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India better placed to avoid risk of stagflation: RBI officials

-The Hindu Domestic economic activity is gaining strength, write authors of Bulletin article India’s economy is better placed than many other countries to avoid the risk of potential stagflation, Reserve Bank of India (RBI) officials headed by Deputy Governor Michael D. Patra wrote in an article in the June edition of the RBI Bulletin. “Global economic conditions continued to deteriorate as ratcheting up of commodity prices and financial market volatility have led to...

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Rising Farmer Suicides Leaves Families Adrift as Vidarbha GRAPples With Multiple Crises -Deepanshu Mohan, Jignesh Mistry, Vanshika Mittal, Rishiraj Sen and Mohd. Rameez

-TheWire.in The crisis is well known and has been written about for decades now. Government intervention has taken place but little has changed. The Vidarbha region of Maharashtra consists of eleven districts: Akola, Amravati, Washim, Nagpur, Yavatmal, Wardha, Buldhana, Chandrapur, Bhandara, Gadchiroli and Gondia. As of 2012, 65% of the population living in this region was solely dependent on agriculture and allied activities for their livelihood and vocational needs. This is due to...

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Knee-Deep in Debt, Food Shortages, Depleting Foreign Reserves: How Did Sri Lanka Get Here?

-TheWire.in A foreign exchange crunch in Sri Lanka has led to a shortage of essential goods and power cuts that last up to 13 hours a day. New Delhi: Sri Lanka is GRAPpling with the worst economic crisis in decades, which has spiked the prices of essential commodities like rice, milk powder, cooking gas and fuel. For instance, one kilogram of basmati rice currently costs between Rs 300-800 as compared to around Rs...

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A host of reasons — not least the cost of medical education — is driving students to foreign universities -Bindu Shajan Perappadan

-The Hindu Thousands of Indian students travel out of the country for a basic medical degree simply because it is more affordable and less competitive “Wuhan is a beautiful place, you know,” says Vinod*, over the phone, as we talk about the plight of Indian medical students forced to return home two years ago after the outbreak of the COVID-19 pandemic. His stammer and long pauses reflect the anxiety that students and...

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In U.P., a humbling loss for Akhilesh -Anuj Kumar

-The Hindu The decimation of BSP has hurt the SP chief the most in polls, say observers For somebody who threw the kitchen sink at the Bharatiya Janta Party during the election campaign, it has been a humbling loss for Samajwadi Party president Akhilesh Yadav in Uttar Pradesh. Observers said everybody knew that nobody could defeat the BJP on the Hindutva pitch but Mr. Yadav got a ‘godsend opportunity’ in the form of...

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