The upcoming budget, the government’s priority should be not just the lowering of the rate of inflation but steadying the prices of essential items that the poor consume.
Insights, a blog published by IMPRI.
According to the Periodic Labour Force Survey of April-June, 2020, the labour force participation of women in urban areas (age above 15 years) was 19.6. According to International Labour Organization (ILO), in 2021 it was 22.3.
This marginalization of the rural economy is a result of the policymakers’ focus being on the organized part — the modern part of the economy. Modernization of the economy has been taken to be the copying of western modernity. India has not attempted its own modernity suited to the needs of the vast majority living in rural areas. No wonder the agriculture sector which provides the most important item of consumption — food — has been marginalized.
Xi’s revenge ‘you are on your own now’ policy came following nationwide protests in late November against Xi’s oppressive ‘Zero Covid’ policies.
Market-distorting fertilizer/power subsidies must go.
Consistent with India’s new generation of intertwined economic and security agreements to facilitate its emergence as one of the major powers, India has invited President El Sisi of the Arab Republic of Egypt (henceforth Egypt), as a Chief Guest for the Republic Day celebrations on January 26, 2023. There is significant scope for mutually beneficial cooperation in international trade and in macroeconomic and fiscal management between India and Egypt, an influential nation of over 100 million people, straddling Asia and Africa, as explained below.