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Damage overstated -Anamitra Anurag Danda

-The Telegraph Amplifying the capacity of mangroves as bio-shields against extreme events possibly helped Bengal tap into MGNREGA funds Within weeks of the Indian Ocean tsunami on December 26, 2004, I was watching video clips of the event at the Choto Mollakhali market in the Gosaba block of South 24 Parganas. One message that came through these video clips was that fewer lives were lost where there was coastal vegetation. This positively...

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How Delhi's Construction Workers Were Failed by Their Government-Run Welfare Board -Himanshu Upadhyaya

-TheWire.in A recent CAG report paints a sobering picture of the Delhi Building and Other Construction Workers’ Welfare Board's performance. A recently tabled Comptroller and Auditor General (CAG) report has raised critical questions over the functioning of the Delhi Building and Other Construction Workers’ Welfare Board. Let’s start with the most startling revelation. According to the national auditor, the welfare board, which comes under the Delhi government’s labour department, spent a meagre Rs...

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India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report

-PTI/ The Hindu “India’s acute Second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute Second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...

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How two-wheeler dreams died in the countryside -Alisha Sachdev

-Livemint.com Industry estimates suggest two-wheeler sales for fiscal year 2021-22 (FY22) will close out at 14.5 million units, the lowest volume in almost a decade. This betrays a deep distress in incomes of rural households. Mint explains the fault lines: * Why are two-wheeler sales falling? Rural demand contributes 50-60% of two-wheeler sales in the commuter segment. Price increases, rising fuel prices and unseasonal rains leading to poor crop realizations have hit the...

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"Beg India To Reconsider Wheat Export Ban As Soon As Possible": IMF Chief

-NDTV.com India banned wheat exports earlier this month as an intense heat wave hit output and domestic prices hit a record high. Davos: International Monetary Fund (IMF) chief Kristalina Georgieva on Tuesday implored India to reconsider its ban on wheat exports, saying the country could play a key role in international food security and global stability. "I do have an appreciation for the fact that India needs to feed nearly 1.35 billion people...

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