- Scroll.in The right to work has been suspended in the state as a result of a political battle over upcoming elections. People working under the Mahatma Gandhi National Rural Employment Guarantee Act in West Bengal have not been paid their wages for more than a year now with the Union government stopping the payment of funds. Bengal is the only state impacted by this stoppage, Scroll.in reports. MGNREGA is a national...
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Joshimath tragedy: Cracks foretold 12 years ago -GS Mudur
-The Telegraph Slushy water is eroding underground rock, accelerating the subsidence in parts of the town, geologist Piyoosh Rautela tells The Telegraph New Delhi: Piyoosh Rautela, a professional geologist, has scrambled over the past week to manage a crisis in Joshimath he had warned about 12 years ago — a spike in the central Himalayan town’s sinking rate triggered by the sudden release of underground water. The water discharge from a burst aquifer...
More »PMO holds high-level meet on Joshimath land subsidence; Experts conduct study
-Hindustan Times The meeting came after Prime Minister Narendra Modi expressed concern over the Joshimath land subsidence issue and reviewed the situation with Uttarakhand chief minister Pushkar Singh Dhami The Prime Minister’s Office (PMO) has held a high-level review meeting on the land subsidence activities in Uttarakhand’s Joshimath and a team of central agencies and experts are assisting the state government to prepare short, medium and long-term remedial measures to deal with...
More »Why India’s Balance of Payments is Headed for Hard Times -Prabhat Patnaik
-Newsclick.in The yawning merchandise trade deficit is occurring not because of any economic boom but in the midst of creeping industrial stagnation. India’s current account deficit for the SECond quarter (July-September) of 2022-23 has reached a massive $36.4 billion, which is 4.4% of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current account deficit...
More »Despite insipid manufacturing show, India’s GDP to grow 7% this fiscal: NSO -Vikas Dhoot
-The Hindu With GDP estimated to have clocked a 9.7% uptick in the first six months, the advance estimate implies that growth will moderate to 4.5% in the SECond half. India’s real GDP is expected to grow 7% in 2022-23, slowing from 8.7% in FY22, as per the First Advance Estimates of National Income for the year released by the National Statistical Office (NSO) on Friday. With GDP estimated to have clocked a...
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