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DDA Evicts Hundreds of Slumdwellers for Recreational Park -Neelam Gaur

-Newsclick.in Hundreds of residents of Gyaspur Basti are staying under tarpaulin tents after their houses were demolished. New Delhi: SITting under a tarpaulin tent at Gyaspur Basti, in Sarai Kale Khan, a visibly worried and disturbed Deepu (16) is continuously trying to call a number. A few yards away under a tree, her equally distressed father, mother and brother are discussing something urgent. The family has been staying under the tent since...

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Cereal inflation would be hard to tame amidst low rice acreage

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

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Centre, RBI bid to curb inflation

-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...

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Youth employment deteriorated in India: ILO report -AM Jigeesh

-The Hindu ‘COVID-19 has hurt young people more than any other age group’ India experienced severe working-hour and employment losses in 2020 and 2021, and Indian youth employment deteriorated in 2021 compared to 2020, according to the Global Employment Trends for Youth 2022 report released by the International Labour Organisation on Thursday. The recovery in youth employment is still lagging globally, the report says confirming that COVID-19 has hurt young people more...

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Audit lays bare numerous breach of India’s coastal regulations -GS Mudur

-The Telegraph Jail and racetrack on beach bully list New Delhi: An audit has identified dozens of public and private projects that have breached India’s coastal regulations — beach resorts, ports, roads, a racetrack, and even a jail near an Olive Ridley turtle nesting SITe. The exercise by the Comptroller and Auditor General (CAG) has flagged deficiencies in the Union environment ministry’s project approval mechanisms and lapses by state coastal regulatory authorities that...

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