-TheWire.in While illegal mining is worrying, what is little understood is the enormous loot that is taking place legally. Mineral owners sometimes receive less than 5% of the value of minerals. The three iron ore scams in Karnataka, Goa and Odisha have some things in common. There were widespread and diverse breaches of the constitution, laws, rules and regulations. The environment was badly damaged. The minerals were being exhausted. Enormous corruption was...
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Onion prices to soar further this Diwali -Tushar Pawar
-The Times of India NASHIK: Onion prices continue to soar in the country's largest wholesale market at Lasalgaon in Nashik, with wholesale traders saying that the prices could rise further during Diwali. Wholesale onion traders of the Lasalgaon Agriculture Produce Market Committee (APMC) said the widening gap between the demand and supply had pushed up the prices. The average wholesale onion prices have increased by 80% in the past 10 days at the...
More »Onion prices fall 35% after I-T raids on Nashik traders
-The Times of India NASHIK: The average wholesale onion price fell by 35% at the country's largest wholesale onion market at the Lasalgaon Agriculture Produce Market Committee (APMC) on Thursday after the income tax department carried out surveys and searches in the offices, godowns and homes of seven onion traders in Nashik district of Maharashtra. After the sudden crash in wholesale onion prices, farmers stopped the Auction at Lasalgaon and did...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Arvind Subramanian slams carbon imperialism, calls for global coal alliance -Gireesh Chandra Prasad
-Livemint.com Arvind Subramanian says coal will remain the primary source of energy for India in the short to medium term as it remains the cheapest energy source for development needs New Delhi: Coal will and should remain the primary source of energy for India in the short to medium term as the fossil fuel remains the cheapest source of energy for India’s development needs, chief economic advisor Arvind Subramanian said on Thursday. Renewable...
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