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Number theory: Knots in India-China trade data -Surendar Singh and Ram Singh

-The Hindu Business Line Under-invoicing of Imports is just one part of the story. Data asymmetries have many other factors. The trade data mismatch of India and China has attracted wide coverage from both electronic and print media. This mismatch is attributed to ‘under-invoicing’ by Indian Importers for the Imports originating from China. There is mismatch of $12 billion with China reporting its exports to India over $103 billion. Indian agencies, on the...

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Punjab, Haryana can hedge India against climate-induced food shortages. See data - Siraj Hussain and Shweta Saini

-ThePrint.in The two states earned a lot of flak during the farmers’ agitation for demanding continuation of the existing system of APMCs and MSP operations. The global events of the last one year, especially during the Russia-Ukraine war, have again shown the Importance of food security to the world. It is critical for India too as it has to provide food to a large population of about 1.39 billion people. Punjab and...

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Gujarat High Court asks how Morbi bridge work was awarded without a tender -Mahesh Langa

-The Hindu ‘This (2008) agreement is one-and-a-quarter pages, absolutely without any conditions...by way of an understanding, largesse of the State for ten years, and no tenders floated, no Expression of Interest,’ notes Division Bench The Gujarat High Court on November 15, 2022 asked how the Morbi bridge’s repair work was awarded to the Oreva Group without a tender, while hearing a suo motu petition on the colonial era bridge collapse tragedy in...

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India’s Urban Infrastructure Needs to Cross $840 Billion Over Next 15 Years: New World Bank Report -

-Press release by World Bank dated November 14, 2022 NEW DELHI: A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs of its fast-growing urban population. The report, titled “Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action” underlines the...

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Critical to cut edible oil Imports — Modi govt makes strong pitch for GM mustard in SC -Bhadra Sinha

-ThePrint.in In an affidavit filed before Supreme Court, environment ministry has said domestic production of GM Mustard will reduce India’s dependency on other countries to meet domestic demand. New Delhi: Defending the clearance given last month to the environmental release of Genetically Modified (GM) Mustard, the central government told the Supreme Court that the deployment of GM Mustard hybrids will contribute to India’s self-sustenance in the production of edible oil and shall...

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