-The Hindu The inflows during 2020-21 have not been in sync with the Government’s PRIorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...

-Newsclick.in Modi government has been mercilessly hiking up taxes on petrol and diesel to take money from the people and boost its resources. Since the PRIces of petroleum products were deregulated some years back and supposedly “linked” to markets, the central government has weaponised this to simply impose an indirect tax burden on the people. Take the four big metros: Delhi, Mumbai, Kolkata and Chennai. On an average, petrol PRIces have increased from...

-TheCitizen.in The Farmers’ agitation starting November 26 2020, was against three Farm Laws. The Essential Commodities Amendment Act, 2020, (ECA Act) is one of them. ECA Act amends the Essential Commodities Act, 1955, (EC Act) enacted “in the interest of the general public, for the control of the production, supply and distribution of, and trade and commerce”, and more precisely, “for controlling the rise in PRIces or preventing the hoarding of any...

-Newslaundry.com The state’s River Training Policy appears designed to allow near unfettered mining of sand and boulders by PRIvate contractors, bypassing green clearance and scientific assessment. In November 2020, a few months before floods ravaged Uttarakhand, the deputy collector of Purnagiri in Tanakpur district announced an open auction of tenders to desilt the riverbed in Champawat’s villages. Tenders for government work usually seek the lowest bidder, the contractor willing to do the job...

-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global PRIces are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him...