-The Hindu Being fiscally conservative resulted in a rise in extreme poverty, with there being no signs of any course correction A recent World Bank report, titled “Correcting Course”, captures the impact of the COVID-19 pandemic on global poverty. The number of people living in extreme poverty rose by seven crore million in 2020, as the global poverty rate rose from 8.4% in 2019 to 9.3% in 2020. This is the first...
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Bihar agrarian crisis : Why crores in diesel Subsidies may not be the answer -Zumbish
-Down to Earth Funds allocated in July for diesel subsidy haven't reached many farmers yet; irrigation projects needed, say locals The agriculture department of the Bihar government has allocated Rs 100 crore in diesel subsidy October 14, 2022 to help distressed farmers get diesel subsidy. The plan announced in a public address by the newly appointed agriculture minister of the state, Kumar Sarvajeet, is in line with the state’s action plan to help...
More »Residential Rooftop Solar Installations May Increase by Around 60% By FY23-End: Report -Aathira Perinchery
-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...
More »A re-look at production-linked incentives -Prashanth Perumal J
-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with...
More »Opinion: Food Insecurity - The Story That Won't Make Prime Time News -Derek O'Brien
-NDTV.com Here's a story that won't make the 9 pm news. As per reports in a few regional language newspapers (yes, they still have The Spine), the Union is proposing an increase in the prices of rice, wheat and cereals sold through the National Food Security Act (NFSA) by Rs.7 per kg for Priority Households (PHH). Apparently, NITI Aayog has even recommended that the Food Ministry increases the price for sale to...
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