-PTI/ Livemint.com Nomura expects India's fiscal deficit to come at 6.5 per cent as against the earlier expectation of 6.2 per cent and underlined that it will still be lower than the budgeted 6.8 per cent target The excise duty cuts on diesel and petrol will cost ₹45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday. Going by the overall consumption,...
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India’s Coal Crisis -CP Chandrasekhar
-NetworkIdeas.org In recent weeks the media have featured stories bordering on the alarmist about a coal shortage in India. Coal inventories with thermal power plants had fallen to levels at which major country-wide power outages seemed inevitable. Fortunately, that has not (as yet) materialized, but it is indeed true that coal inventories with the power producers did collapse from the equivalent of around 30 days requirement to that for a couple...
More »India’s Fertility Transition and Differences between Religious Groups -KS James and Md Juel Rana
-TheIndiaForum.in ‘Overpopulation’ can no longer be a concern in India, as across states and across religious groups fertility has been falling in recent decades and approaching replacement level. Fears about a demographic shift between religious groups are not based on fact. India’s demographic trends have been viewed optimistically in recent years, compared to the second half of the 20th century when the discourse was about “overpopulation”. Undoubtedly, the country is now passing...
More »Centre flags rise in number of COVID-19 cases
-PTI/ The Hindu Health Ministry writes to Himachal Pradesh, Andhra Pradesh and Jammu and Kashmir The Union Health Ministry on Wednesday asked Himachal Pradesh, Andhra Pradesh and Jammu and Kashmir to undertake a review of the rising COVID-19 case numbers and weekly positivity rates, and enhance testing. In letters to the Himachal Pradesh Health Secretary, Andhra Pradesh Principal Secretary of Health and the Jammu and Kashmir Additional Chief Secretary of Health, Arti Ahuja,...
More »Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy
-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
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