-Peoples' Dispatch A convergence of factors such as extreme heat waves, melting glaciers, and heavy monsoon rainfall explains the scale of floods in the country. All these factors are connected to climate change Floods have devastated Pakistan this year, with 33 million people affected and more than 1,200 killed. Rivers breaching their banks coupled with the bursting of glacial lakes inundated almost one-third of the country, causing a massive economic loss. Recovery...
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Assam suffers 195 human casualties in two waves of flood
-The Telegraph Senior official says deaths are highest in 'recorded' history of the state Guwahati: Assam has suffered 195 human casualties in the two waves of flood that have hit the state between April 6 and July 15 this year, leaving behind a trail of unprecedented destruction, affecting one third of the state’s over 3.2 crore population and triggering a massive rescue and relief operation. According to chief minister Himanta Biswa Sarma, besides...
More »India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report
-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...
More »A ban on wheat exports was the country’s least damaging option -Indira Rajaraman
-Livemint.com India’s wheat export proscription was the first signal of awareness that moves on many fronts are needed for inflation control The Indian export ban on wheat in mid-May drew much negative attention. For the record, it is a ban on private sector wheat exports, and leaves open government-to-government contracts. The widespread criticism of the ban was misplaced in my opinion. Private wheat traders had responded exuberantly to the global demand for wheat...
More »Get these wrinkles out of the South Asian textile story -Syed Munir Khasru
-The Hindu Ensuring government support for financial incentives, upgrading technologies and reskilling labour are key challenges South Asia became a major player in the global textiles and clothing market with the onset of the Third wave of global production. Bangladesh joined the league in the 1980s, owing to the outbreak of the civil war in Sri Lanka. Supportive industrial policy was an instrumental factor in the 1990s, with zero duty on raw...
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