-The Telegraph India’s decarbonization targets as laid out at COP26 may require enhanced funding The Union finance minister, Nirmala Sitharaman, made energy transition and climate action focal points in this year’s budget. The ministry of environment, forest and climate change secured an allocation of Rs 3,030 crore. Yet, the question as to whether the financing would be adequate to ensure a timely transition to a sustainable environment stands. At COP26 held in Glasgow,...

On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...

-The Hindu Post-COVID learning for children should be accelerated, says World Bank’s Global Director for Education Jaime Saavedra. World Bank’s Global Director for Education Jaime Saavedra was in India last week to meet Union Education Minister Dharmendra Pradhan and governments of Gujarat and Uttar Pradesh to discuss concerns over learning losses for children due to the COVID-19 pandemic and the need for concerted efforts to bridge these gaps. In a sit-down interview...

-Newsclick.in Work participation has steadily declined, unemployment is at 7% or more and median yearly income in 2020-21 was an abysmal Rs.1.7 lakh, as per CMIE. In the past five years, the economic slowdown, pandemic and its disastrous response and the Narendra Modi government’s indifference to the common people has led to a steadily worsening economic crisis. The government, perhaps buoyed by electoral successes, has given up on reviving the living condition...

-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...