-The Telegraph The chief minister announced a new scheme — Matir Shristi — for six backward districts in the western part of the state Mamata Banerjee on Wednesday announced a series of schemes for income generation to ensure livelihood for rural populace in the post-lockdown period as the state government realised the need of securing flow of funds at the grassroots level. “Life and livelihood have come to a halt (because of the...
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Demand first, please, and then loans -Devadeep Purohit
-The Telegraph 'Wish there were announcements on government spending' Kolkata: Like many Indians, a young businessman keenly awaiting the fine print of Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyan (Self-reliant India Mission) placed himself before a television screen around 4pm on Wednesday. The businessman did not have to brush up his language skills to understand finance minister Nirmala Sitharaman but he came away with a sense of déjà vu. “I heard that I will...
More »Breaking wheat-paddy cycle a must to save groundwater: CSSRI study -Neeraj Mohan
-Hindustan Times Flood-based irrigation in Haryana, Punjab a threat to groundwater which is depleting over 3 feet every year Chandigarh: Breaking the traditional wheat-paddy cycle is the need of the hour to preserve groundwater for the future generations, reveals a research conducted by scientists of the Central Soil Salinity Research Institute (CSSRI), Karnal (Haryana). Asserting that the rice crop alone consumes about 50% of the total irrigation water, the researchers have suggested radical...
More »Choking the Lifeline of Rural Economy: MGNREGS during COVID-19 Lockdown -Manish Kumar
-Vikalp.ind.in When the entire country is under a lockdown and many economic activities stopped, thousands of unemployed workers are returning to their home states due to lack of money and food. In such a situation, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) could have played a very important role in generating income and demand in the economy. However, the official data available from the MGNREGS website of the Ministry...
More »Coronavirus lockdown: Industrial output shrank 16.7% in March 2020
-The Hindu All categories of manufacturing industries showed a contraction in production, with the worst affected being the automobile sector India’s factory output plummeted to record lows in March, with the Index of Industrial Production contracting 16.7%, reflecting the drastic impact of the countrywide lockdown that began on March 25. This comes after a positive growth of 4.5% recorded in February. Manufacturing sector output slumped 20% in March, while electricity generation shrank almost...
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