-The Hindu Business Line Rural ministry data shows 7,21,362 km roads completed under PMGSY, as on December 1, 2022 Out of 2,20,570 km of roads constructed under the Pradhan Mantri Gram Sadak Yojana (PMGSY) scheme in the last six years (including the current year), 1,54,120 km, or 70 per cent, has come up in 10 States, with Odisha, Madhya Pradesh and Chhattisgarh getting the lion’s share. A total of 7,98,739 km of road...
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Instead of Withdrawing Food Security, a Minimum Income Guarantee Is Needed -Santosh Mehrotra, Anjana Rajagopalan and Rakesh Ranjan
-TheWire.in A Minimum Income Guarantee would not just cushion exogenous shocks, but would arrest the process of vulnerability begetting vulnerability. While the worst of the pandemic is behind us, there has been a decline in general purchasing power amidst inflation. The provisional Consumer Food Price Index (combined for rural and urban) for September 2022 is pegged at 8.6%, a huge increase from 0.68% for September 2021. The latest Periodic Labour Force Survey (PLFS)...
More »Fertiliser subsidy bill in FY'23 seen at Rs 2.3-2.5 lakh cr; may fall 25pc in FY'24: FAI
-Moneycontrol.com The fertiliser subsidy stood at Rs 1.62 lakh crore in the previous financial year. The government's fertiliser subsidy will rise to Rs 2.3-2.5 lakh crore in this fiscal but the bill may fall by 25 per cent in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of urea has not been increased affecting the viability...
More »Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion -Shiva Rajora
-Business Standard The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021 India's services activity recovered to a three-month high in November as services firms benefited from accommodative demand. New business inflows rose markedly and at the quickest pace in the last three months. The Purchasing Managers' Index (PMI) for the services sector released by credit rating agency S&P Global improved to 56.4 in November from...
More »Saving our soils is saving ourselves -Neelam Patel, PVS Suryakumar, and Rajeev Ahal
-The Hindu Business Line Enhancing resilient and agroecological strategies is vital for the environment and welfare It is widely accepted that it takes nearly thousand years for formation of top soil, but when not cared for, can be damaged quickly. India adopted intensive agriculture practices in a few pockets, ushering in the Green Revolution. But this had consequences — loss of soil structure and fertility. Research shows that nine major minerals and nutrients...
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