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No decision yet on extending PMGKAY beyond Dec: Food subsidy to cross Rs 3 trillion this fiscal -Sandip Das

-Financial Express 2022-23 expenses likely to be the second highest since FY21 The government’s food subsidy expenses in the current fiscal are likely to cross Rs 3.1 trillion, up 50% from the outlay made at the beginning of the year. Sources told FE that the estimated food subsidy expenses in 2022-23 would be the second highest since FY21, when the finance ministry had made a provision of Rs 5.4 trillion, of which Rs...

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Explained | What is India’s future strategy on emissions? -Jacob Koshy

-The Hindu Is the use of nuclear power and hydrogen critical for India to transition to a carbon neutral Economy. Besides the use of electric vehicles, what are some of the other plans on the anvil to help the country achieve net zero by 2070?   The Climate Change Conference (COP27) at Sharm el-Sheikh was to end on Friday but the deadline was extended to the weekend because there were divisions among member...

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Can India Seize the Demographic Advantage? -Jayan Jose Thomas

-TheWire.in If India is to seize the advantage of its burgeoning young workforce, it needs to strategically implement economic and industrial policies. There is a new urgency in India to create jobs for the rapidly growing number of young people set to enter the workforce in the next two decades. India will account for 20 percent of the worldwide increase in the working-age population over the two decades from 2020. Projections from the...

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Global Hunger Index: Misplaced Debate and Ignoring Priorities -Achin Chakraborty and Simantini Mukhopadhyay

-The India Forum The annual public debate over the poorly constructed Global Hunger Index is all hot air; in the process the critical issue of child undernutrition in India, where authentic data is available showing very slow improvement, gets ignored. In the seminal book An Uncertain Glory: India and its Contradictions, Jean Drèze and Amartya Sen lamented that "social failures that are of enormous importance for development" received scant attention in public...

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Demonetisation has Been an Utter Failure on all Fronts -Prabhat Patnaik

-Newsclick.in None of its stated objectives have been met and the entire exercise has turned out to be a mere act of converting old notes into new ones, at great inconvenience to the people. 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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