-The Hindu They have not got many of the benefits that the new laws threaten to take away. As the movement against the agricultural reform laws builds towards its one year anniversary, it is clear that the bulk of farmers in eastern Indian States have not been as motivated to join the agitation as their counterparts in the northwest, as they have not even experienced many of the benefits that the laws...
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Rising crude oil prices further burdens Indian consumers -Vignesh Radhakrishnan, Sumant Sen and Jasmin Nihalani
-The Hindu The Centre has raked in nearly Rs.16 lakh crore through excise duty on petroleum products between FY15 and FY21 In India, crude oil prices have risen to a near three-year high. Subsequently, the retail prices of petrol and diesel, which were already high due to heavy tax rates, became higher in India. Notably, in recent times, whenever crude prices have been on the rise, the burden has been passed on...
More »Oil Ministry mulls reinstating subsidised LPG prices, survey in progress -Twesh Mishra
-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...
More »NREGA Sangharsh Morcha demands higher wages, more working days, employee insurance in letter to PM
-National Herald It has requested Union government to notify a wage rate of Rs 600 per day for NREGA workers and allocation of work for 150 days annually for each job card holding individual Flagging issues being faced by crores of MGNREGA workers, NREGA Sangharsh Morcha has requested the Union government to notify a wage rate of Rs 600 per day for NREGA workers and allocation of work for 150 days annually...
More »Retail inflation eased to 5.6% in July
-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...
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