-PTI/ The Telegraph The idea to de-recognise political parties for making promises to give irrational freebies during the polls undemocratic, says Chief Justice Ramana Observing that freebies and social welfare schemes are two different things, the Supreme Court on Thursday said a balance has to be struck between the economy losing Money and welfare measures. It also ruled out the possibility of considering a plea for de-recognising parties for making promises to give...
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India must be quick to tackle challenges of food security, land use - Himangana Gupta & Shweta Prajapati & Ruchika Singh
-Moneycontrol.com Not only population, but several other factors affect the food system, including climate risks and their impact. An IPCC report predicts up to 30 percent decline in rice yields if global temperatures continue to rise India, a country with just 2.4 percent of the world’s total land area, is the largest producer of milk and pulses, and the second largest producer of rice and wheat, as per the United Nations’ Food...
More »Sahara India Group: Rs1.12 Lakh Crore of 129.6mn Investors Remains 'Stuck', Says Govt
-MoneyLife.in Nearly 130mn (million) investors have investments of over Rs1.12 lakh crore 'stuck' in six companies of the Sahara group. Market regulator Securities and Exchange Board of India (SEBI) has been facilitating the repayment of principal and interest to the investors who invested in optionally fully convertible debentures (OFCDs) of Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL), the Union government told the Lok Sabha. In...
More »Poor monsoon does not always translate to high inflation
-Moneycontrol.com Here is a counterintuitive set of data, which indicates a decoupling of rains and inflation With the monsoon delayed in June and being unevenly distributed in July, everyone has been worrying about a fall in food production and resultant inflation. After all, we keep hearing that India’s agriculture is mostly rainfed. Then, the reasoning goes like this–poor rains equals poor harvest equals high inflation. But does poor rains really cause inflation? Here is a...
More »A 3-day dharna for the rights of the MGNREGA workers begins today at Delhi's Jantar Mantar
-Press release by NREGA Sangharsh Morcha dated August 2, 2022 During and after Covid, NREGA work has been the lifeline for more than 70 percent of the country’s population, when the cities sent back the migrants, it was NREGA that gave them the life of dignity in the rural areas. Many economists have also said that MGNREGA has continued to be the only lifeline for rural workers—one that provides work and...
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