-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
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Farmers in parched India village use crowdfunding to build canal -Saritha Rai
-Bloomberg When farmers in the scorched village of Horti in Western India were struggling to raise money for a canal, they turned to an unlikely source: a crowdfunding website called FuelADream. The farmers had never heard of crowdfunding before, but a local non-profit group suggested the site and helped them write a proposal that explained how a canal would help feed local families. Within weeks, they had raised Rs 300,000 ($4,490) from...
More »Farmers opting for pulses over cotton -Himanshu Kaushik
-The Times of India AHMEDABAD: With the prices of tur dal and other pulses skyrocketing, to between Rs 155 and Rs 180 a kg, farmers in the state are increasingly choosing to sowing pulses. The area sown with tur, urad and other pulses in the state has risen by 77% from last year. The area sown with pulses was 5.81 lakh hectares this year, while this number was 3.28 lakh ha...
More »There isn’t enough water to interlink rivers across India: IIT study -Snehal Fernandes
-Hindustan Times Mumbai: The government’s ambitious plan to interlink India’s rivers for better distribution of water across the country may need to be tweaked to factor in the effects of climate change. An analysis of weather data for 103 years (1901 to 2004) by researchers from the Indian Institutes of Technology in Mumbai and Chennai shows that rainfall has decreased over the years, reducing water stocks even in river basins that have...
More »Cook to coder: How low-income youth are writing a better future -Shobita Dhar
-The Times of India Thanks to online courses and the initiatives of a few individuals, youngsters from underprivileged backgrounds are learning to crack the code. In 2014, Akash Nautiyal was robbed - he lost everything money, laptop, books, clothes, and since he didn't have cash to get to the call centre he worked at, he lost his job. His landlord evicted him, and Nautiyal, then 17, took up a job as a...
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