lipped from: https://www.financialexpress.com/industry/banking-finance/how-financial-inclusion-is-playing-a-vital-role-in-the-banking-sector/2381964/ Financial inclusion is about delivering banking services to all sections of society. Primarily, it’s enabling to reduce the economic gap between the rich
Category: Economy
Cash is dying, but we aren’t ready to bury it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/view-cash-is-dying-but-we-arent-ready-to-bury-it/articleshow/88157151.cmsSynopsis If all the money in circulation is private, controlled by e-commerce and social media platforms, authorities won’t be able to protect consumers from
The turn of the Centre | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-turn-of-the-centre-121120701468_1.html The Centre should maintain the current year’s fiscal consolidation pace to give states more time to adjust Union Finance Minister Nirmala Sitharaman will
India’s labour market distress | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/india-s-labour-market-distress-121120701456_1.html Implications for growth story will be severe While the effects of the two most devastating waves of the Covid-19 pandemic in India recede
exports: India’s exports are booming, but is the euphoria temporary? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-exports-are-booming-but-is-the-euphoria-temporary/articleshow/88135549.cms SynopsisIndia’s exports were stuck in the $300-$350-billion range for almost a decade. FY22 seems to have changed that, with the $400-billion target being
The supply chain hurdle in India’s recovery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-supply-chain-hurdle-in-indias-recovery/article37872475.ece The country must do more to build resilience in its supply chains, in order to protect its key manufacturing sectors In recent months,
GDP: Growth is real, but challenges abound – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/growth-is-real-but-challenges-abound/2383046/ For the first half of FY22, the absolute real GDP is still lower than in the first half of FY21. Growth remains inequitable;
E-way bill generation drops to lowest in 5 months in November – The Financial Express
lipped from: https://www.financialexpress.com/economy/november-e-way-bills-lowest-in-five-months/2383349/ The daily e-way generation was 20.38 lakh in November, down 14% on month compared with 23.71 lakh in October. However, the daily e-way
Proposal to create bad bank for farm loans raises several issues that need careful deliberation
Clipped from: https://indianexpress.com/article/opinion/editorials/indian-banks-association-bad-loans-agricultural-sector-7659784/ 🔴 There are better ways to help farmers. Ensuring timely access to credit on more favourable terms for one. But the broader policy
Employment data disappoints in November | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/employment-data-disappoints-in-november-121120601138_1.html According to World Bank’s modelled ILO estimates, only 17 countries are worse than India on LPR Headline data on employment in November 2021
Stay the course | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/stay-the-course-121120500977_1.html RBI should not stop the normalisation process The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to keep the policy
RBI likely to hike reverse repo by 20 bps despite uncertainty on Omicron | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-likely-to-hike-reverse-repo-by-20-bps-despite-uncertainty-on-omicron-121120500949_1.html If Omicron becomes a major issue, risks to India’s inflation will likely rise further Reserve Bank of India Despite uncertainty related to the
Services sector credit growth still slow despite Covid relaxations | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/services-sector-credit-growth-still-slow-despite-covid-relaxations-121120600014_1.html Broad-based credit expansion is expected over the next two to three quarters Illustration: Ajay Mohanty Bank credit to the services sector has remained in the slow
PLI for textiles: Centre mulls flexible timelines – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pli-for-textiles-centre-mulls-flexible-timelines/article37854876.ece?homepage=true The PLI scheme has a budgetary outlay of ₹10,683 crore – The Hindu The PLI scheme has a budgetary outlay of ₹10,683 crore
Crude prices down but retail prices of fuels remain high – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/crude-prices-down-but-retail-prices-of-fuels-remain-high/article37857689.ece The reprieve consumers have got is from cuts in Central, State levies Petrol/diesel consumers are yet to get the benefit of easing international
Monetary policy: Status quo on rates and stance likely | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/monetary-policy-status-quo-on-rates-and-stance-likely-121120500870_1.html The economy is recovering fast but nobody knows yet how serious the Omicron threat is. The RBI can afford to err on the
From Plate to Plough: Harvesting solar to breathe easy – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/from-plate-to-plough-harvesting-solar-to-breathe-easy/2382496/ Pushing the northern states’ farmers away from rice and incentivising solar power generation as an ‘alternative crop’ can help clean up Delhi’s air
Oil’s not well with domestic production – The Financial Express
lipped from: https://www.financialexpress.com/opinion/oils-not-well-with-domestic-production/2382504/ With elevated global oil prices, stepping up domestic production must be prioritised at all costs To reduce vulnerability to high and volatile global
Reverse repo status quo needed to give more time for economic recovery to strengthen: Report – The Financial Express
Clipped from: https://www.financialexpress.com/economy/reverse-repo-status-quo-needed-to-give-more-time-for-economic-recovery-to-strengthen-report/2382357/ The Reserve Bank of India (RBI) has been sucking out excess liquidity through other measures so far, which has resulted in liquidity surplus
Outgoing CEA on crypto laws, covid collaterals and the big farm U-turn – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/outgoing-cea-on-crypto-laws-covid-collaterals-and-the-big-farm-u-turn/articleshow/88110492.cms SynopsisChief economic advisor Krishnamurthy Subramanian does not see the repeal of the farm laws as a setback to the government’s reforms agenda. In
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