A decade ago, this figure was around 40%. This is leading to an increasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...
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Why India’s Balance of Payments is Headed for Hard Times -Prabhat Patnaik
-Newsclick.in The yawning merchandise trade deficit is occurring not because of any economic boom but in the midst of creeping industrial stagnation. India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion, which is 4.4% of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current account deficit...
More »India seeks discount in rare one-year urea import tender, say sources -Nidhi Verma
-ThePrint.in New Delhi: India has issued a global urea tender asking producers to quote a discount for the supply of 600,000 tonnes of urea, industry sources said and a document shows, as the nation seeks to cut import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually imports urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...
More »Climate change will likely exacerbate Indian rural household's debt burden
Editorial team, Carbon Copy Ongoing shifts in rainfall and temperature caused by climate change are likely to increase the debt burden faced by rural households, particularly of marginalised groups in dry areas, an editorial in Carbon Copy magazine said. The piece cited a study in the journal Climate Change that argues that changes in climate, along with existing socio-economic differences - caste and landholding in particular — will deepen the size...
More »India's farm sector performance has improved over the years, shows latest FAO report
The World Food and Agriculture – Statistical Yearbook 2022, released in December 2022, provides its readers a plethora of useful statistics and data across the countries pertaining to agriculture and food security. The yearbook by Food and Agriculture Organization (FAO) primarily covers four themes -- Economic Dimensions of Agriculture; Production, Trade and Prices of Commodities; Food Security and Nutrition; and Sustainability and Environmental Aspects of Agriculture. While going through the report,...
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