-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
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India needs 30 lakh buses for transport, has only 3 lakh -Dipak K Dash
-The Times of India NEW DELHI: The total number of buses available for transporting general passengers is less than one-tenth of the requirement, posing an enormous logistical challenge. According to government data, there are about 19 lakh buses in the country and only 2.8 lakh of them are run either by state transport undertakings or under stage carriage permits. "We need about 30 lakh buses to meet the requirement of general passengers....
More »Delhi govt to give 10% discount on common mobility card for bus rides -Vatsala Shrangi
-Hindustan Times The Delhi government had launched the common mobility card service on August 25, enabling commuters to pay bus fares through their Metro cards. New Delhi: The Delhi government plans to give 10% discount to the users of newly launched common mobility card in all state-run buses. The transport department will put up the proposal before the Cabinet within a week. The move is aimed at encouraging more passengers to use...
More »Public Transport's share of city trips at all-time low -- and falling -Dipak Kumar Dash
-The Times of India NEW DELHI: India’s Public Transport system is not keeping pace with the auto boom, making commuters shun buses and trains and hop on to two-wheelers and cars. This has resulted in Public Transport’s share of passenger trips falling to an all-time low, and the situation is getting worse with every passing year. Compared with a share of 60-80% of passenger trips across major Indian cities in 1994, the...
More »If India Produces More Foodgrains Than It Needs, Why Are People Still Starving? -Aditi Goyal
-TheWire.in It is set law that procedures cannot impact vested substantive rights – and the right to life and correspondingly, food, is the most substantive of all rights. “After a prolonged decline, world hunger appears to be on the rise again”, claims a report titled ‘The State of Food Security and Nutrition in the World (2017)’ by the Food and Agriculture Organisation of the UN. Nowhere is this more true than in...
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