-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
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Cooking with gas, not wood -Sangita Vyas & Aashish Gupta
-The Hindu Under the PM Ujjwala Yojana, rural areas that still rely on solid fuel can be encouraged in three ways to use clean fuel When we introduced ourselves to Kishan Kumar Dubey, he remembered that we had visited his home four years ago. Mr. Dubey was a respondent in our study conducted on solid fuel use in 1,550 households between August and December 2018. Wearing glasses, Mr. Dubey sat on his...
More »Rediscovering development banks -R Nagaraj
-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...
More »Now, sanitary pads for Rs 1 at Jan Aushadhis -Sushmi Dey
-The Times of India NEW DELHI: With an aim to ensure women’s hygiene, the government has slashed price of sanitary napkins sold at Jan Aushadhi stores to just Re 1 per piece from Rs 2.50. The biodegradable napkins - available in a pack of four - will be sold at a subsidized price under the brand 'Suvidha' at 5,500 such stores across the country. The move assumes significance as many women, especially...
More »Sardar Sarovar Dam water level rises, MP village set to vanish
-PTI The village has a population of around 10,000 and several of them have moist eyes as they see everything that was part of their lives start to fold up as the water level rises unrelentingly. INDORE: A village in Madhya Pradesh's Dhar district has begun submerging as the level of the backwater of neighbouring Gujarat's Sardar Sarovar Dam started rising over the past fortnight due to heavy rains. On Sunday, the backwater...
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