-The Times of India NEW DELHI: Underlining the importance of wetlands not only as a source of water but also as ecosystems that prevent land degradation and desertification, the Centre has identified 130 wetlands for priority restoration in the next five years and asked states to submit their respective integrated management plan by October 15. The highest number of such identified wetlands are in Uttar Pradesh (16) followed by Madhya Pradesh (13),...
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Adopt a green growth strategy to boost the sluggish automobile sector
Among the measures announced by the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 23rd August, 2019 to arrest economic downturn, the following are noteworthy: * Allow Bharat Stage IV (BS-IV) vehicles (which are purchased till 31st March, 2020) to remain operational for the entire period of registration; * Government shall lift the ban on purchase of new vehicles for replacing all old vehicles by its various departments; *...
More »Why India's mega bank mergers move may not yield the desired results -Mythili Bhusnurmath
-The Economic Times Government’s forced mega merger of public sector banks could scupper economic recovery. I am not saying we maintain a Panglossian countenance, that we smile away every difficulty. But, in any real economy, the mood is very important,’ observed Reserve Bank of India governor Shaktikanta Das, speaking at an event in Mumbai late August. Sound advice. Sentiment matters. Irrational despondency can be as damaging for the economy as ‘irrational exuberance’. But...
More »Uttar Pradesh journalist, two others booked for filming school kids eating salt-roti -Namita Bajpai
-The New Indian Express In his complaint, the block education officer had alleged that Pawan Kumar Jaiswal deliberately shot the video doing 'despicable work' of maligning the IMAge of the state government. LUCKNOW: More than a week after a video went viral showing some students in Mirzapur district being served ‘roti’ with salt in mid-day meal, the district administration has booked the journalist along with two others for allegedly doing ‘despicable work’...
More »Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
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