-Livemint.com/ PTI Finance Minister Nirmala Sitharaman while presenting Budget 2021-22 earlier this month had announced the privatisation of Public Sector Banks To facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year. Amendments would be required in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 for privatisation, sources said. These Acts...
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Budget, like farm laws, is marred by gap between intentions of government and ground realities of agriculture -Ajay Vir Jakhar
-The Indian Express Investment in human capital, science and research remains the Achilles heel of Indian policy. The budget allocation for agriculture research and education has constantly declined from 0.31 per cent of the gross value added of agriculture and allied activities in 2011-12 to 0.24 per cent now Seven years of low crude prices, five years of above normal monsoon topped by good agriculture production, and everything looked positive for a...
More »India seventh on index of countries impacted by climate change in 2019
-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...
More »Happenstance placed Ashok Kumar on the school bus in which the victim travelled in -Leher Kala
-The Indian Express Hypothetically, if Ashok Kumar had been a conductor on any of the other 20 buses except the one the victim travelled in, he would not have even been an accused. On one of these bleak, foggy mornings that make for reflection, my mother wondered aloud how my life might have turned out if we hadn’t moved from Bombay to Delhi when I was a teenager. Not fundamentally differently, I...
More »New monsoon models on the anvil this year -Jacob Koshy
-The Hindu Agency failed to gauge the magnitude of the excess rainfall in 2019, 2020 The India Meteorological Department (IMD) may introduce new monsoon models this year to better forecast changes in rainfall. At a day-long meet, via videoconference, involving several senior meteorologists across the IMD’s offices and those from affiliated climate research institutes, discussions took place on the accuracy of the existing models, emerging weather models and their strengths and weaknesses in...
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