-Hindustan Times India’s Public Distribution System (PDS) after the enactment of the National Food Security Act (NFSA) promises 5kg foodgrain per persons at a highly subsidised cost of ₹3/kg for rice, Rs.2/kg for wheat and Rs.1/kg for cereals. The government will stand to lose this revenue after the decision to make PDS entitlements free. New Delhi: On December 24, the Union government announced a rejig of India’s food security programme. It has...
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Himachal CM seeks return of money deposited for New Pension Scheme from Centre -Gaurav Bisht
-Hindustan Times The Himachal Pradesh government has written to the Centre asking for a refund of the money deposited for the New Pension Scheme, chief minister Sukhvinder Singh Sukhu announced on Wednesday. Shimla: The Himachal Pradesh government has written to the Centre asking for a refund of the money deposited for the New Pension Scheme (NPS), chief minister Sukhvinder Singh Sukhu announced on Wednesday, moving another step closer to fulfilling the poll...
More »CAD doubles to all-time high of $36.4 billion in Q2, up nearly 4 times on year
-The Hindu Business Line Trade deficit, primary INCome outweighed services surplus: ICRA India’s current account deficit (CAD) doubled sequentially to an all-time high of $36.4 billion in Q2 FY23 from $18.2 billion in the previous quarter, and was nearly four times higher than the $9.7 billion posted a year ago. CAD for FY22 was at $38.77 billion. The Q2 CAD was equivalent to 4.4 per cent of the country’s GDP as against 2.2...
More »We did not manage to double the INCome of Indian farmers -Himanshu
-Livemint.com Multiple surveys indicate that we not only missed that goal but our rural economy is in deep distress On 28 February 2016, at a farmer rally in Bareilly, Uttar Pradesh, Prime Minister Narendra Modi announced the government’s intention of doubling the INCome of farmers by 2022, a year marking 75 years of India’s independence. That it was not just political rhetoric but a real project was evident from the follow-up. An...
More »1,53,972 people killed in road accidents in India in 2021 -Varun Singh
-IndiaToday.in While 56,007 people died in accidents on national highways, there were 37,963 deaths on state highways and 60,002 deaths on other roads. In Short * Road accidents INCreased by 12.6% y-o-y in 2021. * Fatalities and injuries rose by 16.9% y-o-y and 10.39% y-o-y, respectively. * At least one out of 10 people killed on roads across the world is from India. India witnessed as many as 4,12,432 road accidents in 2021 in which 1,53,972...
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