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Government to fast-track green nod -Vikas Dhoot

-The Hindu MoEF issues fresh guidelines to accelerate environmental appraisal of projects The Ministry of Environment and Forests (MoEF) wants to expedite the environment appraisal of industrial projects. These appraisals, as per norms, are conducted by independent panels of experts that have representatives from the government as well as from outside, trained in matters of ecology, wildlife and habitat preservation. The Expert Appraisal Committees (EACs) opine on whether a proposed project beyond a...

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Raghuram Rajan says proposal to allow business houses into banking is a 'bad idea' -J Jagannath

-Livemint.com The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank' New Delhi: Raghuram Rajan and Viral Acharya on Monday criticised RBI Internal Working Group's recommendation to allow Indian corporate houses to set up banks as part of proposed changes to the banking sector. Raghuram...

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Covid-19 pushes tourism in Delhi to the edge -Manoj Sharma

-Hindustan Times Paharganj, once a bustling, thriving market whose entire economy depends on foreign tourists, is a microcosm of the devastation caused by the ongoing coronavirus crisis in the capital’s tourism sector. Satyam Bhatnagar runs a handicrafts shop in Paharganj’s main bazar, a backpackers’ paradise that boasts of hundreds of touristy establishments such as money changers, hotels, rooftop restaurants, tour operators, and handicrafts shops selling a range of stone and wood sculptures,...

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Odisha’s Bonda tribe sees rise in ‘distress migration’ -Satyasundar Barik

-The Hindu While the youth have abandoned villages for work in distant towns, children have dropped out of schools after pandemic Andrahal: Perched at a height of 3,500ft above sea level in the hilly Malkangiri district of Odisha, this village is difficult to access and so are its inhabitants — the Bondas, a particularly vulnerable tribal group, known for their secluded lives away from the mainstream. However, the lack of access has not...

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Why Recovery at Cost of Worker Immiserisation Won’t Last Long -Prabhat Patnaik

-Newsclick.in GDP recovery from the lockdown-induced abyss is accompanied by significant labour displacement and squeeze on wages, which will impact aggregate demand. Ministers from Narendra Modi to Nirmala Sitharaman are talking about a recovery of the Indian economy from the pandemic-induced crisis. Even the Reserve Bank of India (RBI), which estimated the second quarter GDP growth to have been -8.6%, has seen signs of recovery in October. Of course, there had to be...

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