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Centre, RBI bid to curb inflation

-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...

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Freebies: Uttar Pradesh, Maharashtra are among top-2 states with highest liabilities

-Livemint.com A PIL said that Indian states have outstanding liabilities of ₹59,89,360 crore as of March 31, 2021 A PIL has been filed in the Supreme Court against freebies by State Governments. As per the petition, the Indian states have outstanding liabilities of ₹59,89,360 crore as of March 31, 2021, and new sources of risk have emerged in the form of rising expenditure on non-merit freebies. Among the Indian states, Uttar Pradesh and...

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Amidst Outrage, Karnal Ration Distributor's Licence Suspended for 'Forcing' Sale of Tricolour

-TheWire.in Reports had emerged earlier on Wednesday that a local ration depot licence holder was withholding rations from card holders who did not buy a Rs 20 national flag from the depot. New Delhi: A ration distributor in Haryana’s Karnal district had his licence suspended on Wednesday, August 10 after he was found to be withholding rations from people who didn’t buy a Rs 20 national flag from the ration depot as...

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Sowing a crisis (Editorial)

-The Hindu Business Line The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as...

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No one to be compelled on Aadhaar, says EC official -Pheroze L Vincent

-The Telegraph Move to prevent any repeat of fiasco in Telangana and Andhra Pradesh where at least 30 lakh names linked to Aadhaar were auto-deleted from the voters list after 2015 A senior Election Commission of India official told The Telegraph on Monday that no citizen would be compelled to give their Aadhaar details to poll officials even if they have an Aadhaar number. The official also clarified that election authorities would rely...

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