-The Hindu The year 2023 has been declared as the ‘International Year of Millet’ by the United Nations following India’s proposal. Why is India pushing the world to bring these nutri-cereals back to the dining table? The story so far: The Centre on Sunday kicked off the International Year of Millets, announcing a host of activities across the country to promote the cultivation and consumption of the ‘nutri-cereal’. Central ministries, State governments...
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Quality fear in rules for foreign varsities -Basant Kumar Mohanty
-The Telegraph Some educationists feel that the proposed regulations might turn higher education into a purely commercial venture New Delhi: Foreign universities ranked globally among the top 500 or other foreign higher education institutions considered “reputed” can set up campus in India and decide their fees, according to the University Grants Commission’s draft rules that also appear to suggest these institutions can repatriate their profits. Some educationists fear that the proposed regulations, uploaded...
More »Why India’s Balance of Payments is Headed for Hard Times -Prabhat Patnaik
-Newsclick.in The yawning merchandise trade deficit is occurring not because of any economic boom but in the midst of creeping industrial stagnation. India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion, which is 4.4% of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current account deficit...
More »Global Economy: In 2023, Central Banks Will Have to Battle Inflation Amid Political Obstacles -Steve Schifferes
-TheConversation.com/TheWire.in With the cost-of-living crisis now at the top of the public’s agenda in many developed countries, the setting of interest rates has ceased to be just a technical matter and has instead become highly political. Where is the global economy heading in 2023? After all the challenges of last year, it’s a question we ask with trepidation. Just as the economy was dealing with the ongoing effects of the COVID-19 pandemic,...
More »India seeks discount in rare one-year urea import tender, say sources -Nidhi Verma
-ThePrint.in New Delhi: India has issued a global urea tender asking producers to quote a discount for the supply of 600,000 tonnes of urea, industry sources said and a document shows, as the nation seeks to cut import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually imports urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...
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