-PTI NEW DELHI: Breaking from past, the Economic Survey for 2017-18 was printed in pink colour as it waded into the problem of gender bias prevalent in India. Indian parents continue to have children until they get the desired number of sons, it said observing that the adverse sex ratio of females to males has led to 63 million "missing" women. The pre-Budget annual document detailing state of economy was in the...
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Goa's iron ore reserves may exhaust within ten years, opine expert
-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...
More »Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »A natural stream is back from the dead in Kerala -Radhakrishnan Kuttoor
-The Hindu District Collector in Kerala breathes new life into the Karimaramthodu Pathanamthitta (Kerala): A nearly dead natural stream in Kerala has been nursed back to life by a District Collector, who believes that “there is a stream flowing through everyone’s life.” No one imagined that Karimaramthodu, which at one time flowed vigorously around the paddy fields of Aranmula Puncha, could be salvaged after it was filled up for a private airport project. Their...
More »Iron, steel cos' GNPA for PSBs in basic Metals 24%: Govt
-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic Metal and Metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic Metal and Metal product category as on September 30, 2017...
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