-The Hindu Business Line Govt announces Rs. 2/kg subsidy to farmers who were selling their produce at low prices Mumbai: In a relief to the distressed onion growers in Maharashtra, the Fadnavis government on Thursday decided to provide ?2 per kg subsidy on the bulbs sold from November 1 till December 15 in the State. About three lakh farmers stand to gain up to Rs.40,000 from this decision by the State government. The money,...
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Statement of intentions
-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the investment rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
More »'Ujjwala connections get three refills annually on an average' -Twesh Mishra
-The Hindu Business Line Oil companies gear up to meet LPG demand after Ujjwala expansion New Delhi: The annual average demand for LPG cylinder refills is now three under the Pradhan Mantri Ujjwala Yojana (PMUY) according to IndianOil Chairman, Sanjiv Singh. “The average number of LPG refills in every household across the country was close to seven plus before the Ujjwala scheme was launched. This has now tapered to seven and the...
More »GDP and its assumptions -Arun Kumar
-The Indian Express New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime. Controversy over the growth performance of the Indian economy took another turn with The Indian Express breaking the story about Niti Aayog not allowing the back series to be announced three years back because it showed a higher growth rate during the...
More »Powering agriculture via solar feeders -Ashwin Gambhir & Shantanu Dixit
-The Hindu Business Line They not only provide a reliable supply of electricity, but will also help reduce the subsidy outgo of States Two-thirds of the total irrigated area in India uses groundwater pumping, powered by more than two crore electric and 75 lakh diesel pumps. Access to groundwater depends on reliable and affordable electricity supply. This is an important issue as it concerns livelihoods of the rural poor and food security...
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