-The Times of India GURUGRAM: Many years back, Sujata Sahu was hiking the heights of Ladakh when she came upon local teachers heading back to Leh to get midday-meal supplies and uniforms for their students, a journey that usually takes a minimum of four days. Seeing such commitment inspired this resident of Sohna Road to start an initiative to improve education for kids in the remotest of villages. "Since then, I have...
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India sees worst outflow of FIIs/FPIs in 18 years -Furquan Moharkan
-Deccan Herald For the first time in 18 years, the country has witnessed a record withdrawal of foreign investors from the Indian equity and debt markets. Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) have pulled out a record Rs 51,591 crore from the Indian markets in less than nine months of this year amid concerns over a slide in rupee value against the dollar. Earlier in 2008, the FIIs had...
More »2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer
-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
More »Changing rainfall patterns cause for worry in India -Nidhi Jamwal
-India Climate Dialogue The meteorological department’s analysis of annual rainfall for the past 50 years has found significant increasing or decreasing trends in districts that could put a spanner into India’s food security scenario. Since June 13, there has been a hiatus in the advance of southwest monsoon in the country due to the weakening of its circulation pattern. This dry spell is expected to soon change as the monsoon is likely...
More »Caste thicker than blacktop on roads -Basant Kumar Mohanty
-The Telegraph New Delhi: Indian lawmakers who win closely fought elections often pay off their local political debts by engineering the award of village road-building jobs to contractors from their caste, a US-French study has found. It has added that these roads have a higher probability of never being built. The two major findings by Jacob N. Shapiro from Princeton University and Jonathan Lehne and Oliver Vanden Eynde from the Paris School of...
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