-PTI The scheme can have a negative impact on prices, productivity: FICCI-KPMG New Delhi: After the Prime Minister's referred to MGNREGA as a "monument to the failure of the UPA regime", comes a report blaming it for creating shortage of farm labour. A Federation of Indian Chambers of Commerce and Industry (FICCI)-KMPG report titled ‘Labour in Indian Agriculture: A Growing Challenge', released here on Wednesday, says schemes, such as the Mahatma Gandhi National...
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Deforestation impacts monsoon rains, says IISc study -N Gopal Raj
-The Hindu India is the most affected, with 18 p.c. drop in summer rains THIRUVANANTHAPURAM (Kerala): Widespread deforestation, especially in the northern high latitudes, takes a toll on the monsoon across the northern hemisphere, with rains over India particularly badly affected, according to a new study from researchers at the Indian Institute of Science in Bangalore. By the 1750s, only about seven per cent of the global land area had been cleared...
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »Through the smog, darkly -Awadhendra Sharan
-The Hindu With the world's most toxic air, Delhi struggles to breathe. Although its challenges are many, going forward, the city must learn a few basic lessons from the past The summer of 1857 is well-etched in the Indian psyche as the summer of revolt, of a mutiny against the British. Earlier that year, however, there was a smaller initiative that bears recollection - for it speaks of an unfinished agenda of...
More »A hasty, half-baked report on environment -Ramaswamy R Iyer
-The Hindu The report of the High-Level Committee for reviewing environmental laws has a misplaced focus on speedy project clearances and wrongly attributes their delays to environmental laws The report of the High-Level Committee (HLC) on a review of environmental laws may no longer be in the news, but its potential for impacting environmental governance in the country has not diminished. That potential will become real soon enough. A note of caution...
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