-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP growth rate for the first quarter of FY20 is feared to be lower than...
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13 States, UTs improve their water management practices -Jacob Koshy
-The Hindu Gujarat tops rankings for second time New Delhi: Thirteen of the 27 States and Union Territories have improved their water management practices from last year, an analysis by the NITI Aayog has revealed. Gujarat, though it dropped a point, topped the rankings for the second year in a row with a score of 75 out of a maximum possible 100. Six States did worse than last year — with Delhi, which was...
More »The business of politics, the necessity of values -Mukulika Banerjee
-The Indian Express Elections are short term contests, but the political project of democracy is a long game. Democracy is not just a set of institutions but also a set of values. The institutions are, minimally speaking, free and fair elections, an elected Parliament containing an executive and an Opposition to hold it accountable, an independent judiciary, a nonpartisan bureaucracy, a free media, and security of existence for all citizens. Democratic values...
More »Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown
-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...
More »RTI reveals Kolhapur floods caused by tampering with technically established flood lines to please builders -Vinita Deshmukh
-MoneyLife.in The flood havoc in Kolhapur and Sangli districts has killed 54 people and thousands of cattle, besides causing colossal loss of property, farmlands and crops. Was it the ferocity of nature that caused such a great calamity or did human interference aggravate the situation? RTI documents reveal that tampering of the red and blue line demarcation of the Panchganga River in the Kolhapur Development Plan, due to the pressure of the...
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