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A cycle of low growth, higher inflation -Anand Srinivasan

-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...

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More Evidence on Why the 25% Vaccine Quota for Private Hospitals Should Be Ended -R Ramakumar

-TheWire.in The Union government may do well to appreciate that getting vaccinated and seeking private health care are two different issues and should not be conflated. When the Union government partially revised its vaccine allocation strategy on June 7, 2021, from a 50:25:25 ratio to a 75:25 ratio, it had offered a set of justifications to the Supreme Court. In its second affidavit submitted to the apex court on June 26, the Union...

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Is ethanol blending in petrol really green? -Jasleen Bhatti

-Down to Earth Aggressive sugarcane farming contaminates land, water The Union government intends to increase the amount of ethanol in the energy mix to lower the country’s dependence on imported oil and carbon footprint, as well as stabilise petrol prices.  India currently blends about 8.5 per cent ethanol in petrol. The government is targeting a 10 per cent ethanol blend by 2022 and a 20 per cent blend (E20) by 2025. E20 can save...

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Growth matters but income levels matter more -M Suresh Babu

-The Hindu India needs a sharp revival of demand for which higher per capita incomes are necessary The provisional estimates of annual national income (2020-21), released on May 31 by the National Statistical Office, did not have any surprises, but for one, that is, there is nothing encouraging in the numbers. The agriculture sector continued its impressive growth performance, reiterating that it still remains as the vital sector of the economy, especially at...

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What exactly Is the Cost of a Ventilator? Rs5.05 Lakh Being Paid to BEL or Rs2.84 Lakh Paid to Private Companies? -Yogesh Sapkale

-Moneylife.in Amid reports of malfunctioning ventilators procured with support from the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund), there is a new revelation about different prices paid to the government-owned company and other private players.    As per information obtained by Delhi-based right to information (RTI) activist, commodore (Cmde) Lokesh Batra (retd), the Union ministry of health and family welfare (MoHFW) spent Rs2,332.22 crore for buying 58,850...

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