-The Hindu Business Line New accounting mechanism will help govt manage some savings; Revised Estimate for FY23 to be present in Budget for FY24 Initial indications from Inter-Ministerial meetings on the Budget show no significant cuts in allocations for various Ministries. It will be reflected in Revised Estimate (RE). Still, Finance Ministry could get High savings thanks to the new accounting mechanism. Inter-Ministerial meetings to finalise Revised Estimate for Fiscal Year 2022-23 and...
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Rabi MSP sends wrong signals -Nilanjan Ghosh
-The Hindu Business Line Millets such as ragi deserve Higher support prices as they are important for nutrition and water efficiency The CACP recommendations on Minimum Support Prices (MSP) for the mandated six Rabi crops — wheat, barley, gram, lentil, rapeseed and mustard, and safflower — are arrived by considering several factors. These include the cost of production, supply and demand situation of various crops in domestic and global markets, domestic and world...
More »Will the government’s MSP calculations hold? -Roshan Kishore
-Hindustan Times There is good reason to ask whether the latest MSP hike will be enough to meet the government’s requirements. Open market prices of wheat are quite High and the government has already eaten into its excess stocks. The Union Cabinet announced the minimum support price (MSP) for wheat and other Rabi (winter) crops for the 2023-24 Rabi Marketing Season (RMS) on Tuesday. For wheat, the most important Rabi crop from...
More »The three economic realities facing China -Uma Gupta
-Hindustan Times The 20th National Congress of the Communist Party of China (CPC) began in Beijing on October 16. While the run-up to the 20th congress has been dominated by talks of Xi Jinping getting elected as the Highest leader for an unprecedented third consecutive time, the gathering will also have to confront serious and somewhat new questions as far as the Chinese economy is concerned. The 20th National Congress of the...
More »In Maharashtra, COVID-19 orphans lost more fathers than mothers, says report -Abhinay Deshpande
-The Hindu ‘Many didn’t get government benefits due to difficulties in procuring death certificates’ For every child who lost its mother, three children lost their father to the COVID-19 pandemic in Maharashtra. ‘Vulnerable Children of Maharashtra’, a report on the status of children orphaned by COVID-19 by Vidhi Maharashtra, an independent think tank, found that 22,760 children lost their fathers while 2,678 lost their mothers to COVID-19. The loss of either parent has a...
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