KEY TRENDS   • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...

-IPA News Service/Newsclick.in Time is ripe to do away with every central cess on petroleum products and reject the government’s narrative that the poor are hurt less by higher prices than the rich. The country is in the grip of an inflationary spiral resulting in a galloping price rise of all essential goods used by people. This crushing price burden is making life exceedingly difficult for the rural and urban poor. The retail...

-Down to Earth The city's inadequate drainage system results in frequent flooding, it says Kolkata in West Bengal has something to cheer about: Its much-criticised public transport system got an elaborate mention in the third instalment of the sixth assessment report by the Intergovernmental Panel for Climate Change (IPCC). The most significant report on the global climate crisis referred to the city’s public transport network as an “illustrative case study” to showcase integrated...

-Business Standard Centre assessing appropriate price at which subsidy should resume The Ministry of Petroleum and Natural Gas is evaluating a threshold at which the subsidy on Liquefied Petroleum Gas (LPG or cooking gas) will be reinstated. According to a senior government official in the know, a survey is currently being conducted to determine the price at which maximum consumers will keep buying domestic cylinders. One of the options also being considered...

-NDTV.com A number of state assembly polls, including in Uttar Pradesh and Punjab, are scheduled over the next few months.  New Delhi: The BJP's NDA ally Janata Dal-United (JDU) today demanded that the Centre roll back the hike announced today in LPG cylinder prices by petroleum companies. The party, which leads the coalition in Bihar, cited the financial pressure on households amid the Covid pandemic and said political rivals could use the...