On June 14, Government of India announced the Agnipath Scheme for Indian armed forces. The scheme would recruit 45,000 to 50,000 people — between the ages of 17.5 to 21 years — every year. The service would be for a duration of four years, at the end of which one-fourth of the recruits would be awarded permanent commission in the[Read More…]
Since the conclusion of recently-held assembly elections in five states, the fuel prices have undergone nine hikes in the last ten days, pushing the cost of petrol, diesel, and LPG to a record high. These prices were last revised in the month of November 2021, when the price of petrol had reached ₹100 per litre. Beyond the obvious concern of[Read More…]
On July 22nd, 2021, Modi Government informed the Parliament of its decision to disinvest its stake in 23 Central Public Sector Units (CPSUs) [1]. On August 23rd, Finance Minister Nirmala Sitharaman announced a four-year asset monetization plan under the National Monetization Pipeline [2]. Both these decisions were already anticipated since their announcement in the Union Budget 2021, and neatly fits[Read More…]
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Havoc and misery caused by recent floods in Bengaluru, Pakistan and Assam are not only natural disasters but are man made and due to climate change. Over exploitation of urban land and water resources by greedy private real estate developers perhaps the chief cause of floods. Media relentlessly focused on flooded upscale villas, their swanky automobiles of super rich in[Read More…]
