-National Herald It is a scheme to engineer a transfer of income and wealth to those at the apex of the wealth pyramid. It is just a way to hand over wealth created with public money over decades to corporates Camouflaged In jargon that speaks of ‘monetisation of de-risked assets’, the BJP-led NDA government has announced its PLAn to sell out India’s public sector. In that PLAn, assets ranging from roads, ports,...
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Centre to farm out assets to private sector to raise Rs 6 lakh cr
-The Telegraph Roads and railway assets will unlock the greatest value with the estimates put at Rs 1.62 lakh crore and Rs 1.52 lakh crore, respectively The Narendra Modi government PLAns to farm out a vast trove of assets to the private sector over the next four years to raise Rs 6 lakh crore through an elaborate asset monetisation exercise. “This is not a fire sale of government assets,” Niti Aayog vice-chairman Rajiv...
More »Ambiguous definition means oil-palm PLAntations will count as forest cover -Jayashree Nandi
-Hindustan Times The Forest Survey of India defines forest cover thus: “All lands, more than 1 ha in area with a tree canopy density of 10% irrespective of ownership and legal status. The National Mission on Edible Oils- Oil Palm (NMEO-OP), approved by the Union Cabinet last week, will increase the area under oil palm cultivation by an additional area of 6.5 lakh hectare (ha) by 2025-26, bringing a total area of...
More »The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh
-NetworkIdeas.org With its gross debt as of March 31, 2021 PLAced at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to...
More »Drought scare looms large over a fifth of India -Shagun Kapil
-Down to Earth Till 2020, 7.86% of India’s land was under drought-like conditions Over a fifth of India’s land area (21.06 per cent) is facing drought-like conditions, according to recent data released by Drought Early Warning System (DEWS), a real-time drought-monitoring PLAtform. This is 62 per cent more than the area under drought during the same period last year, which was 7.86 per cent. The 21.06 per cent area is under different degrees...
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