-PTI Industry leaders met Finance Minister Nirmala Sitharaman in New Delhi for three hours. Businesses on Thursday asked the government for a stimulus package of over Rs 1 trillion to restart investments and revive the economy. Industry leaders, who met Finance Minister Nirmala Sitharaman in New Delhi for three hours, said the government will soon take action to boost economic Growth. "The economy requires a critical intervention by introducing a stimulus package. We have...
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Manisha Verma, principal secretary, tribal development department, Maharashtra interviewed by Sugandha Indulkar (The Times of India)
-The Times of India Manisha Verma, principal secretary, tribal development department, Maharashtra talks to Sugandha Indulkar about The Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006 and related issues, with today being World Tribal Day. * What’s the precise positioning of the tribal welfare departments at the Centre and states on FRA? This is a seminal legislation. The preamble to the Act itself states that it aims...
More »Planting forests no panacea for the climate crisis: IPCC -Tarun Gopalakrishnan
-Down to Earth The IPCC’s Special Report on Climate Change and Land says land-based carbon sinks are not limitless The carbon cycle is classically described in terms of ‘sources’ and ‘sinks’ of emissions. The electricity sector, which converts fossil fuels into light and heat, is a source (as are most human activities since the dawn of the industrial age). Identifying sinks is trickier. We know that, as a general principle, more forest cover...
More »India's economy is in such deep slump that lowering interest rates alone won't fix it -Rahul Menon
-Scroll.in/ qz.com There are parallels between India’s economic situation today and the US experience of 2008. The Indian economy is facing one of its most challenging times in years, and policymakers are responding to the crisis through monetary measures, such as tweaking key interest rates. But how far can this go in reviving Growth? On August 7, the Reserve Bank of India, in its bi-monthly monetary policy meeting, lowered its Growth projection for...
More »The Indian economy is blaring warnings, but the Modi government remains in denial -Jayati Ghosh
-Scroll.in/ qz.com While the government was busy celebrating cosmetic measures like ‘ease of doing business’ ranking, the real economy tanked. Suddenly, it seems like everything is shrinking in India: our capacity for tolerance and diversity, the space for democratic expression and dissent – and now, economic Growth. The warning signs have reached a point where they cannot be ignored any longer and more people, including prominent business leaders, are speaking out. Yet, at...
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