-Frontline.in Four years after Prime Minister Narendra Modi’s announcement of the Namami Gange project, the river remains as dirty as ever. WHILE in Varanasi to file his nomination papers for the 2014 Lok Sabha election, Narendra Modi, then the Bharatiya Janata Party’s (BJP) prime ministerial nominee, had declared with his characteristic bravado, “I have not come here on my own. I have been invited by mother Ganga.” He said it was his...
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99.40% of demonetised notes returned: RBI
-The Hindu Business Line Value of banknotes in circulation increased to Rs 18.03 lakh crore as at end-March 2018 Mumbai: Close to 99.40 per cent of specified bank notes (SBNs) of Rs 500 and Rs 1,000 denominations, which were scrapped in the November-December 2016 period, have been returned from circulation, according to the Reserve Bank of India's annual report. The report pegged the total SBNs returned from circulation at Rs 15.31 lakh crore....
More »India's new compensatory afforestation rules dilute rights of forest dwellers -Mayank Aggarwal
-Mongabay.com * India’s environment ministry has notified the Compensatory Afforestation Fund (CAF) Rules 2018 to ensure proper utilisation of Rs 660 billion for plantation of trees across India. * Environmentalists and civil society groups are against the rules as they point out that the rules ignore the rights of forest dwellers and tribals. They also said that the new CAF rules are against existing laws ensuring forest rights and self governance for...
More »Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
More »Modi govt's ad spend could feed 46 million children mid-day meal for a year -Shreya Raman
-Business Standard/ India Spend The BJP-led government spent Rs 4,880 crore ($753.99 million) on advertising its flagship schemes in the 52 months between April 2014 and July 2018 Mumbai: Midday meals for 45.7 million children for a year. One day’s wages for 200 million workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). About 6 million new latrines. And at least 10 more Mars missions. These were some of the things...
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