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A peek into the Modi government's (likely) budget 2023 - CNES Infosphere

- Deepanshu Mohan, Soumya Marri, Bilquis Calcuttawala, Malhaar Kasodekar, Aniruddh Bhaskaran and Hemang Sharma A pre-budget deep dive by the Centre for New Economic Studies (CNES) Infosphere team has come up with some interesting takeaways. The analysis has looked at past macroeconomic and budget trends to set the tone for Budget 2023-24. They do this by looking at capital and revenue expenditure, sectoral analysis of budget expenditure and a scheme-wise allocation...

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Scientists to ICAR: Revoke GM mustard ‘gag order’ - G.S. Mudur

The Telegraph Over 60 scientists have signed a statement accusing the Indian Council of Agriculture Research of trying to ‘silence the voices’ of public sector scientists Sections of scientists on Monday asked India’s apex agricultural research agency to revoke what they described as a “gag order” intended to prevent former government researchers from articulating concerns about genetically modified mustard. Over 60 scientists have signed a statement accusing the Indian Council of Agriculture...

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Global Economy: In 2023, Central Banks Will Have to Battle Inflation Amid Political Obstacles -Steve Schifferes

-TheConversation.com/TheWire.in With the cost-of-living crisis now at the top of the public’s agenda in many developed countries, the setting of interest rates has ceased to be just a technical matter and has instead become highly political. Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic,...

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Could India’s new data protection bill force journalists to reveal their sources? -Aditi Agarwal

-Newslaundry The Government of India has removed exemptions for journalistic work from data protection obligations in the fourth iteration of the Digital Personal Data Protection Bill 2022. If this iteration is passed as law a story containing personal data may result in journalists having to prove to a data protection board that their story was in the Public Interest, Newslaundry reported. The three previous versions - in 2018, 2019 and 2021...

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Global economy to feel the heat of monetary policy tightening: RBI Bulletin -Manish M Suvarna

-Moneycontrol.com Globally, central banks have been increasing interest rates to fight inflation. The global economy will bear the brunt of past monetary policy actions in 2023, the Reserve Bank of India (RBI) monthly bulletin said on December 20. "Emerging market economies (EMEs) appear even more vulnerable, having battled currency depreciations and capital outflows in addition to slowing growth and high inflation," Bulletin said. Globally, central banks have been increasing interest rates to fight inflation. RBI...

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