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Coal Crisis

-The Pioneer Industrial states want to import coal to make up for the shortfall Summer temperatures are soaring and so is the power demand. Some States have already scheduled planned outages. And we are now told that the power companies face shortage of coal. Industrial states want to import coal to make up for the shortfall. That is a costly proposition beyond the reach of smaller states. Is there a coal crisis?...

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About Rs.2.51 lakh cr farm loan waived off by States since 2012: study -Prabhudatta Mishra

-The Hindu Business Line To make farmers aatmanirbhar, the governments should instead nurture a healthy credit culture and empower them via a robust ecosystem rather than relieving all the borrowers, irrespective of their distress levels. Only 4 out of the 21 political parties lost the election (either at the Centre or State) following the electoral promise and implementation of a farm loan waiver (FLW) scheme started by Haryana’s Devi Lal government. A...

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2 Crore Women in India Quit Workforce in 2017-22

-Newsclick.in More than 50% of Indians of legal working age don’t want a job due to the lack of suitable employment: CMIE More than 50% of the 90 crore Indians of legal working age, particularly women, don’t want a job due to increasing frustration of not finding the right kind of employment. The shocking data was reported by the Centre for Monitoring Indian Economy (CMIE), a private research firm in Mumbai. Between 2017...

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Why India is unlikely to double farmers' income by the end of this fiscal -Sanjeeb Mukherjee

-Business Standard The current growth in the Indian cultivator's real or inflation-adjusted income, at about 3.5 per cent, is barely a third of the growth rate required to achieve this goal Earlier this month, the Central government said in a reply in Parliament that it has taken several measures to double farmers’ income by 2022 and that the progress made so far indicates that it is ‘on the right track’. However, a closer...

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On the wheat trail: State granaries under strain, private traders make hay -Sandip Das

-Financial Express Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes At Punjab’s Rajpura mandi, private traders are busy buying the wheat crop brought in by farmers at marginally above the minimum support price (MSP). Traders have been super-active in the mandi, one of the largest centres of wheat trade in the country, and their daily purchases often exceed the official procurement by the state-run...

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