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After diesel, fertilisers to take toll on farmers; IFFCO hikes prices by 45-58% -Harish Damodaran and Harikishan Sharma

-The Indian Express A 50-kg bag of di-ammonium phosphate (DAP), the most widely consumed fertiliser in India after urea, will cost farmers Rs 1,900, more than 58 per cent higher than the existing RATe of Rs 1,200/bag. In the midst of Assembly elections in West Bengal and ongoing protests against the Centre’s farm laws, the country’s largest fertiliser seller – Indian Farmers Fertiliser CoopeRATive (IFFCO) – has steeply raised prices of nutrients. A...

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During COVID-19 pandemic, India’s debt to GDP RATio increased from 74% to 90%, says IMF

-PTI/ The Hindu In 2020, fiscal policy also contributed to mitigate falling economic activity and employment. India’s debt to GDP RATio increased from 74% to 90% during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80% as a result of the country’s economic recovery. Paolo Mauro, Deputy Director, IMF’s Fiscal Affairs Department told reporters at a news conference here on Wednesday, “In the...

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The alchemy of anti-incumbency -Varghese K George

-The Hindu Mamata Banerjee’s assumption that Bengali nationalism could block anti-incumbency and Hindutva may be optimistic The Trinamool Congress (TMC) government in West Bengal is a unique specimen in understanding anti-incumbency. Welfare schemes that usually make incumbents popular have added to the anti-incumbency woes of Chief Minister Mamata Banerjee, as the workers of her party made those the easy and only option for rent-seeking. ‘Cut money’, or the cut for TMC local...

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The pillars of an equitable post-COVID India -S Mahendra Dev

-The Hindu In the post-pandemic world, addressing inequality is key to sustaining growth and well-being COVID-19 in the last one year has once again reminded us of the growing inequalities in India. A recent Pew Research Report shows that India’s middle class may have shrunk by a third due to the novel coronavirus pandemic while the number of poor people earning less than ₹150 per day more than doubled. The Pew report...

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Hand pump buried in sand, temple without deity: Seven villages start vanishing from Odisha map -Aishwarya Mohanty

-The Indian Express Today, Satabhaya is an island of sorts. For all facilities, including RATion, those left behind have to cross a 5 km stretch that includes a narrow unpaved road and a small creek inhabited by crocodiles. Satabhaya (kendrapara): This 17-km stretch along the coast in Odisha’s Kendrapara district, which was once home for nearly 700 families, now stands in solitude, a vast expanse covered in sand as far as the...

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