-The Indian Express The century-old the law against homosexuality was imposed on pre-independent India in accordance with the Christian prINCiples on which the British kingdom was founded. New Delhi: India was introduced to the law against homosexuality almost 80 years before it became independent. At its zenith, the British Empire as part of its ‘civilising mission’ imposed the criminal law of England, INCluding the anti-sodomy law, on its colonies. While the...
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RBI: Loan defaults by small businesses double in a year -George Mathew
-The Indian Express RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. Mumbai: MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures...
More »Madhav Gadgil, noted ecologist, interviewed by Nidheesh MK (Livemint.com)
-Livemint.com Ecologist Madhav Gadgil, whose report on Western Ghats was rejected by the Kerala government, on what caused the Kerala floods and how the rebuilding process should be carried out Ernakulam (Kerala): Submitted seven years ago on 31 August 2011, ecologist Madhav Gadgil’s report on the biodiverse Western Ghats—a portion of which falls in Kerala—had warned that the combination of massive ecological destruction and extreme weather events trigger disaster. His words proved...
More »Public transport's share of city trips at all-time low -- and falling -Dipak Kumar Dash
-The Times of India NEW DELHI: India’s public transport system is not keeping pace with the auto boom, making commuters shun buses and trains and hop on to two-wheelers and cars. This has resulted in public transport’s share of passenger trips falling to an all-time low, and the situation is getting worse with every passing year. Compared with a share of 60-80% of passenger trips across major Indian cities in 1994, the...
More »Consumption-driven GDP growth unhealthy for Indian economy -Manas Chakravarty
-Livemint.com A consumption-driven growth not only fuels inflation, but also can arguably lead to a slackening of future growth Economic growth of 8.2% for the June quarter may have beaten all estimates, but the big question is: what kind of growth is it? Is the economy firing on all the engines of domestic consumption, investment demand and external demand? Let’s look at the numbers. The anecdotal evidence of a spurt in consumption growth...
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