-The Hindu 17 dead in Odisha; 454 villages cut off in Madhya Pradesh BHUBANESWAR: Over 14 lakh people were affected due to floods in five river systems of Odisha, said the State government here on Sunday. Seventeen people have lost their lives due to wall collapse and by slipping into swollen rivers. “Heavy rain triggered by back-to-back low pressure area over Bay of Bengal had caused flooding in 20 districts. The situation is...
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Urjit Patel, former Governor of Reserve Bank of India, interviewed by Puja Mehra (The Hindu)
-The Hindu Our macroeconomic problems have created financial sector crisis periodically, says the former Reserve Bank of India Governor. In his first interaction with a journalist after stepping down from the Reserve Bank of India (RBI), former Governor Urjit Patel spoke about his new book, Overdraft: Saving The Indian Saver, with Puja Mehra in a conversation on invitation from the Pune International Centre. Edited Excerpts. * What made you decide to write this...
More »Experts slam move for approving new Bt brinjal variety, cite regulatory lapses -Meenakshi Sushma
-Down to Earth The Event 142 variety of genetically modified brinjal was quietly given approval without any data in the public domain, claim experts Experts have slammed a recent move of the Genetic Engineering Appraisal Committee (GEAC) — a government-appointed committee responsible for appraisal of proposals of genetically engineered organisms — giving its greenlight for biosafety research-level-II (BRL-II) field trials for Event 142, a new variety of genetically modified brinjal (Bt brinjal)...
More »Over three-fourth of workers lost their livelihoods since lockdown, finds ActionAid India's national survey of informal labourers
ActionAid Association's (AAA) national level survey among people dependent on the informal economy during the third phase of the national lockdown towards the end of May 2020 (i.e. between May 14th and May 22nd, 2020) has documented the "nature and extent of the transitions in the lives and livelihoods of informal workers, including migrant workers, during the pandemic and provide[s] an insight into the precarity they experience and the coping...
More »India’s descent into stepwells of growth -Kaushik Basu
-Livemint.com * Poor handling of the pandemic threatens to derail our competitive advantage in the global economy * India’s economy is well-positioned in IT and outsourcing; health and pharma; and higher education and research, which are sectors expected to be leading drivers of global growth NEW YORK: India’s economy is in a downward spiral. The Economist Intelligence Unit just lowered the forecast for India’s growth in the coming year from -5.8% to -8.5%....
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