-Newsclick.in According to Gujarat Induction Furnace Association, well over 7,000 workers of the steel furnace industry in Gujarat have become jobless in last three months. On Monday, September 2, it was reported that the growth of the country’s eight core industries has plunged, according to the official data, to 2.1% in July as against 7.3% in the same period last year. This included the steel sector industry which has registered a decline...
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Hardly the brick and mortar of a revival -Jayati Ghosh
-The Hindu The transfer of the RBI’s surplus is only a stopgap measure which will not address the key problem of a lack of demand There is no longer any room for doubt on the parlous state of the Indian economy. The automobile industry, seen as a bellwether of activity in the post-liberalisation years, is in crisis, as automakers, parts manufacturers and dealers have laid off about 350,000 workers since April this...
More »Fighting flood and drought, millions in Bihar lose livelihoods -Saurav Kumar
-TheWire.in Millions have been displaced, while a loss of crop and reduced yield are expected across the state. For the past few months, Bihar has been making headlines for many reasons. Disease outbreak, mob lynching or the state’s political affairs have seen it receive plenty of media coverage. But the state is now in the news for concurrently facing two natural disasters: drought and flood. This is not the first time that Bihar...
More »For India Inc's sob story, Sitharaman has a sop story. But will it help? -Aunindyo Chakravarty
-TheWire.in Instead of giving freebies to the affluent, Sitharaman should have announced additional government spending in MNREGA and plans for filling vacancies in government jobs. After holding out for seven weeks, following her maiden budget, Nirmala Sitharaman finally blinked. For about a month now, pink papers and business-friendly pundits had been crying foul about India Inc’s shrinking sales. But, since you can’t sell a sob story about the rich, it was spun to...
More »Transforming livelihoods through farm ponds -Nirmalya Choudhury & Sachin Tiwale
-The Hindu They can be an effective tool for rainwater harvesting With an increased variability of monsoons and rapidly depleting groundwater tables, large parts of India are reeling under water stress. A number of peninsular regions like Bundelkhand, Vidarbha and Marathwada have been facing recurring drought-like situations. Given the enormity of the crisis, at a recent NITI Aayog meeting, Prime Minister Narendra Modi explicated the need to implement innovative water management measures,...
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