-IANS Bhubaneswar: After its two-day review of the drought situation in Odisha, a central team on Saturday admitted that the situation in the state is gloomy with over 80 percent crop loss in many areas. "Extensive damage of crops, especially paddy, has taken place in many areas. We have seen that while there was no sowing in some areas, some places have no grain. The farmers need compensation to sustain their livelihood,"...
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Draft Paris pact stresses ‘voluntary contributions’ -G Ananthakrishnan
-The Hindu India says it is ready for a regime of stocktaking of future carbon emissions. In a clear signal that active diplomacy is at work to forge an agreement in Paris based on voluntary pledges, one that is subject to transparent monitoring, India said on Friday that it was ready for a regime of stocktaking of future carbon emissions. The U.S., on its part, said it had “nothing but respect” for...
More »Drought crisis worsens: nine states declared hit -Archana Shukla
-MoneyControl.com CNBC-TV18's Archana Shukla reports that with India in the throes of one of the most severe droughts in recent times, the numbers of drought-hit districts is only expected to rise in the coming weeks. Tamil Nadu may be drowning, but nine other states in the country are thirsting for a drop of water and have approached the central government for emergency drought relief. CNBC-TV18's Archana Shukla reports that with India in...
More »Unintended Consequences Of NREGS -Shailesh Chitnis
-Outlook Recent studies point to two areas where NREGS has had an impact — rural education and Naxalite conflict. "Economics is haunted by more fallacies than any other study known to man." This rather depressing assessment of the field is the opening sentence of Henry Hazlitt's classic primer, Economics in one lesson. In Hazlitt's view, most economists only measure the immediate impact of their policies. A good economist, Hazlitt contended, looks not merely...
More »India ranks 131 on global index of ICT access: Report
-PTI United Nations: India has been ranked a low 131 out of 167 nations on a global index that measures the level of information and communication technology access, even as the number of households with Internet and computer has increased in the country over the last five years. UN International Telecommunications Union’s flagship annual Measuring the Information Society Report said that globally 3.2 billion people are now online, representing 43.4 per cent...
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