-NDTV.com A number of state assembly polls, including in Uttar Pradesh and Punjab, are scheduled over the next few months. New Delhi: The BJP's NDA ally Janata Dal-United (JDU) today demanded that the Centre roll back the hike announced today in LPG cylinder prices by Petroleum companies. The party, which leads the coalition in Bihar, cited the financial pressure on households amid the Covid pandemic and said political rivals could use the...
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Can govt’s targeted welfare override inflation concern? -Roshan Kishore
-Hindustan Times The budgetary allocations for Ujjwala, which is listed as money for “LPG connections to the poor” in the ministry of Petroleum’s budget, was just ₹21,365.81 crore between 2016-17 and 2020-21. With the Prime Minister launching the second module of the Ujjwala Yojana from Mahoba, Uttar Pradesh, the Bharatiya Janata Party (BJP) has, in a way, started its election campaign for the crucial state which goes to the polls in early...
More »Is ethanol blending in Petrol really green? -Jasleen Bhatti
-Down to Earth Aggressive sugarcane farming contaminates land, water The Union government intends to increase the amount of ethanol in the energy mix to lower the country’s dependence on imported oil and carbon footprint, as well as stabilise Petrol prices. India currently blends about 8.5 per cent ethanol in Petrol. The government is targeting a 10 per cent ethanol blend by 2022 and a 20 per cent blend (E20) by 2025. E20 can save...
More »Making Ethanol from Rice Hurts India’s Poor -Soma Marla
-Newsclick.in Government must explore non-conventional resources to achieve energy security. Its current policy to blend ethanol and biodiesel helps the biofuel industry at the cost of food security. In a recent press conference, the Union Food Secretary Sudhanshu Pandey said that in 2020-21 the Centre allocated about 78,000 tonnes of rice from the Food Corporation of India (FCI) stocks to distilleries to produce ethanol. The distilleries got rice at a subsidised Rs.20...
More »Inflation remains above 6% for second month
-The Hindu Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...
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