29 May - 04 June, 2021

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Weekly Updates on the Indian Economy

(29/05/2021 to 04/06/2021)

  1. National Accounts and State of the Economy

 

  1. Sliding Covid curve, rising market

https://www.thehindubusinessline.com/markets/stock-markets/sliding-covid-curve-rising-market/article34670372.ece

 

  1. India’s proposal to exempt low-income fishers from subsidy cut gains support at WTO

https://www.thehindubusinessline.com/economy/policy/indias-proposal-for-exempting-low-income-fishers-from-subsidy-cuts-at-wto-gaining-weight/article34667091.ece

 

  1. 11.8 crore school students to be paid cooking cost of mid-day meal

https://www.thehindubusinessline.com/news/education/centre-to-pay-118-cr-school-students-cost-of-mid-day-meal/article34666736.ece

 

  1. Economy showing symptoms of stagflation

https://www.thehindubusinessline.com/opinion/economy-showing-symptoms-of-stagflation/article34683323.ece

 

  1. After surprise 1.6% growth in Q4, Govt feels 2nd wave manageable

https://www.thehindubusinessline.com/economy/after-surprise-16-growth-in-q4-govt-feels-2nd-wave-manageable/article34692523.ece

 

  1. Is Centre’s vaccine allocation to States equitable?

https://www.thehindubusinessline.com/news/national/is-centres-vaccine-allocation-to-states-equitable/article34692374.ece

 

  1. Covid second wave will have a less severe impact on corporates: Fitch Ratings

https://www.thehindubusinessline.com/economy/covid-second-wave-will-have-a-less-severe-impact-on-corporates-fitch-ratings/article34690663.ece

 

  1. At 9.3%, FY21 fiscal deficit down from RE of 9.5%

https://www.thehindubusinessline.com/economy/at-93-fy21-fiscal-deficit-down-from-re-of-95/article34690923.ece

 

  1. Macro surveys indicate a hit in consumer and business confidence, but the worst may be over

https://www.thehindubusinessline.com/economy/macro-surveys-indicate-a-hit-in-consumer-and-business-confidence-but-the-worst-may-be-over/article34710695.ece

 

  1. 147 projects under Namami Gange completed

https://www.thehindubusinessline.com/economy/147-projects-under-namami-gange-completed/article34718407.ece

 

  1. India's economy likely accelerated in Jan-Mar, before Covid-19 wave: Poll

https://www.business-standard.com/article/economy-policy/india-s-economy-likely-accelerated-in-jan-mar-before-covid-19-wave-poll-121053100066_1.html

 

  1. India economy seen growing at world's quickest rate despite Covid outbreak

https://www.business-standard.com/article/economy-policy/indian-economy-faces-resilience-test-amid-risks-from-virus-121053100064_1.html

 

  1. 97% Indians poorer post-Covid; steady fall in salaried jobs: Mahesh Vyas

https://www.business-standard.com/article/economy-policy/cmie-ceo-says-97-indians-poorer-post-covid-steady-fall-in-salaried-jobs-121052900142_1.html

 

  1. GDP growth number: A pleasant surprise, but will it help in FY22?

https://www.business-standard.com/article/economy-policy/gdp-growth-number-a-pleasant-surprise-but-will-it-help-in-fy22-121053101050_1.html

 

  1. India's average daily electricity use in May fell 10.4% from April

https://www.business-standard.com/article/economy-policy/india-s-average-daily-electricity-use-in-may-fell-10-4-from-april-121060100362_1.html

 

  1. Second Covid-19 wave: OECD cuts India growth forecast to 9.9% for FY22

https://www.business-standard.com/article/economy-policy/second-covid-19-wave-oecd-cuts-india-growth-forecast-to-9-9-for-fy22-121060100006_1.html

 

  1. India must not chase dream of another V-shaped recovery in Covid carnage

https://www.business-standard.com/article/economy-policy/don-t-expect-the-same-v-shaped-economic-recovery-andy-mukherjee-121060100495_1.html

 

  1. Covid: FICCI suggests graded approach to unlock eco activities

https://www.business-standard.com/article/economy-policy/covid-ficci-suggests-graded-approach-to-unlock-eco-activities-121060200834_1.html

 

  1. SBI cuts FY22 GDP growth estimate to 7.9%; recovery to be 'W-shaped'

https://www.business-standard.com/article/economy-policy/sbi-cuts-fy22-gdp-growth-estimate-to-7-9-recovery-to-be-w-shaped-121060200021_1.html

 

  1. Second Covid wave threatens India's long-term credit rating, warns Moody's

https://www.business-standard.com/article/economy-policy/second-covid-wave-threatens-india-s-long-term-credit-rating-warns-moody-s-121060101026_1.html

 

  1. Onus of recovery on govt; expect over 9.5% growth in FY22: Economist

https://www.business-standard.com/article/economy-policy/onus-of-recovery-on-govt-expect-over-9-5-growth-in-fy22-economist-121060300960_1.html

 

  1. Expect over 9.5% GDP growth in FY22: Axis Bank's chief economist

https://www.business-standard.com/article/economy-policy/expect-over-9-5-gdp-growth-in-fy22-axis-bank-s-chief-economist-121060301638_1.html

 

  1. CEA K V Subramanian expects green shoots ahead of festive season

https://www.business-standard.com/article/economy-policy/cea-k-v-subramanian-expects-green-shoots-ahead-of-festive-season-121060400040_1.html

 

  1. Now is the time to move forward, re-open economy: Karnataka chief secy

https://www.business-standard.com/article/economy-policy/now-is-the-time-to-move-forward-re-open-economy-karnataka-chief-secy-121060201165_1.html

 

  1. Fuel sales plunge to lowest in year in India as states lock down for Covid

https://www.business-standard.com/article/economy-policy/fuel-sales-plunge-to-lowest-in-year-in-india-as-states-lock-down-for-covid-121060200153_1.html

 

  1. Moody's Investors Service pegs India's GDP growth at 9.3% in FY22

https://www.business-standard.com/article/economy-policy/moody-s-investors-service-pegs-india-s-gdp-growth-at-9-3-in-fy22-121060100341_1.html

 

  1. India's unemployment rate at one year high in May; shoots up to 11.9% against 7.97% in April: CMIE

https://economictimes.indiatimes.com/news/economy/indicators/indias-unemployment-rate-at-one-year-high-in-may-shoots-up-to-11-9-against-7-97-in-april-cmie/articleshow/83198105.cms

 

  1. Coronavirus disaster leaves deep scars on India's economy

https://economictimes.indiatimes.com/news/economy/indicators/coronavirus-disaster-leaves-deep-scars-on-indias-economy/articleshow/83174757.cms

 

  1. If uncertainty persists, second wave may do more damage than first: Pronab Sen

https://economictimes.indiatimes.com/news/economy/indicators/if-uncertainty-persists-second-wave-may-do-more-damage-than-first-pronab-sen/articleshow/83165669.cms

 

  1. Experts pare FY22 growth estimates as pandemic spreads in rural India

https://economictimes.indiatimes.com/news/economy/indicators/experts-pare-fy22-growth-estimates/articleshow/83158862.cms

 

  1. Government forms expert group to provide recommendations on fixation of minimum wages

https://economictimes.indiatimes.com/news/economy/policy/government-forms-expert-group-to-provide-recommendations-on-fixation-of-minimum-wages/articleshow/83200346.cms

 

  1. FICCI suggests graded approach to unlock economic activities

https://economictimes.indiatimes.com/news/economy/policy/ficci-suggests-graded-approach-to-unlock-economic-activities/articleshow/83172412.cms

 

  1. Third Covid-19 wave could be as severe as second one, vaccination key to reduce deaths: SBI report

https://scroll.in/latest/996500/third-covid-19-wave-could-be-as-severe-as-second-one-vaccination-key-to-reduce-deaths-sbi-report

 

  1. Will jobs go back to being the way they were when Indian firms recover after the Covid-19 pandemic?

https://scroll.in/article/996255/will-jobs-go-back-to-being-the-way-they-were-when-indian-firms-recover-after-the-covid-19-pandemic

 

  1. India's Large Informal Workforce Must Be Prioritised in Our COVID-19 Vaccine Strategy

https://thewire.in/rights/our-large-informal-workforce-must-be-prioritised-in-our-covid-19-vaccine-strategy

 

  1. How Do Unemployment Benefits in India Fare Against Those in Other Countries?

https://thewire.in/labour/unemployment-insurance-india-us-uk-covid-19-pandemic

 

  1. Will China's New Population Policy Achieve Its Intended Effect?

https://thewire.in/economy/will-chinas-new-population-policy-achieve-its-intended-effect

 

  1. India’s GDP may not have shrunk so badly last year, but don’t expect good news after 2nd wave

https://theprint.in/economy/indias-gdp-could-shrink-less-than-expected-in-fy21-but-this-isnt-good-news-for-fy22/667558/

 

  1. Indian women are suffering more than men during the pandemic, data shows

https://theprint.in/economy/indian-women-are-suffering-more-than-men-during-the-pandemic-data-shows/667760/

 

  1. The myth of a K-shaped recovery

https://www.livemint.com/opinion/columns/indias-economic-situation-and-the-myth-of-a-k-shaped-recovery-11622736002638.html

 

  1. An uneven economic recovery requires us to focus on demand

https://www.livemint.com/opinion/columns/an-uneven-economic-recovery-requires-us-to-focus-on-demand-11622565062534.html

 

  1. Breaking the cycle of child labour is in India’s hands

https://www.thehindu.com/todays-paper/tp-opinion/breaking-the-cycle-of-child-labour-is-in-indias-hands/article34703370.ece

 

  1. Public Finance

 

  1. As Covid second wave rages, people hold more cash, spend less

https://www.thehindubusinessline.com/data-stories/data-focus/as-covid-second-wave-rages-people-hold-more-cash-spend-less/article34669698.ece

 

  1. At 9.3%, FY21 fiscal deficit down from RE of 9.5%

https://www.thehindubusinessline.com/economy/at-93-fy21-fiscal-deficit-down-from-re-of-95/article34690923.ece

 

  1. Let the Budget go down to people before talking about stimulus: Sitharaman

https://www.business-standard.com/article/economy-policy/let-the-budget-go-down-to-people-before-talking-about-stimulus-sitharaman-121053100129_1.html

 

  1. Stimulus package should be broad-based, like Budget: NITI Aayog chief

https://www.business-standard.com/article/economy-policy/stimulus-package-should-be-broad-based-like-budget-niti-aayog-chief-121053000658_1.html

 

  1. Govt should heed to advice of economists, increase spending: Congress

https://www.business-standard.com/article/economy-policy/govt-should-heed-to-advice-of-economists-increase-spending-congress-121060100777_1.html

 

  1. Financial inclusion a top priority for govt, says Union Minister Thakur

https://www.business-standard.com/article/economy-policy/financial-inclusion-a-top-priority-for-govt-says-union-minister-thakur-121060301548_1.html

 

  1. J&K suffers Rs 10,000 crore business losses due to COVID lockdown this year

https://economictimes.indiatimes.com/news/economy/finance/jk-suffers-rs-10000-crore-business-losses-due-to-covid-lockdown-this-year/articleshow/83196605.cms

 

  1. High government cash balance likely to limit additional borrowing

https://economictimes.indiatimes.com/news/economy/policy/high-government-cash-balance-likely-to-limit-additional-borrowing/articleshow/83119486.cms

 

  1. Relief Package for COVID Orphans Includes Rs 10 Lakh Corpus, Help With Education

https://thewire.in/government/relief-package-for-covid-orphans-includes-rs-10-lakh-corpus-help-with-education

 

  1. Will Indians go out and spend after second wave? The question economic recovery depends on

https://theprint.in/economy/will-indians-go-out-and-spend-after-second-wave-the-question-economic-recovery-depends-on/668518/

 

  1. India’s higher fiscal burden can be shouldered by companies, investors

https://www.livemint.com/opinion/columns/who-is-better-placed-to-finance-india-s-higher-fiscal-spending-11622478297103.html

 

  1. Adverse changes, federalism imperilled

https://www.thehindu.com/todays-paper/tp-opinion/adverse-changes-federalism-imperilled/article34712348.ece

Taxation

  1. Group of FMs to decide on rate revision on Covid items by June 8

https://www.thehindubusinessline.com/economy/policy/group-of-fms-to-decide-on-rate-revision-on-covid-items-by-june-8/article34670756.ece

 

  1. 8-member GoM to look at GST sops for Covid items

https://www.thehindubusinessline.com/economy/meghalaya-cm-sangma-led-gom-to-look-into-need-of-concessionexemption-from-gst-on-covid-relief-materials/article34678317.ece

 

  1. GST Council refers composition scheme for ice cream makers back to Fitment Committee

https://www.thehindubusinessline.com/economy/policy/gst-council-refers-composition-scheme-for-ice-cream-makers-back-to-fitment-committee/article34683284.ece

 

  1. Amendment in GST law notified for levying interest on net cash liability

https://www.thehindubusinessline.com/economy/finance-ministry-notifies-amendment-in-gst-law-for-levying-interest-on-net-cash-liabilty-wef-july-1-2017/article34707667.ece

 

  1. GST Council’s decision-making process cannot be circumvented: Badal tells FM

https://www.thehindubusinessline.com/economy/gst-councils-decision-making-process-cannot-be-circumvented-badal-to-fm/article34709738.ece

 

  1. GoM may refer issue of taxation of vaccine back to the GST Council

https://www.thehindubusinessline.com/economy/gom-may-refer-issue-of-taxation-of-vaccine-back-to-the-gst-council/article34720909.ece

 

  1. Excise duty mop-up up by 62% in FY21, highest during Modi regime

https://www.thehindubusinessline.com/economy/excise-duty-mop-up-up-by-62-in-fy21-highest-during-modi-regime/article34719631.ece

 

  1. GST compensation: Oppn-ruled states claim Rs 55,000-cr underestimation

https://www.business-standard.com/article/economy-policy/gst-compensation-oppn-ruled-states-claim-rs-55-000-cr-underestimation-121053000952_1.html

 

  1. GST was notified with horrendous rates of tax: Congress leader Chidambaram

https://www.business-standard.com/article/economy-policy/gst-was-notified-with-horrendous-rates-of-tax-congress-leader-chidambaram-121060200360_1.html

 

  1. Centre's indirect tax share in GDP rises in FY21 after four years

https://www.business-standard.com/article/economy-policy/centre-s-indirect-tax-share-in-gdp-rises-in-fy21-after-four-years-121060200036_1.html

 

  1. Divergence in revenue estimates due to early Budget or lack of discipline?

https://www.business-standard.com/article/economy-policy/divergence-in-revenue-estimates-due-to-early-budget-or-lack-of-discipline-121060300519_1.html

 

  1. GST: Monthly return filing deadline extended till June 26

https://economictimes.indiatimes.com/news/economy/policy/monthly-gst-return-filing-deadline-extended-till-june-26/articleshow/83113690.cms

 

  1. CSR spends on Covid may land companies in a tax tangle

https://economictimes.indiatimes.com/news/economy/policy/csr-spends-on-covid-may-land-companies-in-a-tax-tangle/articleshow/83193855.cms

 

 

 

  1. Banking and Monetary policy

 

  1. Private banks increased share in deposits, credit at the cost of PSBs in FY21: RBI

https://www.thehindubusinessline.com/money-and-banking/private-sector-banks-increased-share-in-deposits-credit-at-the-cost-of-psbs-in-fy21-rbi/article34669897.ece

 

  1. Banks warn customers against cryptocurrency transactions

https://www.thehindubusinessline.com/money-and-banking/rbi-asks-banks-not-to-cite-its-2018-cryptocurrency-circular/article34692382.ece

 

  1. Banks can lend about ₹46,000 cr to MSMEs, civil aviation sector

https://www.thehindubusinessline.com/money-and-banking/banks-can-lend-about-46000-crore-to-msmes-civil-aviation-sector/article34683172.ece

 

  1. How RBI managed to boost its surpluses

https://www.thehindubusinessline.com/opinion/how-rbi-managed-to-boost-its-surpluses/article34691702.ece

 

  1. Central banks may taper stimulus soon

https://www.thehindubusinessline.com/opinion/columns/central-banks-may-taper-stimulus-soon/article34710207.ece

 

  1. Monetary policy must remain accommodative

https://www.thehindubusinessline.com/opinion/monetary-policy-must-remain-accommodative/article34710357.ece

 

  1. Credit to MSMEs, agriculture rises; personal loans register 12.6% growth

https://www.business-standard.com/article/economy-policy/credit-to-msmes-agriculture-rises-personal-loans-register-12-6-growth-121060100008_1.html

 

  1. RBI's MPC begins deliberations amid expectations of status quo in key rate

https://www.business-standard.com/article/economy-policy/rbi-s-mpc-begins-deliberations-amid-expectations-of-status-quo-in-key-rate-121060200680_1.html

 

  1. Covid-19 pandemic: Banks' credit costs may rise to 2.4%, says S&P

https://www.business-standard.com/article/economy-policy/covid-19-pandemic-banks-credit-costs-may-rise-to-2-4-says-s-p-121060300024_1.html

 

  1. RBI monetary policy: Bond market expects minimum Rs 1 trn of G-SAP in Q2

https://www.business-standard.com/article/economy-policy/rbi-monetary-policy-bond-market-expects-minimum-rs-1-trn-of-g-sap-in-q2-121060301628_1.html

 

  1. Non-food bank credit grows at 5.7 pc in April: RBI data

https://economictimes.indiatimes.com/news/economy/finance/non-food-bank-credit-grows-at-5-7-pc-in-april-rbi-data/articleshow/83116796.cms

 

  1. Rs 3 lakh crore loan guarantee scheme expanded to help businesses recover from second Covid shock

https://economictimes.indiatimes.com/news/economy/finance/rs-3-lakh-crore-loan-guarantee-scheme-expanded-to-help-small-businesses-recover-from-second-covid-shock/articleshow/83083049.cms

 

  1. Niti Aayog submits names of PSU banks to be privatised

https://economictimes.indiatimes.com/news/economy/policy/niti-aayog-submits-names-of-psu-banks-to-be-privatised-to-core-group-of-secretaries-on-disinvestment/articleshow/83202140.cms

 

  1. RBI policy boost, separate liquidity window for hotels, transport, tourism

https://economictimes.indiatimes.com/news/economy/policy/rbi-policy-boost-separate-liquidity-window-for-hotels-transport-tourism/articleshow/83227822.cms

 

  1. World’s largest crypto exchanges are investing in India despite its unclear policy

https://scroll.in/article/996037/worlds-largest-crypto-exchanges-are-investing-in-india-despite-its-unclear-policy

 

  1. Games People Play: The Many Uses of the RBI’s Dividend to the Government

https://thewire.in/banking/rbi-government-of-india-dividend-2021

 

  1. RBI’s money printing is flogging the same dead idea

https://www.livemint.com/opinion/online-views/rbis-money-printing-is-flogging-the-same-dead-idea-11622799895463.html

 

  1. The RBI will do whatever it takes to revive growth

https://www.livemint.com/opinion/columns/the-rbi-will-do-whatever-it-takes-to-revive-growth-11622488282085.html

 

  1. RBI must lean on forbearance in the absence of rate space

https://www.livemint.com/opinion/columns/rbi-must-lean-on-forbearance-in-the-absence-of-rate-space-11622478808207.html

 

  1. External Sector

 

  1. WTO Goods Trade Barometer indicates strong growth in first two quarters of 2021

https://www.thehindubusinessline.com/economy/policy/wto-goods-trade-barometer-indicates-strong-growth-in-first-two-quarters-of-2021/article34669020.ece

 

  1. Led by jewellery and petroleum sectors, exports in May rise 67%

https://www.thehindubusinessline.com/economy/led-by-jewellery-and-petroleum-sectors-exports-in-may-rise-67/article34710627.ece

 

  1. FDI in computer software, hardware jumps threefold to $26.14 bn: DPIIT data

https://www.business-standard.com/article/economy-policy/fdi-in-computer-software-hardware-jumps-threefold-to-26-14-bn-dpiit-data-121053000467_1.html

 

  1. EAM Jaishankar, US business leaders discuss investment, creating more jobs

https://www.business-standard.com/article/economy-policy/eam-jaishankar-us-business-leaders-discuss-investment-creating-more-jobs-121052900119_1.html

 

  1. India's May exports up 67% YoY at $32.21 bn; trade deficit at 8-month low

https://www.business-standard.com/article/economy-policy/india-s-may-exports-up-67-yoy-at-32-21-bn-trade-deficit-at-8-month-low-121060200991_1.html

 

  1. India's forex reserves likely crossed $600 billion this week: RBI

https://economictimes.indiatimes.com/news/economy/finance/indias-forex-reserves-likely-crossed-600-billion-this-week-rbi/articleshow/83229905.cms

 

  1. RBI Governor Shaktikanta Das says global trade rebounding; pitches for policy support for exports sector

https://economictimes.indiatimes.com/news/economy/foreign-trade/rbi-governor-says-global-trade-rebounding-pitches-for-policy-support-for-exports-sector/articleshow/83228331.cms

 

  1. India considers edible oil import tax cut to lower prices: Report

https://economictimes.indiatimes.com/news/economy/foreign-trade/india-considers-edible-oil-import-tax-cut-to-lower-prices-report/articleshow/83196546.cms

 

  1. US suspends tariffs on UK, India, European nations in digital tax dispute

https://economictimes.indiatimes.com/news/economy/foreign-trade/us-suspends-tariffs-on-uk-india-european-nations-in-digital-tax-dispute/articleshow/83183216.cms

 

  1. Additional tax likely for MNCs importing raw materials

https://economictimes.indiatimes.com/news/economy/foreign-trade/additional-tax-likely-for-mncs-importing-raw-materials/articleshow/83162956.cms

 

  1. It’s not all bad news in Covid. India’s farm exports soared to 6-year record high. Here’s how

https://theprint.in/economy/its-not-all-bad-news-in-covid-indias-farm-exports-soared-to-6-year-record-high-heres-how-2/667187/

 

  1. What explains the surge in FDI inflows?

https://www.thehindu.com/todays-paper/tp-opinion/what-explains-the-surge-in-fdi-inflows/article34703375.ece

 

  1. Agriculture and Rural Economy

 

  1. The Centre’s niggardly allocation of free foodgrain

https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-centres-niggardly-allocation-of-free-foodgrain/article34691962.ece

 

  1. Whitepaper recommends greater adoption of digital technology in fisheries sector

https://www.thehindubusinessline.com/economy/agri-business/whitepaper-recommends-greater-adoption-of-digital-technology-in-fisheries-sector/article34686580.ece

 

  1. Ahead of sowing, lockdowns worry growers

https://www.thehindubusinessline.com/economy/agri-business/ahead-of-sowing-season-growers-worried-about-covid-19-lockdowns/article34707495.ece

 

  1. Food, fertiliser bills push govt subsidy up three times in FY21

https://www.business-standard.com/article/economy-policy/food-fertiliser-bills-push-govt-subsidy-up-three-times-in-fy21-121053101335_1.html

 

  1. Shrimp exports to grow by 20% this year; India may regain top spot: Report

https://www.business-standard.com/article/economy-policy/shrimp-exports-to-grow-by-20-this-year-india-may-regain-top-spot-report-121060100823_1.html

 

  1. Covid-19 pandemic: Govt may extend social and rural relief schemes

https://www.business-standard.com/article/current-affairs/covid-19-pandemic-govt-may-extend-social-and-rural-relief-schemes-121060200063_1.html

 

  1. Demand for MGNREGA work slumps 26% in May amid Covid-19 pandemic

https://www.business-standard.com/article/economy-policy/demand-for-mgnrega-work-slumps-26-in-may-amid-covid-19-pandemic-121060200040_1.html

 

  1. Second wave dents rural economy leading to knock-on effect on recovery

https://www.business-standard.com/article/economy-policy/second-wave-dents-rural-economy-leading-to-knock-on-effect-on-recovery-121060300469_1.html

 

  1. Pulses association demands clarification on stock monitoring under EC Act; claims it may hamper trade

https://economictimes.indiatimes.com/news/economy/agriculture/pulses-association-demands-clarification-on-stock-monitoring-under-ec-act-claims-it-may-hamper-trade/articleshow/83195972.cms

 

  1. Govt unveils road map to set up centralised farmers’ database

https://economictimes.indiatimes.com/news/economy/agriculture/govt-unveils-road-map-to-set-up-centralised-farmers-database/articleshow/83195577.cms

 

  1. Sugar production up 13 pc to 305.68 lakh tonnes during Oct'20 - May'21

https://economictimes.indiatimes.com/news/economy/agriculture/sugar-production-up-13-pc-to-305-68-lakh-tonnes-during-oct20-may21/articleshow/83144374.cms

 

  1. Farmers understanding benefits of price-locking at sowing time with options trade: Officials

https://economictimes.indiatimes.com/news/economy/agriculture/farmers-understanding-benefits-of-price-locking-at-sowing-time-with-options-trade-officials/articleshow/83172004.cms

 

  1. Reduction in import duty for edible oil should be postponed: Industry

https://economictimes.indiatimes.com/news/economy/agriculture/reduction-in-import-duty-for-edible-oil-should-be-postponed-industry/articleshow/83114047.cms

 

  1. Recipe for disaster: COVID-19 spreads fear in India's tea estates

https://economictimes.indiatimes.com/news/economy/agriculture/recipe-for-disaster-covid-19-spreads-fear-in-indias-tea-estates/articleshow/83144381.cms

 

  1. Farmers Gradually Returning to Protests Against Farm Laws in Haryana

https://thewire.in/agriculture/haryana-farmers-protest-covid-19-bjp-jjp

 

  1. Caste categories for NREGS pay

https://www.thehindu.com/todays-paper/tp-national/caste-categories-for-nregs-pay/article34712383.ece

 

  1. Rural health care needs fixing, and now

https://www.thehindu.com/opinion/lead/rural-health-care-needs-fixing-and-now/article34721348.ece

 

  1. 30% PMGKAY recipients yet to get grains for May

https://www.thehindu.com/todays-paper/tp-national/30-pmgkay-recipients-yet-to-get-grains-for-may/article34722304.ece

 

  1. Govt. advised the split in MGNREGA wage benefit

https://www.thehindu.com/todays-paper/tp-national/govt-advised-the-split-in-mgnrega-wage-benefit/article34722306.ece

 

  1. Industry, Manufacturing, Services and Technology

 

  1. FM yet to take a call on grant of fiscal stimulus to industry

https://www.thehindubusinessline.com/economy/policy/fm-yet-to-take-a-call-on-grant-of-fiscal-stimulus-to-industry/article34670901.ece

 

  1. Core industries’ output falls 15.1% m-o-m in April

https://www.thehindubusinessline.com/economy/core-industries-output-falls-151-m-o-m-in-april/article34691879.ece

 

  1. Steel companies hike prices again

https://www.thehindubusinessline.com/news/steel-companies-hike-prices-by-4000-a-tonne/article34719248.ece

 

  1. Govt considers enhancing Rs 3 trn loan-guarantee for small firms: Report

https://www.business-standard.com/article/economy-policy/govt-considers-enhancing-41-billion-loan-guarantee-for-small-firms-report-121053000245_1.html

 

  1. 470 infrastructure projects show cost overruns worth Rs 4.38 trillion

https://www.business-standard.com/article/economy-policy/470-infrastructure-projects-show-cost-overruns-worth-rs-4-38-trillion-121053000164_1.html

 

  1. Demand pushes up construction and manufacturing sectors in Q4FY21: Experts

https://www.business-standard.com/article/economy-policy/demand-pushes-up-construction-and-manufacturing-sectors-in-q4fy21-experts-121053101385_1.html

 

  1. Retail inflation for industrial workers eases to 5.14% in April

https://www.business-standard.com/article/economy-policy/retail-inflation-for-industrial-workers-eases-to-5-14-in-april-121053100888_1.html

 

  1. Asset monetisation to gather pace in road sector, says Crisil

https://www.business-standard.com/article/economy-policy/asset-monetisation-to-gather-pace-in-road-sector-says-crisil-121053100789_1.html

 

  1. India's second Covid-19 wave rattles business confidence: Survey

https://www.business-standard.com/article/economy-policy/india-s-second-covid-19-wave-rattles-business-confidence-survey-121053100669_1.html

 

  1. The bounce-back in construction buoyed the growth numbers, shows data

https://www.business-standard.com/article/economy-policy/the-bounce-back-in-construction-buoyed-the-growth-numbers-shows-data-121060100004_1.html

 

  1. India's fuel demand plunges in May amid Covid-19 lockdowns, show data

https://www.business-standard.com/article/economy-policy/india-s-fuel-demand-plunges-in-may-amid-covid-19-lockdowns-show-data-121060100446_1.html

 

  1. Manufacturing PMI slips to 50.8 in May, marking steepest fall in 10 months

https://www.business-standard.com/article/economy-policy/manufacturing-pmi-slips-to-50-8-in-may-marking-steepest-fall-in-10-months-121060100404_1.html

 

  1. Cabinet secy-led panel wants PLI scheme revamp to boost manufacturing

https://www.business-standard.com/article/economy-policy/cabinet-secy-led-panel-wants-pli-scheme-revamp-to-boost-manufacturing-121060300030_1.html

 

  1. May Services PMI shrinks to 46.4 vs 54 in April; lowest level since Aug

https://www.business-standard.com/article/economy-policy/may-services-pmi-shrink-to-46-4-vs-54-in-april-lowest-level-since-aug-2020-121060300335_1.html

 

  1. Second Covid-19 wave had minimal impact on highway projects: NHAI official

https://www.business-standard.com/article/economy-policy/second-covid-19-wave-had-minimal-impact-on-highway-projects-nhai-official-121060300025_1.html

 

  1. Columns by Paul Krugman/ Joseph Stiglitz

 

  1. G7 leaders can strike a blow on global corporate tax

https://www.ft.com/content/908bbc8d-e07f-487c-9875-d2e0a0222035

 

  1. Opinion | Can the Rich Pay for a Better America?

https://www.nytimes.com/2021/06/03/opinion/biden-taxation-rich.html

 

  1. The Radical Modesty of Biden's Budget - The New York Times

https://www.nytimes.com/2021/05/31/opinion/biden-budget-proposal.html

 

  1. Opinion | Krugman Wonks Out: The Greenback Rules. So What?

https://www.nytimes.com/2021/05/28/opinion/us-dollars-currency.html

 

  1. Other Articles/ Columns

 

  • Ideas for India

 

  1. The importance of a climate stimulus in India

https://www.ideasforindia.in/topics/environment/the-importance-of-a-climate-stimulus-in-india.html

 

  1. Covid-19: Health and economic impacts in Indian slums

https://www.ideasforindia.in/topics/poverty-inequality/covid-19-health-and-economic-impacts-in-indian-slums.html

 

  • The India Forum

 

  1. India’s Biggest Challenge: The Future of Farming

https://www.theindiaforum.in/article/india-s-biggest-challenge-future-farming

 

  • Project Syndicate

 

  1. The Deeper Anxieties of the Inflation Hawks

https://www.project-syndicate.org/commentary/larry-summers-weak-inflation-argument-by-james-k-galbraith-2021-06?a_la=english&a_d=60b8da931b69b40d3c158379&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=larry-summers-weak-inflation-argument-by-james-k-galbraith-2021-06&a_pa=section-commentaries&a_ps=&a_ms=&a_r=

 

  1. Good Inflation

https://www.project-syndicate.org/commentary/good-inflation-price-signals-can-improve-behavior-by-harold-james-2021-06?a_la=english&a_d=60b7a54d1b69b40d3c39a620&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=good-inflation-price-signals-can-improve-behavior-by-harold-james-2021-06&a_pa=section-commentaries&a_ps=&a_ms=&a_r=

 

  1. The Stimulus Didn’t Work, Again

https://www.project-syndicate.org/commentary/covid-stimulus-payments-no-effect-on-consumption-by-john-taylor-5-2021-06?a_la=english&a_d=60b789ce1b69b40d3cf49a15&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=covid-stimulus-payments-no-effect-on-consumption-by-john-taylor-5-2021-06&a_pa=section-commentaries&a_ps=&a_ms=&a_r=

 

  1. Is Bidenomics More Than Catch-Up?

https://www.project-syndicate.org/commentary/biden-economic-agenda-is-more-catch-up-than-visionary-by-jean-pisani-ferry-2021-05?a_la=english&a_d=60b114a2126b1e1bc43a91a5&a_m=&a_a=click&a_s=&a_p=%2Fsection%2Feconomics&a_li=biden-economic-agenda-is-more-catch-up-than-visionary-by-jean-pisani-ferry-2021-05&a_pa=section-commentaries&a_ps=&a_ms=&a_r=

 

  • Economic and Political Weekly

 

Commentary

 

  1. Crisis behind Closed Doors

Domestic Workers’ Struggles during the Pandemic and Beyond

https://www.epw.in/journal/2021/22/commentary/crisis-behind-closed-doors.html

 

  1. Why India’s Vaccine Companies Are Profiteering in the Pandemic

https://www.epw.in/journal/2021/22/commentary/why-indias-vaccine-companies-are-profiteering.html

 

            Special Articles

 

  1. Trade Competitiveness of India’s Textile and Apparel Sector

https://www.epw.in/journal/2021/22/special-articles/trade-competitiveness-indias-textile-and-apparel.html

 

  1. How Effective Are Government Measures to Control Prices of Anticancer Medicines in India?

https://www.epw.in/journal/2021/22/special-articles/how-effective-are-government-measures-control.html

 

  1. Subjective Well-being in India

https://www.epw.in/journal/2021/22/special-articles/subjective-well-being-india.html

 

  • The Economist

 

  1. What are the limits to government borrowing?

https://www.economist.com/finance-and-economics/2021/06/05/what-are-the-limits-to-government-borrowing

 

  1. Will poorer countries benefit from international tax reform?

https://www.economist.com/finance-and-economics/2021/06/05/will-poorer-countries-benefit-from-international-tax-reform

 

  1. Covid’s unequal effect on companies

https://www.economist.com/finance-and-economics/2021/06/05/covids-unequal-effect-on-companies

 

  1. Which euro-zone economies are bouncing back quickest?

https://www.economist.com/finance-and-economics/2021/05/29/which-euro-zone-economies-are-bouncing-back-quickest

 

  1. When does transitory inflation become sustained?

https://www.economist.com/finance-and-economics/2021/05/29/when-does-transitory-inflation-become-sustained

 

  1. What will it cost to end the pandemic?

https://www.economist.com/finance-and-economics/2021/05/29/what-will-it-cost-to-end-the-pandemic

 

  1. News on Kerala

 

  1. Kerala retains top position

https://www.thehindubusinessline.com/economy/kerala-tops-niti-aayogs-sustainable-development-goals-index-again/article34714479.ece

 

  1. Give digital equipment to SC/ST students: study

https://www.thehindu.com/todays-paper/tp-national/tp-kerala/give-digital-equipment-to-scst-students-study/article34685222.ece

 

  1. Containing deficit at 4% a challenge

https://www.thehindu.com/todays-paper/containing-deficit-at-4-a-challenge/article34712655.ece

 

Print Sources:         The Hindu, Business Line, Business Standard, Economic Times

 

Online: Livemint, Scroll.in, The Wire, The Print, The India Forum, Newyork Times, Ideas for India

 

Journals:                    Economic and Political Weekly, The Economist, Project Syndicate