-The Hindu On inflation, the Chief Economic Adviser said it is expected to be range-bound and should not exceed the prescribed level. India's Gross Domestic Product (GDP) contracted by 7.3% in 2020-21, as per provisional National Income estimates released by the National Statistical Office on Monday, marginally better than the 8% contraction in the economy projected earlier. GDP growth in 2019-20, prior to the COVID-19 pandemic, was 4%. The Gross Value Added (GVA)...
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Extremely severe Tauktae lashes India's western coast
-Hindustan Times The India Meteorological Department (IMD) labelled the storm as “extremely severe”, upgrading it from “very severe” earlier. The cyclone battered Mumbai with wind speeds of up to 114 kmph, causing the suspension of operations at the financial hub’s airport and flooding in many parts of the city. New Delhi/ Mumbai: Hundreds of thousands of people were evacuated on Monday, with Electricity supply and transport services badly hit as the most...
More »Bihar farmers question government decision to end diesel subsidy for them -Mohd Imran Khan
-Down to Earth Power supply in villages still uncertain, they say Farmers in Bihar have questioned the state government’s decision December 21, 2020, to end subsidy to them for diesel, which has been around for almost a decade, on the grounds that rural areas of the state are receiving sufficient power. Farmers in the state told this reporter that the reasons given by the government for rescinding the subsidy did not make sense....
More »New Welfarism of Modi govt represents distinctive approach to redistribution and inclusion -Abhishek Anand , Vikas Dimble and Arvind Subramanian
-The Indian Express Traditional redistribution, which aims to deliver on intangibles like health and education, has ceded to a distinctive ‘New Welfarism’, where Centre is demonstrably providing tangible essentials to citizens The recently released fifth round of the National Family Health Survey (NFHS-5) provides reliable and independent evidence to assess micro-development performance under this government. The survey covers many dimensions of health, nutrition, and the overall quality of lives. Here we focus...
More »Farmers want better APMCs, not ‘mukti’ from them, says AIKMS
-The Hindu The document argued that the diesel cost had been raised tremendously by the present government. The Left- affiliated All-India Kisan Mazdoor Sabha (AIKMS) on Sunday released a document countering the claims of the Modi government on the three contentious farm laws, saying that the government’s arguments for not repealing the legislations were “deceptive” and “untruthful”. It also accused the government of propagating “falsehood” to claim that the laws would help...
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