-PTI/ Livemint.com Nomura expects India's fiscal deficit to come at 6.5 per cent as against the earlier expectation of 6.2 per cent and underlined that it will still be lower than the budgeted 6.8 per cent target The excise duty cuts on diesel and petrol will cost ₹45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday. Going by the overall consumption,...
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Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy
-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
More »India staying out of major climate pledges at COP26: Officials argue varied reasons -Subhayan Chakraborty
-MoneyControl.com While India has been one of the earliest and key signatories of multiple global environmental agreements, it has given a wide berth to three major initiatives. Officials tell Moneycontrol why that's been the case. Despite surprising large segments of the global community and climate experts by announcing major commitments, India has till now stayed away from all the major pledges at the COP26 climate summit in Glasgow. Early on Thursday, the UK...
More »As schools reopen, study warns of deepening divides
-The Hindu ‘It can’t be a business as usual approach’ As almost 26 crore children return to physical classes after 18 months of school closures, a business as usual approach will lead to a deepening of existing educational inequity, warned the National Coalition on the Education Emergency in a report released online on Tuesday. The NCEE cited data from the recent SCHOOL survey conducted in 15 States, which showed that 72% of elementary...
More »CoP26: Why is forest-rich India staying away from Glasgow Declaration -Jayanta Basu
-Down to Earth India not happy with the effort to link infrastructure development and related activities with forest conservation in the Glasgow Declaration’s final text India, one of the 10 most forest-rich countries of the world, chose to stay away November 2, 2021, as more than 100 world leaders committed to saving the world’s forests at the 26th Conference of Parties (CoP26) to the United Nations Framework Convention on Climate Change in...
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