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‘Record’ FDI inflows, yes, cause for celebration, no -Biswajit Dhar and KS Chalapati Rao

-The Hindu The inflows during 2020-21 have not been in sync with the Government’s priorities for economic recovery In an otherwise gloomy economic scenario, one area of cheer for the Government has been the numbers on inflows of foreign direct investment (FDI). In a recent press release, the Ministry of Commerce and Industry announced that “India has attracted highest ever total FDI inflow of U.S.$81.72 billion during the financial year 2020-21 and...

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Why edible oil prices are on fire -Shubham Shankhdhar

-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him...

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It’s time to protect the poor and the migrants from rising edible oil prices

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

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Save water: We need a lot of blue to stay green -Niraj Kumar and Sagarika Mishra

-The Financial Express According to a study, by 2025, agricultural productivity is likely to fall by 68 percent in more than one-third of India's districts that are currently under water stress. The covid-19 pandemic’s impact on the country’s economy has been colossal. Nevertheless, Indian agriculture to date has resisted the onslaught. Though in the FY 2020-21, India’s GDP contracted by 7.7 percent, including negative growth in industry and services agriculture delivered a...

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Modi government spent Rs 2,250 crore on buying ventilators. Why aren’t they working? -Arunabh Saikia

-ThePrint.in A flawed procurement process has resulted in hospitals getting cheap ventilators, many of which are unusable, say doctors even in BJP-ruled states. Maharashtra was witnessing an alarming surge in Covid-19 cases and deaths when 150 ventilators arrived at the Government Medical College and Hospital in Aurangabad in the third week of April. The Union health ministry had sent them. The hospital further distributed the machines to other district and private hospitals in...

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