-Newsclick.in Measures announced by the finance minister are mere concessions to industry lobbies and Stock market, and don’t address lack of demand. The raft of measures announced by India’s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don’t even address the key problems of lack of purchasing power with the people and raging unemployment. It’s rearranging the furniture when the house is...
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19.8 tonnes mid-day meal rice seized from ISKCON premises
-The Hindu After repacking, the stock was supposed to be transported to Kakinada, say vigilance officials VISAKHAPATNAM: Acting on reliable information about the alleged diversion of rice provided by the government for mid-day meal scheme, a team of officials from the vigilance and enforcement, and civil supplies departments conducted a surprise check on the ISKCON premises at Sagar Nagar in the city on Monday night and seized 396 bags of rice weighing...
More »Tur dal price jumps 20% in past 2 months, hits Rs 100/kg in retail -Dilip Kumar Jha
-Business Standard Unlikely to rise further as the government allowed imports, release stock held by Nafed Mumbai: With its price shot up sharply in the last few weeks, tur dal has started slipping out of consumers’ plate steadily. Data compiled by the Union Ministry of Food, Consumer Affairs and Public Distribution showed the maximum tur dal prices across the country is at Rs 110 a kg on higher side and average or model...
More »On CMs' table today: Plan to revamp permit-raj food laws -Ravish Tiwari
-The Indina Express The proposal holds significance given that the EC Act arms the government with powers to impose stock limits and movement restrictions on agricultural commodities. New Delhi: Arguing that the Essential Commodities Act, 1955, was framed during the era of food scarcity, the NITI Aayog has proposed that the Act be scrapped because it is an “impediment in the free movement of commodities” given that the country is now...
More »GDP scare
-The Hindu Business Line Fears over shell companies inflating the GDP are overdone, but the CSO needs to be more transparent in its methods Just as the dust was settling on the controversy over the Centre deferring the release of NSSO’s labour force survey which showed unemployment numbers in an unflattering light, a new one has broken out on the veracity of the MCA-21 database used in GDP calculations. The economic commentariat...
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