-Business Standard If PMGKAY was continued beyond December 2022, at least Rs 40,000 crore would have got spent for three months (Jan to March) The Centre seems to have made a smart move to not only limit its food subsidy outgo, which was going out of hand due to unabated extensions of Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) but also saved a good chunk of wheat for effective intervention in the...
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Why Has India’s Industrial economy Become Stagnant? -Prabhat Patnaik
-Newsclick.in The sharp and apparently intriguing fall in industrial production in October, and feeble post-Covid recovery, points to a deep-rooted malaise in the Indian economy. There has been much discussion in public about the index of industrial production (IIP) for October 2022 being 4% lower than the index for October 2021; and quite rightly so, since no obvious explanations like a Covid-induced lockdown or even its residual lingering effects can be adduced...
More »Rural distress increased sharply as farm wages fell - Santosh Mehrotra
- Deccan Herald Covid-19 reverse migration of labour added to joblessness A rise in self-employment and unpaid family labour three years into the Covid-19 pandemic even as wage rates fell is an indication that rural distress has risen, the economist Santosh Mehrotra writes. Economic distress was on an upward trajectory even before the Pandemic and the sudden arrival of millions of reverse migrants in 2020 added to the stock of unemployed people...
More »Raj govt preparing plan to distribute food kits to poor: CM Ashok Gehlot
-PTI/ Business Standard Jaipur: Rajasthan Chief Minister Ashok Gehlot said on Wednesday said his government is preparing a plan to distribute food kits to people from the economically weaker section. "In order to provide relief to the people of Rajasthan from the impact of inflation and to reduce the cost of kitchen, the state government is conducting studies on various aspects," Gehlot told reporters in Dausa. Later, in a tweet, Gehlot said, "A...
More »Climate change induced extreme events are playing havoc with human lives & livelihoods, show latest available data
It is evident from various studies (please click here, here and here to access) that emission of Greenhouse Gases (GHGs) by the developed as well as the developing countries is responsible for climate change, thus causing extreme weather events to occur, with much more ferocity than in the past. The negative impact of climate change may or may not be felt in the geographical location where historically emission has taken...
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