-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...
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Union budget 2022-23: Big cut in fertilisers subsidy to worry farmers -Bhagirath
-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
More »Climate and food price rise: Extreme weather events triggering unprecedented food inflation -Richard Mahapatra
-Down to Earth Unfavourable, unreliable weather hurt agriculture, in turn pushing food prices our of reach across the world At 14.23 per cent, India’s wholesale inflation rate in November 2021 was the highest in three decades. It did reduce marginally to 13.56 per cent the next month, according to government data released January 14, 2022. But even that is bad news for the Centre ahead of Assembly elections in five states, including...
More »Punjab Assembly Elections 2022: Ignoring the groundwater depletion problem -Gian Singh
-Down to Earth Blaming farmers alone won’t work; prices for crops other than paddy must be remunerative The Election Commission has announced the dates for Assembly elections in five states of the country including Punjab. The atmosphere regarding the Assembly elections is getting more and more dramatic every day. As in many previous Assembly elections, promises, claims and new promises are being made and repeated by the various political parties to win...
More »Amit Shah reaches out to Jat leaders from U.P. -Nistula Hebbar
-The Hindu RLD chief Jayant has chosen the wrong house, he says and hints that BJP is open to post-poll alliance. The BJP on Wednesday launched its big outreach programme to the Jat community of western Uttar Pradesh with Union Home Minister Amit Shah promising to “keep in mind” demands from the community for timely payment of sugar cane dues and reservation in jobs, but more importantly, keeping a door open for...
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