-Newsclick.in Modi government has restrained spending of various ministries INCluding education, social justice, environment and others. Continuing with its policy of cutting down spending, the central government has spent only 47% of the budgeted amount by the end of September 2021. That’s half of the financial year 2021-22 gone. This is a new low (see graph below), and bizarrely, it comes at a time when tax revenues have picked up. As can be...
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Five years after demonetisation, SC still to set up a bench to hear the petitions challenging it -Umang Poddar
-Scroll.in In December 2016, the court had said the cases would be referred to a five-judge bench It took less than 24 hours for the first set of petitions to be filed against the Modi government’s demonetisation decision. Eight weeks later, at least 41 petitions had been filed in courts across the country. But five years later, nothing has happened in the petitions. Even the Supreme Court bench that was supposed to hear...
More »DAP Shortage Continues in Himachal Pradesh and Haryana, Allocations From Centre Still Short
-Newsclick.in The demand and supply gap in both states has continued despite some allocations from the Centre. The data show that there is still a requirement of 1.29 lakh MT DAP in Haryana to sow wheat and for additional agricultural needs until March 31, 2022. Farmers in Haryana and Himachal Pradesh continue to struggle due to the shortage of di-ammonium phosphate (DAP), an essential nutrient for Rabi season crops. The farmers are...
More »Richest 20% facing more inflation than poorest 20%: Crisil
-PTI/ The Hindu The Crisil argument is based on the fact that the burden of inflation varies across different INCome groups, as the share of spending on food, fuel, and core categories differ across classes Extrapolating the retail inflation print for October, which INChed up on-month to 4.5% from 4.3% in September, but steeply declined from 7.6% on-year, Crisil says the richest 20% of the population, who pay more on non-food or...
More »India's retail inflation rate rises marginally to 4.48% in October
-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal INCrease in retail inflation in October due to an uptick in food...
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