-PTI/ The Hindu The Crisil argument is based on the fact that the burden of inflation varies across different income groups, as the share of spending on food, fuel, and core categories differ across classes Extrapolating the retail inflation print for October, which inched up on-month to 4.5% from 4.3% in September, but steeply declined from 7.6% on-year, Crisil says the richest 20% of the population, who pay more on non-food or...
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38 injured as skulk of foxes attack Bengal village
-PTI/ The Hindu At least 38 people were injured in an attack by a skulk of foxes in West Bengal’s Malda district on Thursday, police said. The incident happened in Hardam Nagar village in the Harishchandrapur police station area. A skulk of 15-20 foxes attacked several houses in the village at the break of the dawn, injuring at least 40 people, as most were caught by surprise, the police said. Twenty of them...
More »Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)
-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...
More »India demands $1 trillion as ‘climate finance’ -Jacob Koshy
-The Hindu India’s NDCs are subject to the availability of this amount in climate finance, says key negotiator India has demanded a trillion dollars over the next decade from developed countries to adapt to, and mitigate, the challenges arising from global warming, and has kept this as a condition for delivering on climate commitments made by Prime Minister Narendra Modi, a senior official who is part of ongoing climate agreement negotiations in...
More »Fishery sops: India rejects WTO draft, sees advanced nation bias -Amiti Sen
-The Hindu Business Line Says small fishers need government protection; advanced nations must stop subsidising high-sea fishing India has rejected the latest draft text on curbing fishery subsidies floated by the WTO earlier this week for not adequately addressing its concerns on food security and livelihood of small fishers while including provisions that could help advanced countries perpetuate their huge doles for long-distance fishing. Please click here to read more. ...
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