-The Hindu This year, not only did the monsoon reach India a few days late but its progress thereafter has been alarmingly lackadaisical. While Assam has been deluged and is reeling from the resulting floods, over 85 per cent of the country is suffering from far too little rain. The result is that the nationwide rainfall deficit stood at a grim 29 per cent at the end of June. Rainfall data...
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What killed our boom-Ashok V Desai
-The Telegraph Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...
More »Green rider for GDP-Richard Mahapatra
-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...
More »Reimagine the exam-R Govinda
-The Indian Express New CBSE proposals could restore the credibility of teachers as evaluators This year’s round of college admissions have seen cut-offs in Delhi University soaring to an incredible 99 per cent for several courses. This is not surprising, given the astronomical marks that many students have scored in their class 12 boards. But the clamour around results and admissions throws into sharp relief the structure and content of an examination...
More »A more caring touch-Harsh Mander
-The Hindustan Times There is a widespread perception of policy paralysis in the corridors of power. The two remaining years of the UPA's term is still not too short to reverse the current drift, but time is rapidly running out. The damaged economy needs urgent fixing as does restoring the credibility of an executive racked by scandals and the absence of a sense of direction. The people of the country long...
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