The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
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Farmers seek India’s exit from WTO; stage protest
-The Hindu Mysuru: Members of State Federation of Farmers and Sugarcane Cultivators Association staged a demonstration in the city on Sunday demanding India’s exit from the World Trade Organisation (WTO). The demonstration was held heeding the strike call issued by Rashtriya Kisan Mahasangha and is part of a nation-wide agitation being conducted by farmers in support of their demands. Kurubur Shanthakumar, president of Sugarcane Cultivators Association, who addressed the farmers said that ever...
More »Record Profits Boost Corporate Sector in Pandemic -Subodh Varma
-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...
More »CCI to set up digital market unit to assess big tech behaviour -Gireesh Chandra Prasad
-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...
More »World Food Crisis: Causes, Consequences and Solutions -C Saratchand
-Newsclick.in The war is exacerbating the food crisis, but to end it, the United States must first realise no military solution to the conflict in Ukraine will bring about the defeat of Russia it seeks. There is a world food crisis spanning the realms of production and distribution. According to the Global Report on Food Crises 2022, acute food insecurity afflicted approximately 193 million people in 2021. They were based in 53...
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