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WPI inflation rises to 14.55% in March, completes one year in double-digit territory

-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...

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Is the govt. doing enough for the Jan Aushadhi scheme?

On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...

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MGNREGA demand dropped from June 2020 peak, but still higher than pre-COVID: Eco Survey -Priscilla Jebaraj

-The Hindu High demand in migrant destination States, not source States: it says Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme has dropped from the peak of the first lockdown, but is still higher than pre-COVID levels, the Department of Economic Affairs said in its annual Economic Survey, noting that this is “an indicator of rural labour markets”. However, it cautioned against drawing conclusions about the movement...

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Shot in the Back: PM CARES Hasn't Given Rs 100 Crore to Develop COVID Vaccines, RTI Reply Says

-TheWire.in None of the departments associated with India's COVID-19 vaccine development efforts received any money from the fund. New Delhi: Even as the COVID-19 pandemic had its second-worst impact in India, among the world’s countries, and as its vaccine supply has suffered through many ups and downs, the PM CARES Fund, which Prime Minister Narendra Modi set up to deal “with any kind of emergency or distress situation,” failed to allocate the...

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India reaps high growth from agriculture, allied products in FY22 -Subhayan Chakraborty

-Moneycontrol.com An intense focus on securing market access abroad and promoting Indian goods saw dozens of new products including Himachali millets and Chandauli’s black rice being shipped from India to several new destinations such as the UAE, and Denmark India’s agriculture and allied exports grew at a brisk 21 percent in the first eight months of the current financial year despite broken supply chains and various challenges brought about by the COVID-19...

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