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Indian cities need $840 bn infra investment till 2036: World Bank

-Livemint.com By 2036, 600 million people will be living in urban cities in India, representing 40% of the population and this is likely to put additional pressure on the already stretched urban infrastructure and services of Indian cities, New Delhi: Indian cities will require an investment of $840 billion in the areas of infrastructure and municipal services till 2036 to meet the needs of its fast-growing urban population, said a report by...

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India’s Urban Infrastructure Needs to Cross $840 Billion Over Next 15 Years: New World Bank Report -

-Press release by World Bank dated November 14, 2022 NEW DELHI: A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an Average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs of its fast-growing urban population. The report, titled “Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action” underlines the...

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Russia-Ukraine war hits Indian tea prices -Avijit Sinha

-The Telegraph At the start of current tea season, tea stakeholders had feared if exports would go down in CIS countries of which Moscow is a part, because of the war Siliguri: The price of Indian teas has seen a dip in Russia and some other countries of the CIS (Commonwealth of Independent States), during the first eight months of the current year, compared to the corresponding period last year. Representatives of the...

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Why GM mustard faces vocal opposition despite regulator nod -Amarnath K Menon

-India Today Once the government gives final approval, it will be another three years before farmers can begin commercial cultivation using GM mustard seeds Approval for the environmental release of genetically modified (GM) mustard—Dhara Mustard Hybrid-11 (DMH-11)—across India has not come a day too soon. The GM crops regulator, the Genetic Engineering Appraisal Committee (GEAC), had cleared GM mustard in 2017 but the Indian government raised questions and asked for more studies,...

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Agri Workers’ Tiny Wage Rise Wiped Out by Inflation -Subodh Varma

-Newsclick.in In the past five years, agri workers’ wage has increased by only about Rs.15 per year. For those leaders of the country who are tearing their hair trying to figure out how to get the economy moving, boost growth, increase investment and create jobs, it would be instructive to look at the plight of the largest economic class in the country – agricultural labourers. Numbering upward of 14 crore, they are...

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