-IndiaSpend.com/ Scroll.in Achieving the target won’t drastically reduce emissions nor will India achieve energy security because of it. For India to meet its target of 20% ethanol blended in petrol by the year 2025 (commonly known as the E20 target), it will have to bring in more land under cultivation of feedstock – agricultural products that can be converted into ethanol – land that can be better utilised for the generation of...
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Indonesia ban on palm oil exports starting April 28 rattles Indian markets -Sanjeeb Mukherjee
-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...
More »Waging war for sustenance -Aunindyo Chakravarty
-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...
More »Russia’s war in Ukraine is crushing Sri Lanka’s $81 billion economy -Anusha Ondaatjie
-ThePrint.in Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka is racing to avert a default amid dwindling forex holdings. Colombo: Russia’s war in Ukraine, which has caused a humanitarian crisis and convulsed global financial markets, is now threatening to crush an $81 billion economy more than 4,000 miles away in the Indian Ocean. Hit by soaring oil import costs and a dip in tourism revenue, Sri Lanka...
More »Real wage rates of the rural workers hardly increased during the last 6 years
In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...
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