-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...
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India loses natural resources to economic growth: report -Kiran Pandey
-Down to Earth 11 states have registered a decline in natural capital between 2005 and 2015 Growth doesn’t always come at a price. But it did when it comes to India’s economic growth, which took a toll on its natural assets like forests, food, clean air, etc. A report on environment accounts released by the Ministry of Statistics and Programme Implementation has revealed this state. In fact, it says that when the...
More »Neither subsidy nor penalty can stop debt-ridden farmers of Punjab from torching straw -Arjun Sharma
-Firstpost.com Ludhiana: North India’s smog problem — a cause of much tension between states — seems to have left politicians, farmers and even experts stumped. In Punjab, the government’s measures to tackle stubble-burning have reaped little dividend, as the farmers, many of them debt-ridden, say that at the end of the harvesting season, they are still left with no option but to set paddy straw on fire in order to clear their...
More »SC to RBI: Reply to plea over banks not passing on rate cuts -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Supreme Court asked the Reserve Bank of India on Monday to break its 10-month silence and reveal its decision on complaints that banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to banks). Petitioner ‘MoneyLife Foundation’ told the court that it wrote to RBI last...
More »UN report on global warming carries life-or-death warning
-The Hindu “Global warming is likely to reach 1.5°C between 2030 and 2052 if it continues to increase at the current rate” New Delhi: “Limiting global warming to 1.5ºCelcius would require rapid, far-reaching and unprecedented changes in all aspects of society," the Intergovernmental Panel on Climate Change (IPCC) said in a new assessment made public on Monday. The Special Report on Global Warming of 1.5ºC was approved by the IPCC on Saturday in...
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