-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...
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Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal: Govt tells Parliament
-PTI/ Business Standard "The total export of wheat in terms of quantity during 2021-22 (till 21st March 2022) was 70.30 LMT" The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday. As both Ukraine and Russia are major exporters of wheat with more than 25 per cent total share in the global wheat...
More »Poverty rose but income inequality fell -Anup Malani Arpit Gupta, and Bartek Woda
-The Hindu There are signs that this pandemic has not followed the usual script — of the poor bearing the brunt of the pain COVID-19 has upended Indian society. Over two-thirds of the country has been infected by COVID-19 and perhaps five million or so people have died, directly or indirectly, from the pandemic. The economy too has taken a beating. Even though there has been a V-shaped recovery, output remains about...
More »How Will India Fare in the Brewing Global Food and Fertiliser Crisis? -Kaushal Shroff
-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...
More »India’s water management programmes haven’t cultivated water security or meaningful livelihoods -Nidhi Batra
-India Spend/ Scroll.in These programmes should look at skilling the workforce for paid jobs rather than unpaid, part-time volunteers. Central government programmes on water emphasise groundwater management by the community in a decentralised manner but, by and large, these schemes are silent on the availability, training and deployment of a skilled workforce for this task, especially in rural areas. Water management at the most decentralised, local levels is often a part-time, volunteer or...
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