-The Hindu Reaching the target by 2030-31 has to be ruled out, as it requires a nominal annual growth rate of 18.2%; instead, the scenario can be 2033-34, with the required real rate of growth at 9% The Chief Minister of Tamil Nadu has set Tamil Nadu the goal of becoming a trillion dollar economy (by 2030), as he has indicated over the past year. This is a good aspirational goal. Tamil...
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Melting glaciers threaten China and India’s hydropower ambitions -Alok Gupta
-The Third Pole/ Scroll.in The dams the two countries are relying on may not be able to generate much power if avalanches, landslides and floods continue worsening. As glaciers shrink and monsoon rainfall becomes more unpredictable due to climate change, uncertainty around the viability of hydropower projects in the Hindu Kush Himalayas is increasing. A recent study on the state of a glacier on the southeastern Tibetan Plateau raises questions about the...
More »The rise of rural manufacturing -M Suresh Babu
-The Hindu A steady stream of investments in rural locations over the last two decades has ensured that 42% of factories and 62% of fixed capital is in the rural side There is growing evidence to suggest that the most conspicuous trend in the manufacturing sector in India has been a shift of manufacturing activity and employment from bigger cities to smaller towns and rural areas. This ‘urban-rural manufacturing shift’ has often...
More »Global slowdown weighs on two-wheeler exports: SIAM
-The Hindu Business Line Major exporters such as Bajaj Auto, Hero MotoCorp, HMSI and TVS Motor Company, all have reported decline in sales The global slowdown has impacted two-wheeler exports between April and November this year to 26,79,201 units, a decline of 10 per cent y-o-y as compared with 29,76,065 units in same period last year. Major exporters such as Bajaj Auto, Hero MotoCorp, Honda Motorcycle & Scooter India (HMSI) and TVS Motor...
More »Inflation at 11-month low, eases to 5.88%
-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...
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