-The Hindu Business Line Average prices of liquid milk in the North Eastern region saw the highest increase between January 1 and November 22, followed by the North, East, West and South regions. Inflationary pressures on milk remain unabated as Mother Dairy has decided to hike prices on two of its milk variants, effective Monday. While milk prices have been on the rise this year, dairy products such as curd and ice...
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No decision yet on extending PMGKAY beyond Dec: Food subsidy to cross Rs 3 trillion this fiscal -Sandip Das
-Financial Express 2022-23 expenses likely to be the second highest since FY21 The government’s food subsidy expenses in the current fiscal are likely to cross Rs 3.1 trillion, up 50% from the outlay made at the beginning of the year. Sources told FE that the estimated food subsidy expenses in 2022-23 would be the second highest since FY21, when the finance ministry had made a provision of Rs 5.4 trillion, of which Rs...
More »Outflow of Finance and Impact on Third World -Prabhat Patnaik
-Newsclick.in World capitalism is entering a new phase in which Third World economies will witness persistent outflow of finance, even if they raise interest rates in tandem with US rates. There are two defining and portentous features of the current world economic situation. One, which is well discussed, is the world-wide increase in interest rates in response to the pervasive inflationary upsurge; it would indubitably generate recession and unemployment, which, notwithstanding all...
More »Explained | What is India’s future strategy on emissions? -Jacob Koshy
-The Hindu Is the use of nuclear power and hydrogen critical for India to transition to a carbon neutral economy? Besides the use of electric vehicles, what are some of the other plans on the anvil to help the country achieve net zero by 2070? The Climate Change Conference (COP27) at Sharm el-Sheikh was to end on Friday but the deadline was extended to the weekend because there were divisions among member...
More »Gross valuation -Gopalkrishna Gandhi
-The Telegraph The 2026 delimitation exercise will lead to anomalies On November 15, according to a subtle calculation, the world’s population touched eight billion. And who was the largest contributor to this figure? Who but… India, adding 177 million people out of the last billion born in the world. This ‘contribution’ would have been a matter of some embarrassment were it not for some good news that came alongside. The United Nations...
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