-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consuMer food price inflation. At a Mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consuMers of milk in India than dairy farMers. The...
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Merely 4% of city's 2,064 homeless people aware of welfare schemes -Saurabh Prashar
-The Indian Express The survey, which was submitted to MC Commissioner KK Yadav, also concludes that 94.6 per cent people (1953 out of 2,064) are permanently homeless and 5.4 percent people (111) are temporarily homeless in Chandigarh. Chandigarh: About 96 per cent of the total 2,064 homeless people in Chandigarh are unaware of the welfare schemes introduced by the central government, says a joint survey conducted by the Centre for Social Work...
More »Move to cash transfers will lead to savings, put agriculture on sustainable growth path -Ashok Gulati
-The Indian Express All such investments will go a long way to augment farMers’ incomes in a sustainable manner. Else, I am afraid, much of the talk in the Union budget for agri-reforms will remain Mere rhetoric. Although the Union budget is basically an accounting exercise of revenues and expenditures for the coming year, economy-watchers anxiously wait for the finance minister to announce major economic reforms. In that sense, the budget of...
More »Trade worries
-Livemint.com If crude oil prices surge on tensions in West Asia, our import bill could soar India’s December trade figures deepen concerns about the health of our economy. Official figures show that Merchandise exports dipped 1.8% from a year earlier to $27.36 billion, marking the fifth straight month of decline. A consolation is that imports fell by a larger 8.8%, helping narrow the trade deficit. But the relief could be temporary. If...
More »Mining deep: on Cabinet easing mining laws
-The Hindu While opening up the coal mining sector, the govt. must protect the interests of Coal India The Centre’s decision to liberalise norms for entry into coal mining and relax regulations on mining and selling coal in the country is significant in many respects. Amendments to two legacy Acts through the Mineral Laws (Amendment) Ordinance 2020 cleared by the Cabinet on Wednesday will free the sector from restrictions that were inhibiting...
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