-The Hindu Business Line Oil companies gear up to meet LPG demand after Ujjwala expansion New Delhi: The annual average demand for LPG cylinder refills is now three under the Pradhan Mantri Ujjwala Yojana (PMUY) according to IndianOil Chairman, Sanjiv Singh. “The average number of LPG refills in every household across the country was close to seven plus before the Ujjwala scheme was launched. This has now tapered to seven and the...
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'One family, one job' scheme in Sikkim -Rajeev Ravidas
-The Telegraph The scheme envisages providing jobs to a member of every family who does not have a government job Gangtok: The Sikkim Assembly on Thursday approved creation of over 16,000 temporary jobs in different departments as part of the government’s ‘one family, one job’ scheme announced by chief minister Pawan Chamling earlier this year. The scheme envisages providing jobs to a member of every family who does not have a government job. “We...
More »GDP and its assumptions -Arun Kumar
-The Indian Express New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime. Controversy over the growth performance of the Indian economy took another turn with The Indian Express breaking the story about Niti Aayog not allowing the back series to be announced three years back because it showed a higher growth rate during the...
More »Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda
-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...
More »Without Rise in Farm Income, Congress' Loan Waivers Won't End Rural Distress -Kabir Agarwal
-TheWire.in Implementing the loan waiver in Chhattisgarh, MP and Rajasthan will not be easy. It will cost Rs 80,000 crore and might need the states to double the spending on agriculture. New Delhi: On Monday, the newly appointed chief minister of Madhya Pradesh, Kamal Nath, proudly announced that his FIRst executive decision was to waive farm loans in the state. While campaigning for the assembly elections, the Congress party had promised that if...
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