-ANI/ DeccanChronicle.com According to the Stockholm based institute, India's military spending was up by 0.9 per cent from 2020 and by 33 per cent from 2012 Stockholm (Sweden): World military expenditure reached an all-time high of USD 2.1 trillion in 2021, the Stockholm International Peace Research Institute (SIPRI) said on Monday, adding that the top three largest spenders were the United States, China and India. "Total global military expenditure increased by 0.7 per...
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On the wheat trail: State granaries under strain, private traders make hay -Sandip Das
-Financial Express Crop loss, lower procurement to deplete FCI stocks; local supplies may suffice for PDS, free-ration schemes At Punjab’s Rajpura mandi, private traders are busy buying the wheat crop brought in by farmers at marginally above the minimum support price (MSP). Traders have been super-active in the mandi, one of the largest centres of wheat trade in the country, and their daily purchases often exceed the official procurement by the state-run...
More »Fertilizer subsidy bill set to touch record ₹1.65 trillion in FY23: Report -Gireesh Chandra Prasad
-Livemint.com A revision in nutrient-based subsidy rates is crucial to sustain credit profiles of fertiliser makers, Crisil said New Delhi: The central government’s fertilizer subsidy outgo could touch an all-time high of ₹1.65 trillion in FY23, against the budgeted ₹1.05 trillion, due to an unprecedented rise in the cost of raw materials and prices of fertilizers globally, rating agency Crisil said on Thursday. A revision in nutrient-based subsidy rates is crucial to sustain...
More »India’s excess COVID deaths statement inaccurate, says WHO technical group member -Jacob Koshy
-The Hindu India raises objections to methodology used by WHO to compute excess deaths “Inaccurate,” is how a scientist, part of a World Health Organisation (WHO) team computing the global death toll of the COVID-19 pandemic, described India’s objections to the method used. A forthcoming WHO analysis reportedly computes India’s true toll to be much higher than official estimates. The Union Health Ministry on Saturday, in response to article, “India is Stalling the...
More »What’s fuelling higher inflation in rural India? -Vikas Dhoot
-The Hindu Why are food, clothing and fuel prices higher in the hinterland? Will a good monsoon help ease the crisis? The story so far: The retail inflation rate surged to 6.95% this March — its highest level in nearly one and a half years, capping off six successive months of accelerating prices for consumers. With incremental fuel price hikes only kicking in during the latter half of March, the full impact...
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