-The Telegraph Unlike 2013, the pressure on the rupee will endure This month, the rupee’s weakening trend has occupied our attention. Media reports have relentlessly focused on its fall to a ‘lifetime-low’ on a daily frequency. The authorities, on their part, have centred on measures to ease the mounting pressures up on the currency. Memory of the 2013‘taper tantrum’ is fresh in minds and has spurred a series of actions to prevent...
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Why the American Argument Against India's Food Subsidies Is Deceptive at Best -Biswajit Dhar
-TheWire.in India is being targeted using a deeply flawed methodology that the WTO has prescribed for estimating subsidies arising from market price support. On July 1, a dozen US Congressmen wrote a letter to President Joe Biden, asking him to hold India to account for its decades-long violation of commitments made to the World Trade Organisation (WTO). Their contention was that India had been providing minimum support prices to its farmers in violation...
More »How Delhi's Construction Workers Were Failed by Their Government-Run Welfare Board -Himanshu Upadhyaya
-TheWire.in A recent CAG report paints a sobering picture of the Delhi Building and Other Construction Workers’ Welfare Board's performance. A recently tabled Comptroller and Auditor General (CAG) report has raised critical questions over the functioning of the Delhi Building and Other Construction Workers’ Welfare Board. Let’s start with the most startling revelation. According to the national auditor, the welfare board, which comes under the Delhi government’s labour department, spent a meagre Rs...
More »Retail inflation eases in June to 7.01%, but still above RBI’s upper limit -Zia Haq
-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper limit of 6% for the...
More »Hemant Soren claims credit for no starvation death -Animesh Bisoee
-The Telegraph CM says Jharkhand government is focused on reaching out to last mile with welfare schemes Jamshedpur: Jharkhand chief minister Hemant Soren reminded people of the starvation deaths during the erstwhile BJP-led government and patted his own government as nobody died of hunger even during the Covid lockdown. Addressing a gathering at Godda on Wednesday evening, Soren said the development works done during the “double engine” government (a term used by his...
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