-PTI NEW DELHI: The Delhi high court has sought responses of the Centre and the AAP government on a plea seeking directions to them to take steps to address issues related to starvation deaths, especially of children, in the national capital and also in other parts of the country. A bench of Chief Justice Rajendra Menon and Justice VK Rao issued notice to the Ministry of Home Affairs and the Delhi government...
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Pollution body gets 3k complaints on social media, app in 10 days
-Hindustan Times Most complaints relate to violation of norms at construction and demolition sites, dumping of garbage, open burning of waste. The Central Pollution Control Board (CPCB), the country’s apex pollution control body, has received more than 3,000 complaints through its social media accounts, email and mobile app, from citizens relating to violations of green norms that is adding to the deteriorating air quality of the national capital. We have received more than...
More »Missing the wood for the trees -Prabhat Patnaik
-The Indian Express Debate around RBI-government stand-off ignores the structural cause behind India’s economic woes: Interest rates as an instrument cannot achieve multiple, contradictory goals. The stand-off between the Narendra Modi government and the Reserve Bank of India has generated a false discourse on the one hand and an illusion on the other. In this discourse, the RBI’s position, articulated by its deputy governor, is that central bank policy has to be...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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