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Daily Archives: January 24, 2022

Statue of Ramanujacharya

In Context  The PM will unveil a 216-foot statue of Ramanujacharya, described as the ‘Statue of Equality’ in Hyderabad on February 5.  About  It is being installed to mark the 1,000th birth anniversary of  Ramanujacharya.  It was built of panchaloha, a combination of gold, silver, copper, brass and zinc, by the Aerospun Corporation in China […]

Controlling Expenditure on Subsidies

In News With Budget Day approaching, the Centre’s spending on food and fertiliser subsidies are likely to come under close scrutiny. Trends for Food and Fertiliser Subsidies Before COVID-19: A Significant Drop: Between 2015-16 and 2019-20, the aggregate outlay on the two fell, both in absolute terms (from Rs 211,834 crore to Rs 189,813 crore) […]

ICE360 Survey 2021: PRICE

In News Recently, a survey named ICE360 Survey 2021 was conducted by People’s Research on India’s Consumer Economy (PRICE). Key Findings Income:  Income of the poorest fifth has plunged 53% in 5 yrs while those at top have surged. In a trend unprecedented since economic liberalisation, the annual income of the poorest 20% of Indian […]