The surge in prices of essential commodities disproportionately affects the poor on a larger scale. Ahead of the general election, a pre-poll survey by Lokniti and SCDS highlighted that unemployment and inflation are pivotal concerns for voters, particularly among marginalized groups such as backwar...
India’s economy has been growing rapidly, exceeding 8% in the last fiscal year, accompanied by a swiftly rising stock market. India is poised to become the world’s third-largest economy within the next two to three years. However, amidst these economic achievements, the government is distributin...
India faces significant challenges in achieving self-sufficiency in edible oils and pulses. Recently, Shivraj Singh Chouhan, the new Union Minister of Agriculture, emphasized the need for India to meet its own requirements in these essential agricultural commodities. Chouhan, renowned for his leader...
On May 13, India and Iran signed a 10-year contract to operate the Chabahar port in Iran. The agreement between India Ports Global Ltd (IPGL) and Iran’s Port and Maritime Organization (PMO) pertains to the operation of the Shahid Beheshti terminal, one of the two projects at Chabahar port.A brief ...
The basic issueThere has been a sharp reduction in the household net financial savings rate in 2022-23, leading to an overall decline in the financial savings rate. The savings rate refers to the amount of savings as a percentage of GDP, while household savings measure the change in financial assets...
The Indian tea industry marks a significant milestone this year as it celebrates two centuries of journey since its inception. Originating in Assam, India, the tea plantation industry has reached its bicentennial milestone. Assam alone contributes over 52% of India’s tea production, amounting to a...
IntroductionNatural rubber (NR) stands as a crucial plantation commodity in India. However, since the economic reforms of 1991, the sector has encountered heightened price volatility due to its integration into the global market. Previously, NR operated within a regulated framework, benefiting from ...
The Damodar Valley Corporation (DVC) has accomplished a significant milestone by generating 43.32 billion units of electricity during the fiscal year 2022-23. This achievement marks a growth rate of 6.5% compared to the previous fiscal year 2021-22. DVC operates thermal and hydropower plants through...
IntroductionIndia’s significant and escalating income and wealth inequality have garnered attention among economists and global observers. The issue has taken center stage in the ongoing parliamentary election, as highlighted by the Loknity-CSDS 2024 pre-poll survey (The Hindu, April 11, 2024). Th...
India has emerged as a significant exporter of agricultural products, with a rich history dating back to early times when it was renowned for its spices globally. Currently, key exports include rice (both basmati and non-basmati), spices, cotton, oilseed cakes, castor oil, coffee, cashews, tea (clas...
