-Livemint.com * Caught in an economic slowdown, India’s clean energy transition is likely to go for a toss. What will be the cost? * The ongoing slowdown in economic growth and electricity demand has worsened the deep Stress in India’s renewable energy industry, sending it into a tailspin MUMBAI: In September, while speaking at the United Nations Climate Action Summit in New York, Prime Minister Narendra Modi committed to setting up 450 gigawatts...
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With Rs.40,000 cr due, States to press for urgent GST Council meeting
-The Hindu Business Line Bengal Finance Minister Amit Mitra says many States are financially Stressed The war of words over GST compensation continued between the Centre and the State governments, with West Bengal Finance Minister Amit Mitra pointing out that the dues owed to the States and three Union Territories with Legislative Assemblies total about ?40,000 crore. Please click here to read more. ...
More »Key sales numbers show rural demand may dip further -P Vaidyanathan Iyer
-The Indian Express Warning signs across FMCG, tractors & 2-wheelers, gold, real rural wages THE GOVERNMENT Friday claimed that a significant divergence in levels of consumption and direction of change prompted it to withhold the findings of the survey on household consumption expenditure for July 2017-June 2018. But all major indicators of rural demand suggest the situation has only worsened since the beginning of financial year 2019-20, and the economy is...
More »Economy under Stress: Slowdown may spill over to FY21
-Financial Express Economists see no V-shaped recovery after Q2, say any spending cut will hit growth. The economy may be in the midst of a protracted phase of slowdown and the weakness could stretch into the next fiscal, as green shoots of a recovery in key indicators — from industrial production, exports and corporate sales to non-food credit growth — are barely visible. Economists, who were earlier optimistic about a rebound in the...
More »Satellite imagery, artificial intelligence to improve farm yields in Maharashtra -Kavitha Iyer
-The Indian Express The Maha Agri Tech project attempts to mitigate agricultural risks by using data anlytics to plug gaps. Launched in January this year, the Maha Agri Tech project seeks to use technology to address various cultivation risks ranging from poor rains to pest attacks, accurately predict crop-wise and area-wise yield and eventually to use this data to inform policy decisions including pricing, warehousing and crop insurance. When farmers in...
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