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Centre's April-November fiscal deficit Rs 9.78 lakh crore, 58.9% of FY budget estimate

-Moneycontrol.com The Centre is targeting a fiscal deficit of Rs 16.61 lakh crore for the current financial year, or 6.4 percent of the GDP. In the April-November period of FY22, the fiscal deficit was 46.2 percent of the full year target. The central government's fiscal deficit widened to Rs 9.78 lakh crore in April-November period, accounting for 58.9 percent of the full-year target, data released on December 30 by the Controller General...

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India’s food surpluses are marginal -Siraj Hussain

-Moneycontrol.com To become a reliable exporter, India needs to adopt climate-resilient technologies and a digital system of traceability of agricultural produce The success of the green revolution and the use of technology in agriculture made India a nation surplus in some crops. This enabled India to emerge as a large exporter of rice and sugar. In the following years, wheat was also exported, although Indian wheat was mostly uncompetitive in the global...

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Withdrawing PMGKAY a regressive step, cuts the foodgrain entitlement by half: Right to Food Campaign

-The Hindu On December 23, 2022, the Union government announced that it would discontinue the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) from January 1, 2023.  Withdrawing the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), under which an extra 5 kg of free foodgrains was provided to every ration card holder in addition to the entitlement under the National Food Security Act, is a regressive step and will force poor families to...

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Tracking employment data in ’22 as jobs return 2 yrs after Covid -Abhishek Jha

-Hindustan Times Since the Covid-19 pandemic started in 2020, economies all around the world have learnt that they must balance lives and livelihood to survive. Since the Covid-19 pandemic started in 2020, economies all around the world have learnt that they must balance lives and livelihood to survive. In 2022, India got the first part of this act almost right, due to both the natural trajectory of the pandemic and widespread adult...

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Highest share of CSR funds went to education in 2016-21: Data -Saubhadra Chatterji

-Hindustan Times India Inc. has utilised the highest share of its mandated Corporate Social Responsibility (CSR) fund in the education sector, followed by health and rural development between FY16-17 and FY20-21, according to data available with the Union ministry of corporate affairs. During these five financial years, the education sector received ₹29,918 crore in CSR funds. The health sector received ₹2,0716 crore, and rural development and related schemes got ₹9,820 crore, the...

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