Most producers have put off plans to make capital investments in their wineries, and implemented cost-reduction measures to conserve cash.
Poor rainfall has also depleted water reservoirs levels, which is likely to impact the winter crops.
'I'll give it to the vaccine manufacturers without guarantees, take the payment in advance and give me the supplies.' 'The moment you give me one lot of supply, I'll give you more.'
In the coming few weeks, agriculture markets in North and Central India will be full of wheat, mustard, and chana - the three main rabi crops grown in these parts. Not only will the price trajectory of these determine the course of food inflation in the months to come, but it could also have a wider impact on the rural economy in the main growing states for these crops. Wheat and chana are largely grown in Madhya Pradesh (MP).
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
The survey showed that women workers fared worse than men when it came to employment recovery (53 per cent versus 57 per cent) and urban areas have been much worse hit despite a quicker bounce back.
'Loss of these urban salaried jobs is, therefore, likely to have a particularly debilitating impact on the economy, besides causing immediate hardship to middle-class households,' points out Mahesh Vyas.
Slamming the Bharatiya Janata Party for its "politics of India Shining," Rahul Gandhi on Thursday reached out to the poor and rural youths in Bundelkhand, hard-selling the United Progressive Alliance's flagship schemes of food security, land acquisition and job guarantee programme Mahatma Gandhi National Rural Employment Guarantee Act.
80% of beneficiaries in 300 districts to be linked with direct benefits transfer
Enthused with the experiment, the local women urged Mushran to start a small factory. She readily agreed, with the aim of providing employment to poor women and using fruit grown by local marginal farmers. That's how Bhuira Jams was born.
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
A programme that endeavours to graduate the poorest people could have seminal implications for Prime Minister Narendra Modi's government.
The MGNREGS started in 24 districts of the state from February 2, 2006 while it is in operation in the rest six districts from April 1, 2008.
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
The festival season has already begun in the west and south of India with Ganesh Chaturthi and Onam, respectively, and consumer companies are witnessing a pick-up in sales compared to pre-Covid levels. Retailers, fast-moving consumer goods (FMCG) and consumer durables companies expect their sales to grow in double digits this festival season compared to pre-pandemic times, as there are no curbs on movement now. Adani Wilmar expects sales volume to be higher by 15-20 per cent as rural India has largely witnessed good monsoon rains, and employment has picked up in urban areas.
US President-elect Joe Biden plans to increase the number of high-skilled visas, including H-1B, and eliminate the limit on employment-based visas by country, both of which are expected to benefit tens of thousands of Indian professionals impacted by some immigration policies of the outgoing Trump administration.
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
The last date to apply for the September 2022 term of the programme is August 19, 2022.
It is now a different time in Bihar. It is a different place -- one in which Raghuvansh Prasad Singh's options are very limited, notes Aditi Phadnis.
Finance Minister Nirmala Sitharaman is likely to strike a fine balance between being fiscally prudent and growth supportive when she presents her fourth straight budget on Tuesday, which is expected to have plans to boost spending to revive investment and create jobs. The Budget for the fiscal year starting April 1, 2022 is likely to raise spending on infrastructure to set the economy on a firmer footing. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.
BMS, a union affiliated to RSS, plans rally at Delhi's Ramlila Ground on Nov 17; SJM to protest on Oct 29.
The RBI governor believes corruption ca be fought by streamlining the system.
The mega campaign, to start on Mahatma Gandhi's birth anniversary, will be conducted just before the elections in three major Bharatiya Janata Party-ruled states and also before the 2019 general elections.
Once the novelty of the plot wears off, Jamtara 2 becomes just another small-town cops-and-gangs story, observes Deepa Gahlot.
"Prime Minister Modi is not a leader, he is an actor. It would have been better if Amitabh Bachchan was made the prime minister," she said at an election meeting at the end of her roadshow in Mirzapur.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
India's share in world tourist inflows was only 0.64 per cent in 2012. It could only attract 6.97 million foreign tourists during 2013.
The richest one per cent in India now own more than 40 per cent of the country's total wealth, while the bottom half of the population together share just 3 per cent of wealth, a new study showed on Monday.
Industry body CII has pitched for a reduction in personal income tax rates, decriminalisation of the goods and services tax and a relook at the capital gains tax rates as part of its agenda presented to the government for the forthcoming Budget. Arguing that the GST law already contains adequate penal provisions for deterrence against evasion of taxes, CII has suggested decriminalisation of GST law. Also, the applicability of prosecution provisions should not be based on the absolute amount of tax evasion but should be based on real intent to evade the taxes and a certain percentage of the tax payable, it stated.
India might be heading towards a "serious livelihood crisis" as the situation seems to be worse this time for the working class amid the COVID crisis and local restrictions by states already add up to something close to a nationwide lockdown, according to noted economist Jean Dreze. In an interview to PTI, he also said the government's target to make India a $5 trillion economy by 2024-25 was never a "feasible target" and was just to pander to the "super-power ambitions" of the Indian elite. About the impact of the second wave of COVID on the Indian economy, the eminent economist said the situation today is not very different from what it was around this time last year as far as working people are concerned.
Rahul Gandhi on Thursday joined his sister Priyanka Gandhi in attacking Narendra Modi over snoopgate controversy, saying the Gujarat government has no regard for women as it gets their phones tapped.
Internal report, to be finalised in seven-10 days, may also suggest reduction in subsidies
'By 2020 around 34% of India's population will be in the 15-34 age group.' 'More than 70% of them live in rural areas.' 'Their energy and enthusiasm need to be tapped in order to meet their aspirations and transform agriculture and the rural economy,' says P K Joshi.
Just contribute to one of the seven charities chosen by them.
Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.
The government will announce minimum support prices for kharif.
This star designer who has now found an audience on foreign shores, all thanks to her minimalistic style, and worship of Indian fabrics.