-Newsclick.in With wheat stocks at a 14-year low and procurement at a 20-year low, how is the ration system going to deliver this staple to crores of people? At the end of June this year, government procurement of wheat was about 188 lakh tonnes, dramatically down by 57% from last year’s 433 lakh tonnes, as per official figures. This is the lowest procurement amount in the last two decades. It was back...
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Prof YP Sundriyal, leading geologist who teaches the subject at the Hemavati Bahuguna Garhwal University, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in As landslides plague Garhwal Himalayas, geologist YP Sundriyal says it confirms scientists’ fear that geologically weak areas will destabilise during monsoons. Leading geologist Prof YP Sundriyal teaches the subject at the Hemavati Bahuguna Garhwal University. In this interview with NewsClick, Sundriyal, who specialises in the Garhwal region of the Himalayan range, expresses concern about the rising frequency of landslides. He believes the government must set up a special fund to maintain...
More »Retail inflation eases in June to 7.01%, but still above RBI’s upper LIMit -Zia Haq
-Hindustan Times Food price index leapt 7.75% in June on the back of a global spiral in commodity prices, slightly lower than 7.97% in May India’s retail inflation marginally eased for the second month in a row to 7.01% in June from a year ago, official data on Tuesday showed, but consumer prices, which rose 7.04% in May, continued to breach the Reserve Bank of India’s upper LIMit of 6% for the...
More »Retail inflation eases to 7.01% in June, but remains above RBI's target band -Meghna Sen
-Livemint.com For the sixth month in a row, the retail price inflation stayed well above the RBI's upper tolerance LIMit of 6% India's retail inflation eased slightly to 7.01% in June against 7.04% in the previous month, government data showed today. However, in June 2021, the retail inflation stood at 6.26%. The consumer price-based inflation (CPI) has breached the upper LIMit of RBI's tolerance band, ranging from 2-6%, for the sixth consecutive...
More »Sri Lanka crisis: Why more countries are facing similar economic turmoil -Darpan Singh
-IndiaToday.in The economic crisis is not LIMited to Sri Lanka. From Europe to Asia to Africa, many emerging economies are slipping into chaos. Here is the why and what next. Sri Lanka's President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe have said they will resign for an all-party interim government to take over. Thousands of demonstrators entered the palaces of both men in Colombo over the weekend as the bankrupt island nation...
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