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A Budget blueprint for difficult times -Manmohan Singh, P Chidambaram and Praveen Chakravarty

-The Hindu Alarming inequality, failing health care and border tensions loom large and the economic situation needs full attention As the country prepares to enter a new financial year after an ominous and gloomy 2020-21, there are great expectations about green shoots and the shape of the economic recovery. The havoc wreaked by the novel coronavirus pandemic on people’s lives and livelihoods is deep and enormous. The impact of the COVID-19 induced...

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India tightens oversight on funds received by NGOs -Vijaita Singh

-The Hindu New guidelines to Banks on Foreign Contribution (Regulation) Act rules. The Ministry of Home Affairs (MHA) has laid down a charter for Banks which says that “donations received in Indian rupees” by non-governmental organisations (NGOs) and associations from “any foreign source even if that source is located in India at the time of such donation” should be treated as “foreign contribution”. As per the existing rules, all Banks have to report...

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RTI reveals MoEF&CC cleared 3 highway proposals disregarding WII’s views -Ishan Kukreti

-Down to Earth Ranthambhore tigers, Chambal gharials and a host of other species could be in trouble due to the clearance given to the highway proposals The Union government has approved forest land diversion for three highway proposals in Rajasthan’s Ranthambhore and Mukundara Tiger Reserves, disregarding the Wildlife Institute of India (WII)’s views, a Right to Information (RTI) application by Down To Earth has revealed. The proposals were approved October 5 last year...

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BoB chief warns of rising stress in retail and small businesses -Shayan Ghosh

-Livemint.com Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress. “The kind of stress we are seeing now...

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India seventh on index of countries impacted by climate change in 2019

-The Indian Express 'Extremely severe' cyclone Fani affected 28 million people, killing 90 people in India and Bangladesh, and causing economic loss to the tune of US$8.1 billion, the report added. India ranks seventh among countries most affected in 2019 by climate change, according to the Global Climate Risk Index, 2021, released Monday by Germanwatch — an NGO based in Bonn, Germany. In 2019, monsoon continued for a month longer than normal in...

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