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Dozens of scientists invited from abroad go unpaid -GS Mudur

-The Telegraph With the funds blocked, I’ve been unable to pay some suppliers who want to be paid before they supply again, says a scientist Dozens of scientists who had been invited from positions abroad to join academic institutions across India under a prestigious government fellowship have not received research grants or salaries for months, the fellows and other scientists have said. The delay in the release of funds for the Ramalingaswami Fellowships,...

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Bengaluru rains: How rampant corruption led to massive encroachment on lakes -Prathima Nandakumar and Abhinav Singh

-TheWeek.in Immediate steps needed to protect city's image One night of relentless rain, and even the richest tech bosses were stranded in knee-deep waters in their plush homes, looking for coracles to reach safety. According to the India Meteorological Department, Bengaluru received 370mm of rainfall this August (131.66mm on August 30), falling just short of the all-time record of 387mm in August 1998. This day was expected. Over the years, rampant corruption in...

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Amid dollar crunch, Pakistani importers head towards grey market for transaction

-Livemint.com After extreme rain and severe flooding, Pakistan is dealing with acute food shortage. Moreover, dollar crunch has kept Pakistani food importers at mercy of grey market Extreme floods might not be a problem for Pakistanis anymore, but acute food shortage and drying forex reserve have made Pakistani food importers vulnerable to the grey market for payments. Under the grey market, the commodities are traded through markets that are unauthorised by the manufacturers....

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Is Food Inflation in India Driven by Demand or Supply? -Deepanshu Mohan, and others

-TheWire.in While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022. Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices skyrocketing to unprecedented levels. Even industrially developed nations like the US, Canada, and the Eurozone, which experienced decades-long of stable price levels have struggles to...

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Low Incomes Haunt India’s Growth -Subodh Varma

-Newsclick.in Three transformative steps could dramatically change this dire situation – provided Modi Govt. has the will to take them. Wage growth of households has declined from 8.2% in 2012-2016 to 5.7% in 2017-2021, according to a fresh study by a ratings agency. It will actually be even lower – around 1% - if inflation is taken into account. This slowing down of wage growth has happened in both rural and urban...

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