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What Does the Caste Wealth Gap Look Like in India? -Kaushal Shroff

-TheWire.in A recent research paper examining consumption expenditure and landholdings in Uttar Pradesh sheds new light. Mumbai: For years, researchers and academics have studied how wealth and income inequality in India is, more often than not, split along caste lines, with upper castes cornering a larger piece of the pie. However, the measure of their enrichment and the consequent impoverishment and exclusion of Muslim Dalits and Hindu Dalits has received less attention. A...

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States vs Centre: Which govt. increased the fuel tax rate? -Vignesh Radhakrishnan

-The Hindu What is the Opposition-ruled States’ stand on reduction of value added tax to bring down petrol prices?  The story so far: Petrol is retailing at more than ₹100 per litre across India. While rising crude oil prices have added to the burden, the primary reason behind the steep increase in pump fuel prices over the last few years is the gradually rising Central Government's excise duty component. Currently, for every...

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Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report

 -PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...

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Strong demand may bring down closing stock of major farm goods by FY23-end -Sanjeeb Mukherjee

-Business Standard Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time By the end of this financial year or perhaps even earlier, depending upon the crop cycle, India might be staring at a multi-year low closing inventory levels of several key farm commodities. Stocks of sugar, wheat, cotton and oilseeds both, with traders and...

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Spending on SC/ST welfare: A story of money lost in transit -Sharat S Srivatsa

-The Hindu A substantial part of the amount allocated does not reach the targeted groups because of a clause in the Act Bengaluru: Since 2014, Karnataka has spent an impressive Rs.1.84 lakh crore on the welfare and development of the Scheduled Castes (SCs) and the Scheduled Tribe (STs), who jointly constitute 24.1% of the State’s population. Yet, government data reveals that the communities are lagging behind the State averages in several parameters. While...

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