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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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Demonetisation one of independent India’s most devastating MEAsure that left a permanent scar on the economy -Prabhat Patnaik

-National Herald The combination of ignorance, arrogance and the desire for “shock and awe” on the part of Modi government can be quite lethal, as the Indian people have learned to their great cost In the entire history of post-independence India, no single economic MEAsure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...

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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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Explained: Why Lowest Bid May No Longer Be Enough To Win Govt Tenders As Centre Makes Quality Move

-News18.com The Modi govt has introduced quality-cum-cost based selection as a mode for awarding contracts, which MEAns lowest-cost bid is no longer the chief criterion If the quality of execution has not always been regarded as the forte of public works in India, a key reason is the tendering guidelines, which said that contracts have to go to the lowest bidder. However, this stipulation, known as the L1 approach, is now no...

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