-Scroll.in The figures breached the tolerance band of the Reserve Bank of India’s Monetary Policy Committee Retail inflation rose to 7.35% in December from 5.54% the month before, government data showed on Monday. The rate of inflation exceeded the tolerance band of the Reserve Bank of India’s Monetary Policy Committee, Bloomberg reported. At the current level, retail inflation is at its highest since July 2014. Inflation was pushed up by a rise in...

-The Hindu Nobel laureate Abhijit Banerjee says the deficit numbers are a bit imaginary, not a big deal if breached Mumbai: Nobel laureate Abhijit Banerjee has said that he would not back fiscal tightening in the current economic environment. Prof. Banerjee added that the real constraint to the state of education in the country in the current climate of economic slowdown was not lack of money, but the lack of attention paid to...

-The Indian Express There is deliberate ambiguity regarding citizenship laws and policies, their implementation. These threaten to undermine the basic values of the Indian Constitution. Rattled by the widespread agitation against the Citizenship Amendment Act, which, coupled with the National Register of Citizens, is rightly seen as the first concrete step to establish a Hindu Rashtra. Prime Minister Narendra Modi claimed at Ramlila Maidan that there is no move by the government...

-The Indian Express In Odisha, procurement of paddy during the ongoing 2019-20 Kharif Marketing Season (KMS) is, for the first time, being done from registered farmers only after Aadhaar-based biometric authentication. FIRST IT was fertilisers, where the NDA government made disbursal of subsidy conditional upon actual sales to farmers getting registered on PoS (Point of Sale) machines in retail outlets. That reform measure — to ensure that the benefit of minimum support...

-The Indian Express “At a time when the economic situation in the country warrants the closest attention of the government, India can ill afford a situation where the citizenry and the government enter into confrontation on the roads,” said the letter. New Delhi: As many as 106 retired bureaucrats on Thursday issued an open letter, saying both NPR and NRC were “unnecessary and wasteful exercises” that will cause hardships to public. The...