-The Telegraph West Bengal Power Development Corporation Limited to file separate affidavits stating particulars of the proposed coal mine project in Birbhum district Calcutta: Calcutta High Court on Tuesday asked both the state government and the West Bengal Power Development Corporation Limited (WBPDCL) to file separate affidavits in two weeks stating details of the proposed Deocha-Pachami-Dewanganj-Harinsingha (DPDH) coal mine project in Birbhum district. A division bench of Chief Justice Prakash Srivastava and Justice...
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economist to Jharkhand: Add an egg to midday meal -Achintya Ganguly
-The Telegraph Jean Dreze reminds Rameshwar Oran that 'Jharkhand’s children are among the most undernourished in the world' Ranchi: An egg served with every school midday meal will not only help address nutrition issues among children but also improve attendance at schools, development economist Jean Dreze said in a letter to Jharkhand finance minister Rameshwar Oran on Thursday. In the letter, Dreze appealed to the minister “for provision of one egg per day...
More »World’s most vulnerable now paying even more, for less food: FAO
-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...
More »India's GDP growth further slows to 4.1 per cent in fourth quarter
-The Telegraph Downward revision was expected as omicron variant and start of Russia-Ukraine war hit Q4: economist New Delhi: Growth in the fourth quarter of 2021-22 (January-March) slowed to a crawl at 4.1 per cent, reflecting just how enfeebled the economy had become because of weakening demand and a broad-based surge in prices that sent inflation to an eight-year high at 7.79 per cent in April. The slowdown meant that the fourth quarter...
More »What’s falling: Poverty or quality of analysis? -Santosh Mehrotra
-Deccan Herald Dodgy data Surjit Bhalla, India’s Executive Director (IMF), Arvind Virmani, former Chief Economic Advisor under UPA, and K Bhasin, in an IMF Working Paper, state that to estimate poverty, when no survey has been undertaken, is to take the most recent survey (2011-12) data and update individual consumption (or personal) income by the corresponding growth rate observed in the national accounts (NAS). However, there are problems with estimating poverty based on...
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