-News18.com The Indian Rupee has lost more than 11 percent to the dollar this year. The rupee fell past 72 per dollar to a record low on Thursday. New Delhi: With the Indian rupee sinking to record levels against the dollar, the Centre has yet another mega expenditure to cater to &NDAsh; foreign debt. At the current rate, India will have to shell out an additional Rs 68,500 crore, according to...
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Does India's New Series GDP Data Overestimate Manufacturing Output?
-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...
More »Delhi Metro is second-most unaffordable in the world, shows study
-Scroll.in The Centre for Science and Environment found that after last year’s fare revision, an average commuter spends 14% of their household income on metro travel. Of nine metropolitan cities across the world that have operational metro systems that charge less than half-a-US dollar for a 10-km trip, the Delhi Metro is the second most costly,The Times of India quoted a study by the Centre for Science and Environment as saying....
More »In Odisha's Chromite Valley, Adivasis Are Paid in Poisoned Water -Sweta Dash and Abinash Dash Choudhury
-TheWire.in SukiNDA, the world’s largest open-cast mining area, is also the world’s fourth-most polluted place &NDAsh; and the cost is carried by its original inhabitants. SukiNDA (Jajpur district, Odisha): Outside her mud-walled house, Pitayi Mankidia, 30, is holding her two-year-old daughter Huli, who is crying. Huli’s face is smeared with neem leaves to soothe the pain and itching that is aggravated by the dust in the area. Both mother and daughter have...
More »In Delhi, cancellation of 2.5 lakh ration cards sparks tussle between AAP government, bureaucracy -Vijayta Lalwani
-Scroll.in Questions arise again over Delhi’s welfare delivery system &NDAsh; close on the heels of the starvation deaths of three girls in July. In May, Ram Baran, a resident of Savitri Nagar in Delhi, received a letter from the ration circle office stating that his ration card would be cancelled because he had not collected foodgrains between January and March. The letter added that unless he submitted his Aadhaar number, electricity...
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