-The Hindu Policymakers can ill-afford to drop their guard in the fight against inflation October’s inflation data point to a welcome softening in price gains that should offer some succour to monetary policy authorities, who have been battling to rein in runaway inflation since the beginning of this year. Retail inflation, or price gains based on the Consumer Price Index, slowed to 6.77% last month, from September’s 7.41%, aided by an appreciable...
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"Largesse Of State...": Gujarat High Court's Strong Remarks On Morbi Bridge Tragedy
-NDTV.com Gujarat bridge collapse: "Why was tender not floated? Why weren't bids invited?" Chief Justice says to the Gujarat's top bureaucrat Ahmedabad: Slamming the Morbi civic body for "acting smart", the Gujarat High Court today sought direct answers and slammed the manner in which the contract was awarded for maintenance of a 150-year-old bridge that collapsed on October 30 killing over 130 people. "The municipality, a Government body, has defaulted, which ultimately killed...
More »One In Every Three Farmers in Telangana is a Tenant, Finds New Survey -G Ram Mohan
-TheWire.in The survey also provided an insight into the socio-economic conditions of the tenant farmers, finding that a majority of them are OBCs and Dalits. Hyderabad: A field study by the Rythu Swarajya Vedika (RSV) has made several revelations about the conditions of farmers in Telangana, including that one in every three farmers is a tenant farmer. The findings of the first-of-its-kind survey done in Telangana after its formation in 2014, run contrary...
More »Wholesale Price Inflation Eases To 8.39% In October, Lowest Since March 2021
-NDTV.com Wholesale price-based inflation (WPI) eased in October to 8.39 per cent year-on-year, the lowest since March 2021. Wholesale price-based inflation eased in October to 8.39 per cent year-on-year, compared to 10.70 per cent in September, helped by a fall in commodity prices, Government data showed on Monday. Declining for the fifth consecutive month, that Wholesale Price Index (WPI) reading is the lowest since March 2021 and below a double-digit rise for the...
More »India’s Urban Infrastructure Needs to Cross $840 Billion Over Next 15 Years: New World Bank Report -
-Press release by World Bank dated November 14, 2022 NEW DELHI: A new World Bank report estimates that India will need to invest $840 billion over the next 15 years—or an average of $55 billion per annum—into urban infrastructure if it is to effectively meet the needs of its fast-growing urban population. The report, titled “Financing India’s Urban Infrastructure Needs: Constraints to Commercial Financing and Prospects for Policy Action” underlines the...
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