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What a Scathing Audit on Mining in Jharkhand Tells Us About CAG's Toothlessness -Himanshu Upadhyaya

-TheWire.in A performance audit brings home the point of what happens when the national auditor is denied access to information and records. A recently concluded performance audit on the functioning of District Mineral Foundation (DMF) Trusts in Jharkhand has indicted the state’s Mining and Geology Department for failing to furnish the actual figures of collections from mining leaseholders. Bringing the sad state of affairs to public notice, the national auditor said, “There were...

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Govt wheat procurement down by 53% to 182 lakh tonnes in 2022-23

-PTI/BusinessToday.in The wheat procurement target has been revised downward to 195 lakh tonnes for the current year from the earlier 444 lakh tonnes due to a fall in wheat output and increased exports. The government's wheat procurement fell by 53 per cent to 182 lakh tonnes so far in the current 2022-23 marketing year compared to the year-ago period on aggressive buying by private players for export purposes, according to official sources. The...

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Inequality worries bigger than what NFHS illustrates -Abhishek Jha

-Hindustan Times In the first of a five-part data journalism series based on National Family and Health Survey (NFHS) data, HT's data and political Economy team finds that India's inequality problem is far sharper than what is made out by the data The fifth round of the National Family and Health Survey (NFHS), conducted between June 2019 and May 2021 was among the biggest in India. It was conducted in all of...

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Central excise duty on petrol and diesel cut, says FM Nirmala Sitharaman -Vikas Dhoot

-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on petroleum products, a ₹200 subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...

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Rural food prices continued to surge in April -AM Jigeesh

-The Hindu CPI for agricultural and rural workers increased by 10 points each last month Rising food prices spurred an increase by 10 points each in the all-India Consumer Price Index (CPI) for agricultural and rural labourers, respectively, last month, the Ministry of Labour and Employment said in a release on Saturday. An increase in the prices of rice, wheat-atta, jowar, bajra, ragi, vegetables and fruits contributed the bulk of the spike in...

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