-The Telegraph The development, multiple sources said, is vital to initiate the next phase of work to operationalise the coal mine amid protests by a large number of local people Calcutta: The Bengal government on Thursday started exploratory drilling at a stretch of land at a village under the proposed Deocha-Pachami coal mine project in a bid to estimate the layers and quality of coal-reserve with the consent of local people in...
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Country's trade gap at all time high of USD 26 billion
-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...
More »Why India’s trade deficit rose to a record high in June -MG Arun
-IndiaToday.in Higher import values of crude and petroleum products, coal, coke and electronic goods have contributed to the rise India’s trade deficit—the difference between the value of its imports and exports—rose to a record $25.6 billion this June (about Rs 2 lakh crore), almost three times the figure for the same month last year ($9.61 billion, or about Rs 76,000 crore). The spike was primarily driven by the import cost of petroleum,...
More »Over 95 per cent of unskilled workers ‘underpaid’ in Delhi -Basant Kumar Mohanty
-The Telegraph The survey questioned 1,076 respondents including domestic, construction and industrial workers and security guards about their wages, work conditions and social security Over 95 per cent of unskilled workers in Delhi are denied the minimum wage notified by the state government, a survey released on Monday by a civil society organisation has found. The survey, “Accessing minimum wages: Evidence from Delhi”, conducted by the Working People’s coalition (WPC), found that about...
More »70 per cent of 10-year-olds in 'learning poverty', unable to read and understand a simple text
-Press release by UNICEF dated 23 June, 2022 COVID-19 worsens global learning crisis, risking $21 trillion in lifetime earnings WASHINGTON: As a result of the worst shock to education and learning in recorded history, learning poverty has increased by a third in low- and middle-income countries, with an estimated 70 per cent of 10-year-olds unable to understand a simple written text, according to a new report published today by the World Bank,...
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