Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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Centre’s IT Rules bring answerability in digital ecosystem. But they also increase political control -Apar Gupta
-The Indian Express Apar Gupta writes: The substance of many of the requirements were never put to public consultation or deliberation by experts. This is particularly the case for the regulations for online news portals and video streaming platforms. In the polarised environment that we now inhabit, there are few public agreements. One of these rare instances is an agreement that social media is broken. For many commentators, this is an area...
More »Fish Industry in West Bengal in Troubled Waters -Shoma A Chatterji
-TheCitizen.in Fish lovers in West Bengal may soon be threatened with a scarcity in the supply of fish or rise in price or both. The fishermen and the trawler owners are very angry. Without giving a thought to the consequences of a continuous arbitrary rise in the price of diesel, petrol, kerosene and cooking gas by the central government has led to severe disbalance in the finance and employment sector in the...
More »A Market gone awry -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org It defies all logic. As expected, once the implications of the Covid-19 contagion began to be absorbed, the BSE Sensex lost 37 per cent in value, falling from a level just above 41,000 on February 19, 2020, to just below 26,000 on 23 March 2000 (Chart 1). That was the day when the nationwide lockdown was declared and three days before the first of the government’s...
More »Uttarakhand flood: 2019 study warned Himalayan glaciers melting at alarming speed
-PTI/ The Hindu The 2019 study, spanning 40 years of satellite observations across India, China, Nepal and Bhutan, indicates that climate change is eating the Himalayas’ glaciers, the researchers said. As a part of the Nanda Devi glacier broke off in Uttarakhand’s Chamoli district on Sunday, leading to massive floods, a study published in 2019 had warned that Himalayan glaciers have been melting twice as fast since the start of this century...
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