-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...
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India Will Lose 101 Billion Labour-Hours a Year to Global Warming’s Effects -Aathira Perinchery
-TheWire.in * India will lose 101 billion work-hours a year to the effects of global warming, according to a new study. * There is more scientific evidence to show how extreme weather, including rainfall, impacts economies worldwide. * Another study found economic growth decreases when the number of wet days and the number of days with extreme rainfall increase. Kochi: As the world becomes warmer, India will lose more than 101 billion hours of...
More »Show commitment to equity in the Budget -Aruna Roy and Nikhil Dey
-The Hindu The Government needs to stop India’s avalanching slide into a grossly divided society, made worse by the pandemic On January 17, 2022, Oxfam International presented its annual global “Inequality Report”. Titled Inequality Kills, the report calculated and presented the quantum growth in wealth of a minuscule few, and the simultaneous impoverishment of millions of working people. During the novel coronavirus pandemic, the report reveals, more than half the world’s new...
More »Many farmers left out of PM Kisan benefits in A.P., reveals survey -P Sujatha Varma
-The Hindu ‘Neither are the reasons specified nor a resolution process put in place’ Vijayawada (Andhra Pradesh): About 15.2 lakh farmers in Andhra Pradesh are deprived of the payment instalments under the Centrally-sponsored ‘PM Kisan Samman Nidhi’ that provides input subsidy to them. As part of the scheme, the farmers will receive a sum of ₹6,000 per agricultural year in three instalments of ₹2,000 each and the transfer of the 10th instalment is...
More »NREGA Sangharsh Morcha demands a hike in MGNREGA Budget for FY 2022-23
-Press release by NREGA Sangharsh Morcha dated 30 January, 2022 The stress on the economy became evident, especially in the aftermath of the raging pandemic from the 7.3% contraction in GDP in 2020-21. The distress faced by poorer households has continued over a period of time with the pandemic acting as a catalyst in increasing the woes of such households. In a latest round of survey conducted by People’s Research on...
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