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The poor are bearing the brunt of inflation -Krishna Raj

-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...

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Retail inflation is not just about Petrol, diesel -TS Ramakrishnan

-The Hindu Business Line Rather than cut fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation  It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...

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India’s target to have 20% ethanol blended in Petrol by 2025 could affect its food security -Tanvi Deshpande

-IndiaSpend.com/ Scroll.in Achieving the target won’t drastically reduce emissions nor will India achieve energy security because of it. For India to meet its target of 20% ethanol blended in Petrol by the year 2025 (commonly known as the E20 target), it will have to bring in more land under cultivation of feedstock – agricultural products that can be converted into ethanol – land that can be better utilised for the generation of...

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Will implement CAA when Covid pandemic ends: Amit Shah in Bengal

-Hindustan Times Although the controversial law was passed in 2019, the rules on how it is to be implemented have not been framed yet, and the government has said this will happen once the pandemic ends. The Citizenship Amendment Act (CAA) will be enforced as soon as the Covid-19 pandemic gets over, Union home minister Amit Shah said in West Bengal on Thursday, accusing the ruling Trinamool Congress in the state of...

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Petrol/Diesel Prices: Who is Responsible for Back-breaking Hikes? -Subodh Varma

-Newsclick.in The central government has raked in over Rs18 lakh crore from excise duties compared to Rs14 lakh crore from taxes by all state governments over the past eight years. Yet again, the government has tried to obfuscate the exorbitant Petrol/diesel prices by blaming state governments. This time, it was the Prime Minister himself who blamed some Opposition-ruled states for not reducing taxes like the Value Added Tax (VAT) after the central...

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