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Budget steps may not lift rural consumption soon -Ratna Bhushan & Sagar Malviya

-The Economic Times NEW DELHI | MUMBAI: The government's spending in the budget aimed at bolstering rural development and providing higher income for farmers has not increased significantly and it may take at least two quarters to drive growth in the hinterland, consumer goods companies said. More than a third of daily-use branded products are sold in the rural areas, home to about 800 million people, whose purchasing behaviour depends on farm...

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PM's plan for free gas connections is failing its objective - as government had been warned it would -Nitin Sethi & Aroon Deep

-Scroll.in A study commissioned in 2015 said that for the Pradhan Mantri Ujjwala Yojana to succeed, the price of gas cylinders would have to be reduced. In an interview to TimesNow on the weekend, Prime Minister Narendra Modi extolled the virtues of the Pradhan Mantri Ujjwala Yojana, which offers free gas connections to the rural poor. “What will be the ease of living for a poor woman, who uses a stove...

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CPI for industrial workers up at 3.97% in Nov as food items get costlier

-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...

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NITI Aayog working on policy to cut oil bill by $100 billion

-PTI NEW DELHI: The government is working on a policy to bring down the annual oil import bill by $100 billion by 2030 through extensive use of methanol in cooking gas and transportation fuel, union minister Nitin Gadkari told Lok Sabha on Thursday.   The government was "shortly" going to implement a scheme under which 15 per cent methanol will be blended with petrol and which will reduce the cost of the fuel...

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Mealtimes are becoming a family affair in India's Desert State -Mohammed Iqbal

-The Hindu India’s mothers are among the most malnourished in the world, but a project empowering women and fighting harmful traditions gives hope for a solution. In a small village tucked away near the Rajasthan-Gujarat border, wafts of spice once filled the air as 40-year-old Dubali Damor warmed chapatis and fried spices for her family’s evening meal. Once ready, her husband and children would tuck into plates of steaming fluffy rice and...

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