-Livemint.com From the large volume of portability transactions under ONORC, it is evident that the beneficiaries are leveraging the facility of ration portability to access their NFSA as well as PMGKAY foodgrains from any FPS of their choice, without being dependent on the tagged ration shop in the ration card, Union Minister Ashwini Kumar Choubey said About 56 crore ration card portability transactions have taken place till January 31, since the launch...
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UP Assembly Elections 2022: Impact of farmers’ protest likely; MSP, cane dues major issues in Jat belt -Shagun
-Down to Earth Western UP farmers say they have become aware of their rights due to the protest and will vote on them The year-long farmers’ protest against the three farm laws and on granting a legal status to minimum support price (MSP) is likely to play a role when farmers from western Uttar Pradesh (UP) cast their votes February 10, 2022. The 2020-21 protest and several mahapanchayats during that time saw a...
More »Sanjeev Sanyal, principal economic advisor, interviewed by Kamalika Ghosh (OutlookIndia.com)
-OutlookIndia.com The principal economic advisor is confident of achieving GDP growth promised by finance minister Nirmala Sitharaman in the budget but is also cautious that some external factors can derail the projections Automobiles and two-wheelers are seeing muted sales not because of a low-demand situation afflicting the sector, but because there is a supply-side issue about chips, principal economic advisor to the government Sanjeev Sanyal told Outlook Business. He also said that...
More »Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath
-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Union Budget 2022: The Concerns and Numbers Don’t Square Up -Arun Kumar
-TheWire.in Much was expected from the Union Budget 2022 which has come at a time when the Indian economy is facing an economic turmoil due to the coronavirus pandemic and battling widespread unemployment and inflation. High hopes were pinned on this year’s budget as the country saw young people protesting for Railway jobs, farmers protesting for the government to address their loss of incomes, micro-sector producers as they faced closures and PSU...
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