-Hindustan Times In view of the shortage of coal, a dominant fuel used to generate electricity in the country, the government halted hundreds of passenger trains. Meanwhile, state-run Coal India ramped up coal production by 27.2% in April. Several states across the country reeled under long power cuts, as hotter-than-normal temperatures pushed the electricity demand, triggering a major Power crisis. According to a report by Reuters, electricity supply fell short of demand...
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Coal Crisis
-The Pioneer Industrial states want to import coal to make up for the shortfall Summer temperatures are soaring and so is the power demand. Some States have already scheduled planned outages. And we are now told that the power companies face shortage of coal. Industrial states want to import coal to make up for the shortfall. That is a costly proposition beyond the reach of smaller states. Is there a coal crisis?...
More »Waging war for sustenance -Aunindyo Chakravarty
-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...
More »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...
More »Real wage rates of the rural workers hardly increased during the last 6 years
In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...
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