-TheWire.in Reports had emerged earlier on Wednesday that a local ration depot licence holder was withholding rations from card holders who did not buy a Rs 20 national flag from the depot. New Delhi: A ration distributor in Haryana’s Karnal district had his licence suspended on Wednesday, August 10 after he was found to be withholding rations from people who didn’t buy a Rs 20 national flag from the ration depot as...
More »SEARCH RESULT
Total Matching Records found : 28809
Supreme Court calls for balance between economy and welfare measures
-PTI/ The Telegraph The idea to de-recognise political parties for making promises to give irrational freebies during the polls undemocratic, says Chief Justice Ramana Observing that freebies and social welfare schemes are two different things, the Supreme Court on Thursday said a balance has to be struck between the economy losing money and welfare measures. It also ruled out the possibility of considering a plea for de-recognising parties for making promises to give...
More »Sowing a crisis (Editorial)
-The Hindu Business Line The Centre should pay attention to fertiliser subsidy which is overshooting estimates by unacceptably large margins The economic crisis in India’s South Asian neighbours has turned the spotlight on fiscal profligacy leading economies on the path to ruin. While this has sparked debate on our States doling out freebies and subsidies, the fact is that the Centre too has some soul-searching to do on this front. Even as...
More »IMF paints a gloomy growth picture -Partha Ray and Parthapratim Pal
-The Hindu Business Line Nations must rely more on innovative, home-grown solutions to deal with the uncertain economic situation The International Monetary Fund (IMF), in its latest July 2022 World Economic Outlook (WEO) Update, foretells a story of a gloomy and more uncertain outlook for the global economy. While the global growth was projected at 3.6 per cent in April 2022, as per the latest July 2022 projections, it is 3.2 per...
More »Macrovariable projections in uncertain times -Arun Kumar
-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also Been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...
More »
