-The Times of India NEW DELHI: Around 235 districts across the country face the prospect of drought this year as the monsoon appears headed for a below-normal performance, with the season's deficit currently at 6.2% of normal. These districts, accounting for 37% of India's 630 districts for which rain data is available, have monsoon shortfall of at least 20%, with nine show acute deficits of 60% or more, data from the India...
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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »When farmers got Re.1 loan waiver
-The Hindu Over 17,260 persons in Uttar Pradesh get relief of just Rs. 1,000 or less Over 17,260 farmers in Uttar Pradesh have received loan waiver certificates for only Rs. 1,000 or less under a scheme in which the BJP government had promised to waive farm loans of up to Rs. 1 lakh. Of the 17,262 farmers, 4,814 got loan waivers of amounts between Rs. 1 and Rs. 100, while 6,895 received...
More »'Centralisation, focus on tech undermining MGNREGA'
-The Hindu Business Line Concerns flagged over delay in wages, absence of grievance redressal New Delhi: Citing cases of Aadhaar linkage with wrong accounts, delayed and inadequate wages, especially to thousands of women, preparation of muster rolls in English and centralisation of the programme, workers and organisations from across the country are on dharna in Delhi to reaffirm their “legal entitlements’ under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “Even based...
More »'Over-invoicing by power companies': PIL in Delhi HC seeks SIT probe against firms -Khushboo Narayan
-The Indian Express The Directorate of Revenue Intelligence (DRI) is currently investigating over a dozen firms, including firms of the Adani Group, Essar Group and Reliance ADAG Group, among others for alleged over valuation of Indonesian coal imports and power equipment imports between 2011 and 2015. Delhi-based NGOs, Centre for Public Interest Litigation and Common Cause, have filed a writ petition in the Delhi High Court seeking an SIT investigation into the...
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