-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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Hudhud killed 46 in Andhra Pradesh, 21 lakh families hit -Vishwa Mohan
-The Times of India NEW DELHI: In a first comprehensive report on 'extent of damage' caused by Hudhud in Andhra Pradesh, the state government has informed the Centre that the very severe cyclonic storm had not only killed 46 persons and injured 43 others but also affected 20.93 lakh families and took lives of 2831 animals and 24.43 lakh poultry/ducks in four districts on October 12. The details, extended by Andhra Pradesh...
More »Floods in 4 states lead to economic loss of Rs 19,000 crore in past one year -Vani Manocha and Kiran Pandey
-Down to Earth Close to 20 million people displaced or affected Since October 2013, when Phailin hit Odisha's coast, India has witnessed a series of extreme weather events like cyclonic storms, cloudbursts, floods, droughts and hailstorms. These events not only destroyed lives and livelihood of people, but also caused a huge economic loss to the state and national economies. In the period between October 2013 and October 2014, floods in three states-Odisha, Assam...
More »Flood forecasting fails in J&K?
It is said that the Central Water Commission (CWC) has failed miserably in September 2014 to furnish information on river flow and raise alarm to people of Jammu and Kashmir living in the downstream areas in the midst of heavy rainfall. The CWC is responsible for making forecasts of floods in all flood-prone areas and provides advisory to the states for tackling floods. The NGO South Asia Network on Dams, Rivers...
More »Lok Sabha polls 2014: Why is climate change not an election issue?-Apurv Kumar Mishra
-DNA The Indian political class is completely disengaged with the environment because the issue does not get votes. And the poor, who will be the most affected by climate change, are mostly unaware about it, though it is an existential issue for our country. In William Shakespeare's play Julius Caesar, a series of bizarre events happen in Rome before Caesar's assassination, leading a soothsayer to warn him: "Beware the ides of...
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