-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
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A hazy picture on employment in India -Ramesh Chand and Jaspal Singh
-The Hindu The trends in employment have not shown any clear and consistent patterns over the years The two important indicators of structural transformation in any economy are rates of growth and changes in the structural composition of output and the workforce. India has experienced fairly consistent changes in the first indicator, especially after the 1991 reforms, but the trend in employment has not revealed any consistent or clear pattern. The growth rate...
More »India Will Lose 101 Billion Labour-Hours a Year to Global Warming’s Effects -Aathira Perinchery
-TheWire.in * India will lose 101 billion work-hours a year to the effects of global warming, according to a new study. * There is more scientific evidence to show how extreme weather, including rainfall, impacts economies worldwide. * Another study found economic growth decreases when the number of wet days and the number of days with extreme rainfall increase. Kochi: As the world becomes warmer, India will lose more than 101 billion hours of...
More »Many farmers left out of PM Kisan benefits in A.P., reveals survey -P Sujatha Varma
-The Hindu ‘Neither are the reasons specified nor a resolution process put in place’ Vijayawada (Andhra Pradesh): About 15.2 lakh farmers in Andhra Pradesh are deprived of the payment instalments under the Centrally-sponsored ‘PM Kisan Samman Nidhi’ that provides input subsidy to them. As part of the scheme, the farmers will receive a sum of ₹6,000 per agricultural year in three instalments of ₹2,000 each and the transfer of the 10th instalment is...
More »Waterlogging: 4,000 farmers demand crop loss relief -Ravinder Saini
-The Tribune 1,800 complaints received in Rohtak I 1,150 in Jhajjar I 1,050 in Rewari district Rohtak: Around 4,000 farmers in Rohtak, Jhajjar and Rewari districts have sought compensation under the Pradhan Mantri Fasal Beema Yojana (PMFBY) for the loss to their wheat and mustard crop Due to waterlogging caused by rain this month. They have filed applications with the local offices of the Agriculture and Farmers’ Welfare Department in this respect. As per...
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