index-at-post-lockdown-high-but-beware-of-faux-recovery-nomura/articleshow/78748531.cmsSynopsis Nomura attributed “much of this improvement” to a sharp rise in Google workplace mobility (by around 5pp from the previous week), as well
India must not neglect bank recapitalisation despite pandemic, says Viral Acharya – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/india-must-not-neglect-bank-recapitalisation-despite-pandemic-says-viral-acharya/articleshow/78748878.cmsSynopsis “If the government doesn’t wish to recapitalise banks in a timely manner, then it must ensure that the contours of debt moratoria and
GST–Bridge the gap | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/bridge-the-gap-120101800943_1.html Centre’s decision to borrow doesn’t fully address the GST issue The Union government’s decision to borrow and on-lend to the states to cover
Single-window clearance expected to start in April with 20 states on board | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/single-window-clearance-to-start-in-april-govt-expects-20-states-on-board-120101900023_1.html At least half a dozen foreign investors are said to be in talks with the government for this mechanism The exercise is part
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