Clipped from: https://www.deccanherald.com/opinion/in-perspective/budget-has-nothing-for-poshan-1079925.html In spite of a pressing need for a big hike, unfortunately, the Union budget 2022-23 did not have anything major to offer for
Category: Economy
Failure to address rural distress | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/in-perspective/failure-to-address-rural-distress-1079113.html The 2022-23 Budget was presented at a time when the third wave of the pandemic had created a renewed set of uncertainties amongst
Frozen by uncertainty: The Hindu Editorial on RBI and its mandate to ensure price stability – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/frozen-by-uncertainty-the-hindu-editorial-on-rbi-and-its-mandate-to-ensure-price-stability/article38409570.ece RBI has forsaken its mandate of ensuring price stability to give an impetus to the economy The Monetary Policy Committee’s decision to leave
Magic (black) with numbers | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/chidambaram-writes-private-sector-sitharaman-modi-government-capital-expenditure-budget-7769748/ P Chidambaram writes: There are good reasons why the private sector is shying away from investment. The foremost reason is lack of demand.
Why has India’s factory output slipped to a 10-month low in December? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/india-factory-output-data-december-explained-7768784/ Industrial output slumped to a 10-month low of 0.4 per cent in December. Why has output fallen? What do the numbers portend? The
Praveen Chakravarty writes: Reducing welfare spending right now is a dangerous gamble–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/reducing-welfare-spending-right-now-is-a-dangerous-gamble-7768370/ Praveen Chakravarty writes: Increased government investment to stimulate economic activity is in principle a sound philosophy. But there are other more prudent ways
India’s employment problem predates Covid. The pandemic has deepened the faultlines | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ The heightened demand for work under MGNREGA, despite large parts of the economy having recovered to their pre-pandemic levels, suggests continuing economic distress.
Ignoring inflation may not be wise | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/ignoring-inflation-may-not-be-wise-1080569.html RBI The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has maintained the status quo on interest rates and retained
The jobs crisis | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-employment-problem-predates-covid-7768433/ India’s employment problem predates Covid. The pandemic has deepened the faultlines The employment crisis in India predates Covid. However, several fault lines have
PLI scheme may generate 6 million jobs in next 5 years: FM Sitharaman | Business Standard News
Clipped from: https://www.business-standard.com/budget/article/pli-scheme-may-generate-6-million-jobs-in-next-5-years-fm-sitharaman-122020100561_1.html Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response The Production-Linked Incentive
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-nirmala-sitharaman-is-right-to-gamble-on-growth-but-she-should-know-its-a-gamble/articleshow/89437360.cms Synopsis All good things must end. Inflation is now rising everywhere (almost 7% in the US). To check prices, the Fed may raise
Little fiscal headroom for govt to respond to future shocks: Fitch | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/little-fiscal-headroom-for-govt-to-respond-to-future-shocks-fitch-122020701306_1.html Rating agency says it revised Outlook on India’s rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic
No more liquidity support: Advice from Raghuram Rajan and Viral Acharya | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/raghuram-rajan-and-viral-acharya-say-enough-no-more-liquidity-support-122020700283_1.html Their paper makes the point that creation of huge amounts of money by a central bank need not necessarily galvanise output. The Monetary
RBI MPC may fast track monetary policy normalisation as US Fed rate hike looms and bond yields jump – The Financial Express
Clipped from: https://www.financialexpress.com/economy/rbi-mpc-may-fast-track-monetary-policy-normalisation-as-us-fed-rate-hike-looms-and-bond-yields-jump/2429170/ RBI Governor Shaktikanta Das is expected to make monetary policy statement on February 10 at 10 AM. So far, RBI has taken an
Capex push to spur both demand and supply: Principal economic advisor Sanjeev Sanyal – The Financial Express
Clipped from: https://www.financialexpress.com/budget/capex-push-to-spur-both-demand-and-supply-principal-economic-advisor-sanjeev-sanyal/2428972/ The government, however, has admittedly been more conservative in its approach in the Budget and predicted nominal growth of just 11.1% in FY23.
Govt prepared to deal with any global development: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/govt-prepared-to-deal-with-any-global-development-fm-nirmala-sitharaman/article64969753.ece File photo of Nirmala Sitharaman,Minister of Finance and Corporate Affairs in New Delhi | Photo Credit: KAMAL NARANG FM Nirmala Sitharaman exuded confidence
Direct Benefit Transfer (DBT) and the benefits it has delivered – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-direct-benefit-transfer-dbt-and-the-benefits-it-has-delivered/article64959153.ece Since April 1, 2021, over Rs 4.53 lakh crore in cash and kind has been provided under DBT through 455 crore transactions What
RBI Policy Review: Inflation may take spotlight, but growth war still on – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/rbi-policy-review-inflation-may-take-spotlight-but-growth-war-still-on/articleshow/89407865.cms Synopsis An ET poll comprising 22 respondents predicts that at its three day policy review ending Thursday, the RBI’s Monetary Policy Committee will
A slippery scene on the oil front – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/a-slippery-scene-on-the-oil-front/articleshow/89413619.cms Synopsis Energy prices have been feeding inflation in advanced economies, the central bankers of which have begun to tighten interest rates even as
Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22 | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/low-rural-offtake-weighs-as-fmcg-volumes-shrink-nearly-2-in-q3fy22-122020801911_1.html Value growth still higher due to price hikes Fast-moving consumer goods or FMCG companies have seen demand, especially from rural areas, take a hit thereby pulling
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