-Scroll.in Increasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, since two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, since there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

-The Hindu The Housing Ministry had informed Parliament that 66 proposals had been received A Parliamentary panel has asked the government to clarify how many of the 66 proposals received under the Affordable Rental Housing Scheme launched for the urban poor, especially migrant workers, during the COVID-19 pandemic have been approved by their respective local urban bodies. The Ministry of Housing and Urban Poverty Alleviation had informed Parliament that 66 proposals have been...

-Mercom India The Union Cabinet has approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore ($2.38 billion). The policy decision is meant to facilitate demand, production, utilization and export of green hydrogen. The largest portion of the outlay, Rs.17,490 crore, has been earmarked for strategic interventions in the transition to green hydrogen. Also called SIGHT, this sub-component envisages financial incentives for the domestic manufacture of electrolyzers and...

-Reuters/ Business Today The government aims to cut spending on food and fertiliser subsidies to Rs 3.7 lakh crore ($44.6 billion) in the fiscal year from April, down 26% from this year, two government officials said, to rein in a fiscal deficit that ballooned during the COVID-19 pandemic. Food and fertiliser subsidies alone account for about one-eighth of total budget spending of Rs 39.45 lakh crore this fiscal year, but reductions...

-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...