-The Hindu The measures included a ₹8 reduction in central excise duty per litre of petrol and a ₹6 cut in the duty on diesel. Finance Minister Nirmala Sitharaman unveiled a slew of measures to rein in runaway inflation on Saturday evening, including duty cuts on petroleum products, a ₹200 Subsidy on LPG cylinders for the poor and a rejig of import duties on plastic and steel products. A reduction in central excise...
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India roasted -Renu Kohli
-The Telegraph The economic impact of heatwaves is steep India is feeling the heat in ways other than the rising prices. The ongoing heatwave, in which temperatures have shot above 45 degree Celsius in many parts of northwest and central India, highlights the rising climate risks and their attendant costs. Heatwaves, beginning earlier than in the past, are part of a changing climate whose defining features, in addition to the gradual rise...
More »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...
More »CSE report flags poor state of organic fertilisers, biofertilisers sector in India -Vineet Kumar
-Down to Earth There is a widespread availability of inferior quality as well as spurious biofertiliser and organic fertiliser products across the country The availability, quality and uptake of biofertilisers and organic fertilisers in India is poor, flagged a new report. These non-chemical options are considered critical to the transition from chemical-based to sustainable farming practices like organic and natural farming. The availability of cost-effective quality biofertilisers and organic fertilisers is, therefore, of...
More »Fertiliser Subsidy may go up 55% to record Rs 2.5 trn in FY23: Report
-PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser Subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...
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