-Business Standard IIP shrinks 0.8% in Aug - a first in 17 months In a double whammy for the Indian economy, the retail inflation rate shot up to a five-month high in September, while factory output contracted after a gap of 17 months in August. This could force the Reserve Bank of India (RBI) to hike the repo rate yet again in December. Data released by the National Statistical Office showed that consumer...
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Inflation accelerates to 7.41%, highest since April -Vikas Dhoot
-The Hindu September food inflation quickens sharply to 8.41%, the steepest level in 22 months; economists warn that the negative surprise could spur more rate increases from the Reserve Bank of India India’s retail inflation accelerated to 7.41% in September from 7% in August, with food price inflation surging sharply from 7.62% in August to 8.6% in September, the National Statistical Office (NSO) said on Wednesday. At 7.41%, September’s retail inflation level is...
More »India's retail inflation rises to 5-month high of 7.41%, industrial activity contracts -Meghna Sen
-The Telegraph Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August Driven by rising food prices, India's retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This...
More »2 out of 29 Information Commissions are defunct, finds a report by Satark Nagrik Sangathan
-Press release by Satark Nagrik Sangathan dated October 11, 2022 Tomorrow (October 12, 2022) marks 17 years of implementation of the RTI Act in India. The law has empowered millions of people to seek information and hold the government accountable. Under the RTI law, information commissions are the final appellate authority and are mandated to safeguard and facilitate people’s fundamental right to information. Information commissions (ICs) have been set up at...
More »Three lakh and counting: RTI pleas pile up at information commissions -Sreeparna Chakrabarty
-The Hindu Vacant posts, inadequate members take a toll on the transparency regime A good 17 years after India got the Right to Information (RTI) Act, the transparency regime in the country remains a mirage with nearly 3.15 lakh complaints or appeals pending with 26 information commissions across India. According to a report by the Satark Nagrik Sangathan, the backlog of appeals or complaints is steadily increasing in commissions every year. The number of...
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