There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...
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E-rupee transactions will not be tracked
-The Telegraph Many experts, INCluding former RBI governor D Subbarao, have flagged concerns over the privacy aspect of CBDC Mumbai: The RBI on Wednesday said the central bank digital currency (CBDC) will remain anonymous and regulations that are applicable to paper currency will prevail on the e-rupee. Earlier this month, the RBI had begun a pilot for the retail digital rupee after it launched another project for wholesale digital rupee among financial institutions. Many...
More »Open Field Tests of GM Mustard Need to be Conducted with Utmost Precaution: AIPSN
-The Hindu “It would have been better if seed production trials take place in a controlled rather than in an open environment so as to assess various risks before conducting open field trials,” read a statement by the AIPSN. Following the go-ahead for production and field testing of hybrid seeds of genetically modified (GM) mustard, All-India Peoples Science Network (AIPSN) has demanded that the open field tests, if any, be conducted with...
More »Odisha, Madhya Pradesh, Chhattisgarh get lion’s share of roads under PMGSY -Radheshyam Jadhav
-The Hindu Business Line Rural ministry data shows 7,21,362 km roads completed under PMGSY, as on December 1, 2022 Out of 2,20,570 km of roads constructed under the Pradhan Mantri Gram Sadak Yojana (PMGSY) scheme in the last six years (INCluding the current year), 1,54,120 km, or 70 per cent, has come up in 10 States, with Odisha, Madhya Pradesh and Chhattisgarh getting the lion’s share. A total of 7,98,739 km of road...
More »5-fold rise in Jharkhand rural beneficiaries -Animesh Bisoee
-The Telegraph A total of 16,71,724 rural families were provided livelihood by connecting them with Sakhi Mandals during the Covid pandemic between 2020 and 2021 Jamshedpur: There has been a five-fold INCrease in the number of rural families connected to livelihood projects of the Jharkhand government in the last three years of the Hemant Soren-led JMM-Congress-RJD alliance government. According to data shared by the state public relation department on Tuesday evening, between 2012...
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