-The Indian Express 'Extremely severe' cyclone Fani affected 28 million people, killing 90 people in India and Bangladesh, and causing economic loss to the tune of US$8.1 billion, the report added. India ranks seventh among countries most affected in 2019 by climate change, according to the Global Climate Risk Index, 2021, released Monday by Germanwatch — an NGO based in Bonn, Germany. In 2019, monsoon continued for a month longer than normal in...
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Climate change needs to be addressed or else be ready to pay the price
A recent report by Christian Aid -- an international NGO based out of London -- says that the world was not just hit by the COVID-19 pandemic in 2020, it actually faced massive loss of lives and livelihoods owing to the intensification of the ongoing climate crisis. Climate-related disasters varied from fires in Australia and the United States, floods in China, India and Japan to storms in Europe and the...
More »What is a bank moratorium, and when does it come into play? -K Bharat Kumar
-The Hindu * When does the Reserve Bank of India intervene, and what are some of the key steps it takes? The story so far: On November 17, the Centre, acting on the recommendation of the Reserve Bank of India (RBI), imposed a moratorium on Lakshmi Vilas Bank (LVB) for a period of 30 days. The 94-year-old bank, based in Karur, Tamil Nadu, has been struggling with losses for three years. As...
More »Farm bills: Politics now threatens to complicate the process -Ajay Vir Jakhar
-The Indian Express An opportunity has been lost in the lackadaisical handling of the issue. When the establishment ignores the historical context and the emotional component underlying any debate, mass protests can erupt to potentially shape the future. The people of Punjab would not have wanted a confrontation with the Union government, neither would I want to put it so bluntly, but around us, agitated farmers, with a strong common purpose, are...
More »Years of Poor Urban Planning Contributed to the Hyderabad Flash Floods -Gali Nagaraja
-TheWire.in Parties across the spectrum seem unwilling to take the issue seriously, experts and civil society experts say. Hyderabad: While Telangana chief minister K. Chandrasekhar Rao (KCR) has touted Hyderabad as a ‘global city’, the capital was hit by flash floods earlier this week and has remained cut off from the rest of the world after major roads were washed away. Experts have attributed this turn of events to poor urban planning,...
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