-Down to Earth In a warming world, governments are far from prepared to resettle people evicted by sea-level rise Bay of Bengal is the hotbed of tropical cyclones. Estimates show that eight of the 10 deadliest tropical cyclones in the world have originated here. Over the past few decades, cyclones in Bay of Bengal have not only become frequent, the region is also experiencing the largest relative increase of flood risk and...
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What is the financial position of the 5 states described as stressed by RBI? -Tina Edwin
-MoneyControl.com Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if...
More »Centre job fund whip on Bengal -Pranesh Sarkar
-The Telegraph Delhi asks state to recover funds spent on 100 days’ job scheme projects where malpractice was ‘found’ by the monitoring team Calcutta: The Centre has asked the Bengal government to recover funds spent on 100 days’ job scheme projects where malpractice was “found” by a national-level monitoring team while making it clear that release of more money under the MGNREGA for 2022-23 financial year may depend on the state’s efforts...
More »MGNREGA workers in West Bengal hit streets, demand payment of pending wages -Shiv Sahay Singh
-The Hindu Wages amounting to ₹2,800 crore are pending with the Centre Dipali Mahato was among the hundreds of workers who gathered in front of the District Magistrate’s office in Purulia on Friday, demanding wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). “I have not received wages amounting to ₹8,000. The last time I worked under a 100 days employment scheme was in January this year,” Dipali said. A mother...
More »Economist recounts boom-to-gloom experience of Argentina -Joyjit Ghosh
-The Telegraph Kaushik Basu credits country’s intellectual influx and links its downfall to the practice of hyper-nationalism by junta in 1930s Calcutta: The pursuit of hawkish nationalism is detrimental to the growth of a country’s economy, Kaushik Basu, C. Marks Professor of international studies and professor of economics at Cornell University, said at Para in Purulia on Thursday. “We cannot be hyper-nationalistic…,” Basu said while delivering a lecture on “India’s economy and the...
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