-TheQuint.in After interest payments, Food subsidies, fertiliser subsidy will be third largest single-budget govt expenditure. With the Government seeking an additional appropriation of Rs 1.09 crore through the first supplementary in the current session, India’s fertiliser subsidy bill is set to exceed Rs 2.37 lakh crore this fiscal 2022-23. Govt Expenditures Going Big on Fertiliser Subsidies Excluding interest, pensions, and mandatory transfers to state governments, the revised budgetary discretionary expenditure is likely to be...
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Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha
-PTI/ The Telegraph Experts say a high base of last year and some easing in Food prices also worked in favour of the November 2022 wholesale price index The wholesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has been on a declining trend since May and came down to single digit...
More »PS Vijayshankar, an expert on sustainable farming and water resource management, interviewed by Shreehari Paliath (India Spend)
-India Spend India's transition to sustainable farming has to be calibrated and orchestrated well, drawing lessons from the successes of India's Green Revolution and the recent crisis in Sri Lanka, says sustainable farming expert P.S. Vijayshankar Bengaluru: The production-centric intensive agriculture brought about by India's Green Revolution in the 1960s, using high-yielding seeds, fertilisers and high levels of groundwater utilisation, helped India achieve Food self-sufficiency by the 1970s, but has created a...
More »Commercial crops edging out Food grains in Karnataka -Pavan Kumar H
-Deccan Herald Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively Paddy, jowar and ragi, the staple Food grains of Karnataka, are slowly losing ground to commercial crops like maize, areca and cotton. Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively. The area under maize cultivation has expanded...
More »India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...
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