-Newsclick.in The brake on the release of funds by the Centre, which has found blatant and persistent violation of norms by Nabanna, has queered Mamata Banerjee's pitch. Kolkata: It’s a tough call suddenly for Trinamool Congress chief and West Bengal’s chief minister Mamata Banerjee; TMC’s very comfortable majority in the Assembly notwithstanding. Mamata finds herself in an awkward situation after the arrest of two of her trusted aides – Partha Chatterjee and...
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Patra: India can sustain CAD of 2.5-3% without an external sector crisis
-The Telegraph Overall current account deficit in July rises to $21.04 billion (merchandise and services), commerce ministry reports on Friday Mumbai: Reserve Bank of India deputy governor Michael Patra has tried to soothe concerns about the anticipated surge in India’s current account deficit, suggesting that the country will not be roiled by a crisis if the CAD climbed to anywhere between 2.5 and 3 per cent of GDP. “Our experience has been that...
More »Bharudpura Dam in MP faces disaster after first filling in Aug 2022
-South Asia Network on Dams, Rivers and People (SANDRP) Bharudpura dam (also called Karam dam) on Karam river, a tributary of Narmada river, near Gujari village in Dharampuri Tehsil of Dhar district of Madhya Pradesh faced major disaster after the very first filling in August 2022 when there was seepage from and massive erosion of the dam wall starting from Aug 11, 2022. The disaster at the Rs 304.44 crore project...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »29 elephant poaching cases in 3 years: Centre -Shiv Sahay Singh
-The Hindu The period also saw 90 cases of seizure of tusks/ivory, Forest Ministry tells Lok Sabha In the past three years, 90 cases of seizure of elephant tusks/ivory have been reported in India along with 29 cases of poaching of elephants. The data were shared by the Ministry of Environment, Forest and Climate Change (MOEFCC) in the Lok Sabha on August 8. The highest number of cases of elephant tusk seizure...
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