-The Indian Express Diverting rice to produce ethanol during the pandemic is unethical. Surplus grains should be used to feed those in distress. In the middle of the COVID-19 pandemic and a country-wide lockdown came an announcement that was difficult to believe. The press release said the National Biofuel Coordination Committee (NBCC) chaired by the Union Minister of Petroleum and natural gas has decided to use “surplus” rice available with the Food...
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Crops failing against rising temperatures, pest attacks: Study -Pushp Bajaj
-Down to Earth Rising temperatures due to climate change may be compounding the stress on crops in multiple ways, it says Insect attacks are becoming stronger with rising temperatures and plants are not able to cope with the double whammy from pests and rising heat. These are the findings of a recent study published in the journal Proceedings of the National Academy of Sciences. The study reinforces previous findings that persistent warm and...
More »New numbers show dip in growth of core infrastructure sectors
-The Indian Express The August numbers mark the first contraction in core infrastructure output since April 2019, pointing to the continuing weakness in demand conditions. New Delhi: The growth of eight infrastructure sectors contracted 0.5 per cent in August following broad-based deterioration in output across as many as five sectors, including cement and electricity. But for a turnaround in refinery products — the largest constituent of the core sector — and...
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »Growth of eight core sectors at 2.1% in July, down from 7.3% last year: Govt data
-The Indian Express The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.3 per cent in July last year. During April-July, the eight sectors grew by 3 per cent compared to 5.9 per cent in the same period the previous year. Growth of eight core industries slowed down to 2.1 per cent in July as against 7.3 per cent...
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