-The Hindu Water reaches 136m at the Sardar Sarovar dam Gujarat continues to be battered by heavy rains, prompting authorities to put more than 100 dams and reservoirs on high alert. The State has put more than half of its water bodies on high alert following heavy water inflows at the reservoirs as rains continue unabated, exceeding more than 110 % of the season’s total rainfall. As per the latest update, out of...
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A wider deficit is unavoidable to strengthen demand -Ajit Ranade
-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost WHO reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
More »Curious case of Mudra loan failure and disconnect of BJP's election winning machine -Prabhash K Dutta
-IndiaToday.in Total value of Mudra loans stood at Rs 5.57 lakh crore. Total number of employment generated from this amount stood at 1.12 crore. This means every single employment cost the government around Rs 5 lakh under Mudra Yojana. * PM Modi launched Mudra Yojana as a flagship job creation programme in 2015 * Recent reports say only 20 per cent Mudra loans led to fresh employment * Mudra Yojana Survey by Labour Ministry...
More »Kashmir clampdown is driving up apple prices, you could soon be paying Rs 200-250/kg -Samyak Pandey
-ThePrint.in Apples from Kashmir start coming to Delhi in the last week of August, but the communication & transport restrictions have skewed the supply this year. New Delhi: Apple prices are likely to double in Delhi’s retail market in a month’s time because of the severe disruption in the supply chain from Kashmir, traders at Delhi’s Azadpur Mandi, Asia’s largest WHOlesale market for vegetables and fruits, told ThePrint. Apples from Kashmir start coming...
More »The problem of skilling India -Christophe Jaffrelot & Vihang Jumle
-The Indian Express India’s employment crisis calls for more government expenditure in education, adequate training. Prime Minister Narendra Modi, in his recent Independence Day speech, said, “We need to worry about population explosion”. These words stand in stark contrast to his previous references to India’s demographic dividend where the country’s population was seen as an asset. This shift reflects a new awareness, according to which demography brings a dividend only if...
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