-Hindustan Times On November 7, the government amended the electoral bonds scheme to allow their sale for 15 extra days during the “year of general elections to the Legislative Assembly of States and Union territories with Legislature NEW DELHI: Electoral bonds worth ₹676.26 crore were sold from November 6 to 15 after the government allowed the sale of bonds for an additional 15 days ahead of state elections in Gujarat and Himachal...
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‘Paltry’ insurance payouts irks rain-affected farmers, Centre denies claims -Zia Haq
-Hindustan Times Farm-insurance claims have risen due to extensive crop damage caused by extreme weather conditions this year, but some farmers are angry at being given a pittance as compensation under the Pradhan Mantri Fasal Bima Yojana. Krushna Raut, a farmer in Maharashtra’s Parbhani district, stared in disbelief at a message on his mobile phone, which showed ₹1.76 had been transferred to his Bank account towards his crop-insurance claim. He first thought...
More »Heatwaves in India could soon break human survivability limit, says World Bank analysis -Nandita Banerji
-Down to Earth Poor, marginalised to be worst hit; Economic productivity to be jeopardised too A new report by the World Bank suggests India could soon become one of the first places in the world to experience heatwaves that break the human survivability limit. Climate Investment Opportunities in India’s Cooling Sector said the country is experiencing higher temperatures that arrive earlier and stay far longer. India has witnessed a concurrent increase in meteorological...
More »India to soon suffer heatwaves that break human survivability limit: World Bank report -Sayantani Biswas
-Livemint.com A report shows that lost labor from rising heat and humidity could put up to 4.5% of India's GDP –approximately $150-250 billion – at risk by the end of this decade. A report by World Bank has a ominous warning for India and it only spells doom, as the report has stated that India will soon be one of the first countries that will experience severe heatwaves that will break the...
More »World Bank ups growth for this fiscal to 6.9 per cent
-The Telegraph This is the first upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...
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