-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
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Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
More »India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee
-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...
More »Bihar is India's Most Flood-Prone State: International Water Management Institute
-PTI Patna: Bihar is the country's most flood-prone state with 73 per cent of its 94,163-sq.km area getting flooded annually, the International Water Management Institute (IWMI) said in Patna today. 76 per cent people of North Bihar are at risk of getting caught in floods, said Giriraj Amarnath, senior researcher and project lead of IWMI, who added that Index-based Flood Insurance (IBFI) could prove to be a boon for the situation. Speaking at...
More »India's silence on sustainable development goals is alarming -KumKum Dasgupta
-Hindustan Times While searching for updates on the United Nations Third International Conference on Financing for Development, which took place in Addis Ababa recently, I came across an interesting piece of news: Music maestro AR Rahman and Bollywood superstar Hrithik Roshan would join a seven-day global campaign to popularise the sustainable development goals (SDGs), which are a new set of universal goals, targets and indicators that 193 UN member states will...
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