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80% foreign medical graduates fail India’s licence exam. Here’s what they end up doing instead -Kritika Sharma and Abantika Ghosh

-ThePrint.in In 2019, 25.79% Indians cleared Foreign Medical Graduate Exam, a test aspirants with degrees from certain countries need to clear for practise in India. Figure was 14.68% in 2020 and 23.83% in 2021. New Delhi: Every year, thousands of Indians with medical degrees from foreign universities appear for the Foreign Medical Graduate Exam (FMGE) — a screening test conducted by the National Board of Examination (NBE) and mandated by the National...

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How the Crude Oil Price Spike Will Upend India's Fiscal Balancing Act -Kaushal Shroff

-TheWire.in India will have to brace itself for an inflationary shock that will only serve to bludgeon a COVID-ravaged economy. Russia’s offensive refuses to pause. Since February 24, a little over 2.3 million Ukrainians have fled seeking a safe haven while the Russian army is upping the stakes and making the war exponentially dirtier by attacking civilian enclaves, non-military infrastructure and even hospitals. On March 10, Russia retaliated to the banking, business and...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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India used more coal power in 2021 than 2020, which could delay its climate goals: IEA -Rohini Krishnamurthy

-Down to Earth China and India might be some of the countries where the green transition may also be slowed down because Russia would shift their energy exports to them, experts say India used 13 per cent more coal to generate electricity in 2021 than the previous year, given the COVID-19 pandemic, according to a recent analysis from the International Energy Agency (IEA). This figure is going to increase in the future,...

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India’s new budget: much fanfare, missed opportunity -Happy Pant and Sarah Farooqui

-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world  have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...

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