-The Hindu Jaitley blames ‘spurt in demand’; Congress recalls note ban Amidst reports of a cash crunch from different parts of the country, Union Finance Minister Arun Jaitley said the government was “tackling the issue quickly” to overcome a “temporary shortage” caused by a sudden spurt in demand. But with hash tags #cashcrunch and #ATM trending on Twitter all day, Opposition leaders launched a scathing attack on the government. Minister’s assurance Responding to the currency...
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IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera
-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
More »Freeing the farm -Ashok Gulati & Shweta Saini
-The Indian Express Raising agricultural exports requires the government to unburden policy of consumer bias. A balance should be struck between meeting the needs of food-insecure consumers and income-insecure farmers. The Agriculture Minister, Radha Mohan Singh, recently tweeted about the government’s resolve to increase the value of the country’s agricultural exports to $100 billion by 2022-23. The Dalwai Committee Report on doubling farmers’ incomes also talked of a similar target. It said,...
More »PMO for ordinance to counter court ruling on SC/ST -Rakesh Mohan Chaturvedi
-The Economic Times NEW DELHI: After a successful Bharat Bandh against the Supreme Court judgement on the SC/ST Act, the government is worried about losing the perception battle to rival political parties on being pro-Dalit. While the suggestion for issuing an Ordinance-if needed to counter an adverse SC verdict on the review petitioncame from the Prime Minister’s Office, some cabinet ministers are of the view that issues like reservation in promotion and...
More »Why India's draft national forest policy needs an urgent course correction -Ananda Banerjee
-Livemint.com The current National Forest Policy dates back to 1988 before India’s economic liberalization started and now the government wants a revision, as it perceives a decline in corporate investments into the forest sector New Delhi: Imagine two scenarios. One is a natural forest, nature’s complex multi-layered ecosystem and a landscaped home to 80% of all terrestrial biodiversity where thousands of species of plants, animals and microorganisms interact and thrive. The second...
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