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Oct-Dec Quarter GDP slows to 4.4% as manufacturing shrinks - Tanya Krishna

Financial Express India's gross domestic product in the October-December, 2022 quarter is estimated to have grown at 4.4 percent year-on-year, slowing down from the previous two quarters, and a tad slower than expected, mainly as manufacturing activity took a hit, and favourable base faded away, Government data showed on Tuesday. India’s GDP at constant prices in Q3 of FY 2022-23 is estimated at Rs 40.19 lakh crore, the Ministry of Statistics...

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Bengal Govternment Cancels Over 14 Lakh Fake NREGA job Cards - Newsclick

A swarm of fake cards has rampaged the MGNREGA project or 100 days of work in West Bengal. More than 1 million counterfeit job cards have been caught in West Bengal in the last year, and all of them have been cancelled. The nodal division in charge of the 100-day project under the state’s Panchayat and Rural Development Department revealed. "The exact statistics of the total number of fake job cards...

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What if El Nino materialises in 2023? - Vinson Kurian

Hindu Businessline El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade winds weaken and warm water gets pushed back East of the Pacific, towards the West coast of the Americas.  Generally, El Niño occurs more frequently than...

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Agriculture doesn’t get its due in budget - Kedar Vishnu, Ashish Andhale

Deccan Herald Many economists expected a massive allocation for the agricultural sector in the budget, especially after the repeal of three farm law bills.  However, the agricultural sector allocation decreased drastically from Rs 1.33 lakh crore in the Union Budget 2022–23 to Rs 1.25 lakh crore in 2023–24. It received only 3.78 per cent of the total budget share in 2021–22; this was reduced to 3.36 per cent in 2022–23 and further...

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India's sugar output could fall further as cane matures early - Rajendra Jadhav

Reuters India is set to produce lesser sugar than previously estimated by industry bodies and Government agencies, with the cane crop maturing early and losing weight due to weather conditions in key growing regions, farmers and traders told Reuters. Lower sugar output could prevent the world's second-biggest exporter from allowing additional exports, potentially supporting global prices and helping rivals Brazil and Thailand to increase their shipments. India was estimated to produce 34 to...

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