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Govt. Squeezes Spending, Even Though Tax Collections Have Increased -Subodh Varma

-Newsclick.in Modi government has restrained spending of various ministries including education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...

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DAP Shortage Continues in Himachal Pradesh and Haryana, Allocations From Centre Still Short

-Newsclick.in The demand and supply gap in both states has continued despite some allocations from the Centre. The Data show that there is still a requirement of 1.29 lakh MT DAP in Haryana to sow wheat and for additional agricultural needs until March 31, 2022. Farmers in Haryana and Himachal Pradesh continue to struggle due to the shortage of di-ammonium phosphate (DAP), an essential nutrient for Rabi season crops. The farmers are...

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India's retail inflation rate rises marginally to 4.48% in October

-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, Data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...

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Dipa Sinha, economics professor at Ambedkar University and lead campaigner with the Right to Food Campaign, interviewed by Rashme Sehgal (Newsclick.in)

-Newsclick.in Dipa Sinha, economist and lead campaigner with the Right to Food Campaign, explains the myriad reasons for India faring worse on crucial hunger indicators and the way out. Economist Dipa Sinha, who teaches at the School of Liberal Studies at Ambedkar University, is actively involved with the Right to Food Campaign. In an interview with Newsclick, she explains why hunger is not an isolated concern but the result of a confluence...

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UNHCR: Conflict, violence, climate change drove displacement higher in first half of 2021

-UNHCR India The trend in rising forced displacement continued into 2021 – with global numbers now exceeding 84 million – as more people fled violence, insecurity and the effects of climate change, according to the Mid-Year Trends report released today by UNHCR, the UN Refugee Agency. The report, for January-June 2021, showed an increase from 82.4 million at the end of 2020. This resulted largely from internal displacement, with more people fleeing...

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