In the gathering gloom of slowing growth and political drift, comes some good news to brighten up the festival season. The latest Human Development Report, released today, shows that “inclusive growth” — the mantra of the entire political establishment — may not be just a mere slogan. Socially and economically weaker sections, like Scheduled Castes, Scheduled Tribes and Muslims, are finally catching up with the rest of the country on important...
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Every eighth urban child in India lives in slum: report by Vinaya Deshpande
Every eighth urban child in India in the age-group of 0-6 years stays in slums, according to ‘Slums in India – A statistical compendium 2011' published by the Union government. “... about 7.6 million children are living in slums in India and they constitute 13.1 per cent of the total child population of the urban areas of the 26 States/ Union Territories reporting slums,” the report compiled by the National Buildings...
More »AP farmers go on 'Crop holiday' by Prashanth Chintala
The state's rice bowl is left empty An unviable minimum support price (MSP) for rice has forced farmers in Andhra Pradesh to leave their lands fallow. The movement is spreading to other states. “Farming never pays” is a familiar slogan among agriculturists across the world, and especially so in India. Nevertheless, many continue to cultivate their fields year after year, barely eking out an existence, toiling in the hope that the tide...
More »States holding up plan to recapitalize regional rural banks by Remya Nair & Anup Roy
The Union government’s plan to recapitalize 40 of the 82 regional rural banks (RRBs) is at risk as some of the state governments are either delaying or refusing to pay their share of money. Due to this, the government has only been able to recapitalize around 12 RRBs, with the stakeholders collectively infusing Rs. 300 crore. The cabinet had approved the Rs. 2,200 crore recapitalization plan of 40 RRBs in February,...
More »Major earthquake may hit north India, fear experts by Jacob P Koshy
Sunday’s 6.8 magnitude earthquake on the Sikkim-Nepal border has wreaked havoc in the Himalayan country and the north- east Indian state, but scientists say the likelihood of a much greater earthquake in north India remains. Despite a decade-long upgrade of seismic monitoring instruments, scientists say their data is insufficient to be able to predict quakes anytime this decade. “Technically, this is classified as a moderate quake (with a magnitude less than 7);...
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