-The Times of India NEW DELHI: The Narendra Modi government's programme to get consumers to replace less efficient CFL or incandescent lights with latest LED bulbs is gaining momentum, with the number of bulbs distributed crossing the 2-crore mark and generating annual savings of over Rs 1,000 crore. Data available with the government showed that more than 2 crore subsidized LED bulbs had been distributed under the Domestic Efficient Lighting Programme till...
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Why pulses are on fire: India's food math explained -Subodh Varma
-The Economic Times Where does a 12 per cent decline translate as 100 per cent increase? In the bizarre world of India's food math. Production of pulses slipped down by 12 per cent in 2014-15 compared to the previous year. As a result, prices of this essential item have zoomed up by more than 100 per cent across the country. The government is scrambling to retrieve the situation, especially because an...
More »Gap widening between rural and urban India -Puja Mehra
-The Hindu Rural Indians do not seem to have benefitted as much from falling inflation as their urban counterparts. While inflation has been slowing both in rural and urban areas of the country, there is a widening difference between the two as rural inflation is decelerating at a much slower pace. The resultant gap between rural and urban inflation has more than doubled over the last one year, data analysed by HSBC...
More »World Bank poverty estimates are poor, says government -Dilasha Seth
-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
More »Here’s why prices of pulses are unlikely to cool anytime soon -Sayantan Bera
-Livemint.com As long as farmers with access to irrigated land aren’t interested in growing pulses, supply and price shocks will keep haunting consumers and governments New Delhi: The centre’s efforts to contain prices of pulses during the festive season is showing few results on the ground. On Monday, retail prices of tur dal (arhar or pigeon pea) climbed to Rs.205 per kg in Mysore in Karnataka and Rs.210 per kg in Puducherry,...
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