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Southern Railway hit by severe cash crunch -S Vijay Kumar

-The Hindu General Manager sends SOS to Ministry, warns that onboard housekeeping services will have to be terminated Chennai: Amid an unprecedented cash crunch, the Southern Railway has sent an SOS to the Ministry of Railways that if adequate funds are not allotted by August-end, it would have no option but to terminate onboard housekeeping services (OBHS), pest control and supply of linen contracts on all 110 long-distance trains. While officials prepare to...

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Too much of reforms led to slowdown: NITI Aayog CEO

-The Hindu Amitabh Kant attributes downshift to spate of measures including GST, RERA and IBC New Delhi: A spate of reforms undertaken by the government has led to the current slowdown in the country, Amitabh Kant, the CEO of policy think-tank NITI Aayog, said on Friday. This came as a note of caution from the senior official as he was advocating a series of policy decisions to revive the economy. Greater liquidity “Firstly, you...

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Amritsar: Punjab farmers call off protest after court's intervention

-PTI AMRITSAR: Protesting farmers in Punjab called off their agitation on Wednesday after Punjab and Haryana high court asked the state government to look into their demands. The farmers had been squatting on the rail tracks in Amritsar since March 4 in support of their demands, including full loan waiver, stopping the auction of land and arrest of farmers, and payment for sugarcane crop with 15 per cent interest. A petition seeking the...

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The DeMon's alternative -Venky Vembu

-The Hindu Business Line If the Centre had stuck to its ‘minimum government’ promise, it may have met the note-ban goals – without the pain In a New Year’s Day interview to a news agency, Prime Minister Narendra Modi revisited his government’s demonetisation move of November 2016. Perhaps this was born of the realisation that the notebandi decision and its impact on the economy would likely define the NDA government’s term in...

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Forest land the size of Kolkata diverted for projects over past three years -Mayank Aggarwal

-Mongabay.com * In three years, India’s environment ministry approved diversion of over 20,000 hectares of forest land for developmental projects like mining, thermal power plants, irrigation, road and railway projects across India. * Telangana, Madhya Pradesh and Odisha together account for over 62 percent of the total forest land diverted during this period. * Diversion of forests for non-forestry projects has always been a contentious issue in India especially in light of poor...

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