-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

-Centre for Science and Environment * Releases new report that presents irrefutable evidence of the benefits of non-chemical agriculture * Yesterday’s Budget promises to promote chemical-free natural farming, but it is a half-hearted promise at best, as no separate allocation has been made in it, says CSE * CSE’s asks: Invest in organic and natural farming. Make it a mass movement New Delhi, February 2, 2022: “Despite the push given to it through periodic...

-Livemint.com Rural economy has to deal with declining incomes and rising cost of essentials The general consensus on the state of the Indian economy can be summarized as follows: The economy has been in a deep crisis even before the pandemic-led disruptions. Second, the crisis is not a result of supply constraints but is a result of demand deficiency, particularly in the rural economy. Recent evidence suggests that the impact of the slowdown...

-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35%  Amid acute shortage of Fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) Fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...

-IANS/ The Shillong Times New Delhi: Union Agriculture Minister Narendra Singh Tomar on Thursday asked the states to plan in advance for their Fertilisers needs and provide estimates to the Centre so that the Fertiliser Department can timely provide sufficient amount. He also suggested that states should increase the use of NPK and liquid urea and reduce the dependence on DAP Fertilisers. Tomar was speaking at the National Conference on Agriculture for Summer...