-Hindustan Times Handbook of Forest Conservation Act, 1980, now reads: “Prior recommendation of Standing Committee of NBWL under the provisions of Wildlife (Protection) Act, 1972 shall be obtained, if required, for taking developmental activities in/over an area falling within eco sensitive zones.” Railway projects, small-scale development works involving construction over less than 20,000 square metres, and under-25 MW capacity hydropower plants will not require approval from the National Board for Wildlife (NBWL)...
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Modi's 'Stimulus Package' is a Gigantic Confidence Trick Played on the People of India -Prem Shankar Jha
-TheWire.in Eighty per cent or more of the demand in the economy has vanished thanks to the lockdown he hastily announced, with no warning or preparation. The only way out is to pump money in to revive demand. In a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi’s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it ‘entertainment’. Yadav...
More »Explained: How reverse repo rate became benchmark interest rate in the economy -Udit Misra
-The Indian Express Like most other central banks in the world, the Reserve Bank of India, too, has tried to cut interest rates to boost the economy. New Delhi: The Indian economy’s slowdown during 2018 and 2019 is becoming much worse in 2020 with the spread of COVID-19 and the stalling of almost all economic activity. Like most other central banks in the world, the Reserve Bank of India, too, has tried...
More »Govt shouldn’t junk unpleasant data -Biswajit Mandal & Saswati Chaudhuri
-The Hindu Business Line Suppressing data that point to low growth, rising joblessness and poverty impedes effective policymaking in a crisis Finance Minister Nirmala Sitharaman, in her Budget speech, said “data is the new oil” and stressed on the credibility of data to combat the difficulties in real-time monitoring of the Indian economy. She even proposed building data centre parks throughout the country so that skilful incorporation of data in every step...
More »How a social justice tool became a means to grab land in India's forests -Shekar Dattatri
-Hindustan Times Since Independence, waves of forest encroachments have been regularised on one pretext or another, and this unfortunate trend seems to be continuing. With a recent United Nations report warning that one million species of plants and animals are poised on the brink of extinction, we need to take all forest destruction very seriously The Forest Rights Act (FRA) was originally meant to redress historical injustice to genuine forest dwellers by...
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