-The Hindu Business Line Under-invoicing of imports is just one part of the story. Data asymmetries have many other factors. The trade data mismatch of India and China has attracted wide coverage from both electronic and print media. This mismatch is attributed to ‘under-invoicing’ by Indian importers for the imports originating from China. There is mismatch of $12 billion with China reporting its exports to India over $103 billion. Indian agencies, on the...

-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...

-Statista/ TheWire.in The country has set itself the ambitious target of generating half of its electricity from renewables by 2030. India’s parliament is in the process of passing an energy conservation Bill aimed at boosting the share of renewables in the country while also introducing a carbon trading scheme. The country in June had already set the target of generating half of its electricity from renewables by 2030. The Bill mandates minimum...

-The Telegraph A system without any steering control An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails. Consider what is happening in India today. There is a massive outflow of finance from the country because of which the rupee is depreciating  vis-à-vis...

-The Telegraph Sarson Satyagraha has claimed that India is nearly self-sufficient in mustard oil production New Delhi: A group of farmers and scientists on Friday announced its intention to step up resistance against what they view as the Centre’s moves towards the release of genetically modified mustard for commercial cultivation. “We will activate all possible democratic and non-violent avenues available to us and ensure that GM mustard planting does not end up being...