-Newsclick.in The ongoing economic slowdown will increase joblessness further as not only are jobs being lost, no new jobs are being created. While some leaders of the present government are blithely going about giving the world supposed lessons on how to govern, as Narendra Modi did at the UN General Assembly, and some others are busy handing out concessions to domestic and foreign corporates, the people in India are getting strangled by...
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Floods in many parts of Bihar, Uttar Pradesh
-PTI Monsoon season officially ended on Monday. Several parts of Bihar and Uttar Pradesh were reeling from floods on Monday following incessant showers over the past few days. The death toll in rain-related incidents has mounted to 145 across the country. Uttar Pradesh reported the highest number of deaths — 111 since last week. Twenty-five have died in Bihar. The weather department has forecast a long delayed withdrawal of monsoon and more rains for...
More »Govt may seek Rs 30,000 crore interim dividend from Reserve Bank of India
-PTI Government finances have come under pressure Due to moderation in revenue collection and a slew of measures taken to lift growth from a six-year low of 5 per cent in the first quarter of the current fiscal. The government may seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of the financial year to meet its fiscal deficit target of 3.3 per cent of...
More »Could air pollution crisis come early this year? -Kabir Agarwal
-TheWire.in A sudden spike in farm fires has prompted Delhi chief minister Arvind Kejriwal to write to his Haryana and Punjab counterparts. New Delhi: With the arrival of the paddy harvesting season, there has been a sharp increase in the number of farm fires reported in Punjab. There were 107 fires between September 24 and 26 this year compared to just 11 in the same period last year, according to a report...
More »Institutions weakened, economy crippled -M Suresh Babu
-The Hindu The credibility of the RBI, the CSO and the Niti Aayog has taken a beating in recent times Due to political interference Nobel laureate Oliver Williamson pondered over an important question, around 25 years ago: “Why are the ambitions of economic development practitioners and reformers so often disappointed?” According to him, “one answer is that development policymakers and reformers are congenital optimists. Another answer is that good plans are regularly...
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