Author: Aritra Pramanik

oil bonds and fuel prices

Fuel prices today have significantly increased. The government is reluctant to bring petrol under GST and the finance minister has been talking about oil bonds.   The price of petrol and diesel have significantly increased. This has increasingly placed a burden on middle and poor-class families since petrol is an item of necessity rather than a luxury. The price of petrol and diesel is calculated on two basis- the first is the crude oil price in the international market and the second is the taxes levied on petrol and diesel by the government.  Prices of crude oil in the international…

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Inflation

India’s CPI(Consumer Price Index) shot up to 6.95 percent in March which was the highest in nearly 1 and a half years. It is also up by 0.69 percent from February and the highest since November 2020. The month of March has become the third successive month having inflation greater than the RBI threshold of 6 percent. The monetary policy statement released by RBI governor Shaktikanta Das “In the sequence of priorities we have now put inflation before growth. Time is appropriate to prioritize inflation and head of growth” signals the change of focus from growth to fighting inflation. Some…

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B.R.Ambedkar-The father of modern India

Today the nation celebrates the 131st birth anniversary of Dr. Ambedkar. An Indian jurist, politician, reformer, and political activist Dr. Ambedkar are known as the father of the Indian constitution.  He was born on 14th April 1891 at Mhow, near Indore in Central province (present-day Madhya Pradesh). He was born in a Dalit Mahar family and his life was marked by struggles. Mahars were among the several untouchable castes of those times in Maharashtra…He did his schooling at Elphinstone High School. Afterward,  he entered Elphinstone College which was affiliated with the University of Bombay. He obtained a degree in economics…

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Karnataka's Mid Day Meal

Mid-day meal schemes have always been controversial, the latest being Karnataka which has geared up its pace and is all set to provide eggs to children under the mid-day meal scheme. Approximately 11.80 crore school children will be benefited from this scheme. The large number of students being served makes it one of the largest initiatives in the world to enhance nutritional levels through hot cooked meals.  The scheme will cover all school-going children from class 1 to class 8 in government and government-aided schools including those which are run by municipal corporations of Delhi. The NFHS-5(National Family Health Survey-5)…

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Sri Lanka’s Economic Crisis

Sri Lanka -the island nation has declared a state of emergency and it is going through a major economic crisis. The ruling party is facing public anger. The cabinet ministers have resigned from their posts. Thousands of countrymen have demanded the resignation of Sri Lankan President Gotabaya Rajapaksa. People are protesting on the streets, a curfew has been declared and social media has been banned. There are a lot of factors that are responsible for the economic crisis. Firstly there was a nationwide ban on fertilizer imports to switch overnight to organic farming. Fertilizer imports were valued at $258.94 million.…

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Pakistan's Constitutional Crisis

Pakistan’s Constitutional Crisis: Pakistan Prime Minister Imran Khan’s loss in no-confidence brought his Term in office to an end of 16 months. 174 members in the 342 member house voted to remove him. Pakistan will have a new Prime Minister and this may have been the first time in the history of Pakistan but this is not the first time that a Prime Minister has ceased from his position before his tenure. Pakistan has a flawed democracy and no Prime Minister has ever completed his tenure. On April 10, 1973, the Pakistan Constitutional Crisis was approved by the Parliament of…

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