-Livemint.com Model will allow India next year to contribute for the first time to annual report of global climate change panel New Delhi: India has a new and improved climate prediction model, which will help make more accurate long-range forecasts of the erratic monsoon and allow scientists to better study the impact of climate change on the monsoon. The model, developed by researchers at the Pune-based Indian Institute of Tropical Meteorology (IITM),...
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Deforestation impacts monsoon rains, says IISc study -N Gopal Raj
-The Hindu India is the most affected, with 18 p.c. drop in summer rains THIRUVANANTHAPURAM (Kerala): Widespread deforestation, especially in the northern high latitudes, takes a toll on the monsoon across the northern hemisphere, with rains over India particularly badly affected, according to a new study from researchers at the Indian Institute of Science in Bangalore. By the 1750s, only about seven per cent of the global land area had been cleared...
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »A budget to transform -Pulapre Balakrishnan
-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
More »Rural reach -Amita Sharma
-Financial Chronicle From the inner recesses of Chattisgarh to the upper crevices of Sikkim, a look at how MGNREGA initiatives are changing lives The large blackboard outside the police station reads like a rate list. There are different monetary awards for Naxalites' surrender with different weaponry, the highest, Rs 4.5 lakh, for surrender with a light machine gun, Rs 3 lakh with an AK 47, and only Rs 30,000 with a 12...
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