-Hindustan Times The World Bank should ensure “greater transparency and accountability” while factoring in subjective opinion-based indices as inputs for its World Governance Indicators (WGI) that has significant weightage in sovereign ratings, the Economic Advisory Council to the Prime Minister (EAC-PM) said in a series of tweets citing an internal working paper, and called for independent Indian think tanks to bring out similar perception-based indices for the world in order to...

-Scroll.in In 2013, a new law sought to end land grab in India. Telangana showed how easy it was to undermine it, as it took over farmland for a 20,000-acre pharma city. One day in early August 2021, Papi Reddy took a trip to the revenue office of Yacharam mandal, in Telangana’s Ranga Reddy District, He wanted to claim some money that was due to him under Rythu Bandhu, a state-sponsored agricultural...

-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the Consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...

-NDTV.com Wholesale price-based inflation (WPI) eased in October to 8.39 per cent year-on-year, the lowest since March 2021. Wholesale price-based inflation eased in October to 8.39 per cent year-on-year, compared to 10.70 per cent in September, helped by a fall in commodity prices, government data showed on Monday. Declining for the fifth consecutive month, that Wholesale Price Index (WPI) reading is the lowest since March 2021 and below a double-digit rise for the...

-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...