-Livemint.com It is clear that not only has the govt failed to do anything to revive the sagging rural demand, it has also refused to acknowledge the demand problem The fact that the economy is on a downward slide is no longer a matter of debate. It is neither a technical issue nor is it a transient blip which will go away on its own. However, matters are complicated as far as...
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Calamities displace 23 lakh every year in India -Pradeep Thakur
-The Times of India NEW DELHI: India ranks the highest among the world's most disaster-prone countries for displacement of residents, with 23 lakh, on average, uprooted due to calamities such as floods, cyclones and earthquakes. A UN study, to be released on the International Day for Disaster Reduction on Friday, forecast a continued rise in homelessness. China, with annual average displacement of 13 lakh, ranks second. The estimation of displaced people in India may...
More »Power Sector Lenders see NPAs Surge Even as Piyush Goyal Defends IREDA's Loan Record -Noor Mohammad
-TheWire.in Growth in bad loans raises questions about due diligence measures followed by renewable energy, power PSUs over last five years. New Delhi: Defending the Indian Renewable Energy Development Agency’s (IREDA) grant of a Rs 10.35 crore loan to BJP president Amit Shah’s son, railway minister Piyush Goyal recently stated that the financing agency had lent money to about 2,000 applicants “in the past one year or so”. While this Growth in lending...
More »PM's advisory council acknowledges slowdown
-The Hindu Chairman Bibek Debroy, however, declines to share reasons Accelerating Growth and employment over the next six months would be the top priority of the recently reconstituted Prime Minister's Economic Advisory Council (PMEAC), its chairman Bibek Debroy said on Wednesday, acknowledging the slowdown in the economy. “There is consensus among us about the various reasons that have contributed to the slowdown,” Mr. Debroy said after the first meeting of the Council on...
More »Monsoon in India: Country feels the pinch as rainfall 5 pct less than normal
-The Financial Express The cumulative rainfall for southwest monsoon this year (July to September) has been 5% less than normal. The distribution has been uneven, with excess rains in some parts and shortage in several other areas like Uttar Pradesh, Haryana, Punjab, Madhya Pradesh and parts of Maharashtra. This has impacted sowing. As compared with last year, sowing is lower for foodgrains and oilseeds. Even the government’s first advance estimates say that...
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