BK News 2021 New

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ECONO

MY
SECTOR
Team members
Anu Krishnan
Amrutha Sajeev
Alen Augustine
Ashly Thomas
Abhirami Vijay
Chithralekha S kumar
Potato prices crash 50% 5 to 6 per kg in both
producing and consuming areas

 India ranks 3rd in potato production area and


second in production in world after china
Agri, wood-based industry important
lifelines of the economy’
• Agriculture and wood-based industry would be important lifelines of the Indian economy
• Challenges: April 11, 2021
• challenges of sustainability in the sector because India is a water-stressed country
• challenges of productivity, farm income and sustainability

• Opportunities:
• India has the largest arable land in the world
• As the country’s population increases and the income levels rise and there will be a
greater need for value-added agriculture 
Fig: Sanjiv Puri, Chairman
and Managing Director,
• Bandhan - initiative undertaken by ITC, upliftment of the underprivileged
ITC Ltd
Organisations watch out, talent is on the
move again
Updated on March 22, 2021
• This year employees’ job-switching intent has nearly doubled

• 70 per cent of employees planned to remain at their organisation last year

• This year 41 per cent of employees plan to leave their current employer

• New way of working, offering interesting new career possibilities


Challenges and Opportunities

• Employee expectations have changed

• Leaders were out of tune with their employees

• Lack of in-person interactions also seems to be affecting innovation

• More diverse talent pool opens up for organisations

• This calls to combat digital exhaustion and rethink employee experience


AS ECONOMY RECOVERS, SURVEY SHOWS 59% FIRMS IN
INDIA INTEND TO GIVE SALARY INCREMENTS IN 2021

• A study has shown that 59 per cent of companies in India are


intending to give salary increments to their employees in 2021

• The study was conducted online among 1,200 companies.

• 59 per cent of companies saying that increment is on the cards.


20 states complete ease of doing
business reforms

 Eligible for additional borrowing of 0.25 % of


GSDP
 ArunachalPradesh, Chattisgarh, Goa, Meghalaya
and Tripura completed
 Granted permission to rise additional financial
resources of 39,521
EASY TRIP PLANNERS IPO OPENS ON MARCH
8 AT RS 186 -187

 Fixed a price band Rs 186-187 share and 510 crore as


initial share sale.
 Company’s IPO is entirely offering for sale.
 Company founder Nishanth and Rikant sell shares to
the tune Rs 255 crore .
 Hold 49.81 per cent and 49.68 per cent stake.
Organisation watch out, talent is on the move again Updated
on March 22, 2021

 This year employees’ job-switching intent has nearly doubled

 70 per cent of employees planned to remain at their organisation last year

 This year 41 per cent of employees plan to leave their current employer

 New way of working, offering interesting new career possibilities


CHALLENGES AND OPPORTUNITIES

 Employee expectations have changed

 Leaders were out of tune with their employees

 Lack of in-person interactions also seems to be affecting innovation

 More diverse talent pool opens up for Organisation

 This calls to combat digital exhaustion and rethink employee experience


Onion Farmers Seek minimum Fixed price
march 24,2021
 Onion growers in Maharashtra have launched an agitation demanding minimum fixed
price of Rs 30/Kg for their produce
 Farmers have started ‘’ our onion our price ‘’ Drive to push the demand for a minimum
fixed price
 “Farmers incur Rs 65000-70000 to grow onion on an acre of land except for a couple of
months farmers receive rates less than the production cost
 Dighole said states and centre take steps to fix onion price at least at Rs 30 per Kg
Phone Pe, Google Pay continue to be
top apps
April 9,2021
• Phone Pe and Google Pay continued to be the top apps for Unified Payment Interface
(UPI) in March
• Data released by the National Payments Corporation of India (NPCI) revealed that
Phone Pe continued to lead the UPI payments space in March
• Processing 1,19.95 crore transactions amounting to ₹2.31-lakh crore. This amounted to
43.91 per cent of the market share in terms of volume in March. Meanwhile, Google Pay
processed 95.7 crore UPI payments, amounting to ₹2.01-lakh crore
• This amounted to 35.03 per cent of the market share in terms of volume
THANKS!
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