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Profound changes -Renu Kohli

-The Telegraph Risks and rewards of a green transition At the CoP26 in Glasgow, India pledged to net-zero carbon emissions by 2070, with specific commitments at a shorter horizon to obtain half its energy from renewables and lower the carbon intensity of the economy by at least 45 per cent from 2005 levels as well as the total projected carbon emissions by one billion tonnes by 2030. The commitment to a low-carbon...

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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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Farming became costlier between crop years 2012-13 and 2018-19, shows the latest available NSO data

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

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No money left in MGNREGA coffers; 21 States in the red -Priscilla Jebaraj

-The Hindu States creating artificial demand, says official; workers pushed into ‘forced labour’ by delayed payments, say activists The Centre’s flagship rural employment scheme has run out of funds halfway through the financial year, and supplementary budgetary allocations will not come to the rescue for at least another month when the next Parliamentary session begins. According to its own financial statement, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme shows...

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Hurdles ahead for One Nation One Ration Card scheme -Sameet Panda

-GaonConnection.com The One Nation One Ration card scheme was launched in June 2019 to reform the Public Distribution System (PDS). However, close to 100 million people are estimated to be excluded from the PDS. There are several other challenges in the new scheme that need to be addressed. The condition of migrant workers suddenly shot to the limelight in the early stages of the COVID-19 pandemic as hundreds of thousands of migrants...

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