-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
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Slavery stain on granite
-PTI London: Leading UK retail chains such as John Lewis and Habitat have withdrawn granite products from their range over fears of child labour and slavery within its Indian supply chains. Businesses selling granite products such as kitchen worktops and tiles are scrutinising the source of their products after global investigators discovered that debt Bondage, underage workers and unsafe, unhealthy working conditions are part and parcel of daily working life in Indian...
More »Raje outsmarts Congress; tribals to get 200 days under MNREGA -Yuvraj Shrimal
-DNA Jaipur: Rajasthan government has doubled the number of employment days for tribals in Udaipur and Baran districts under the MNERGA (Mahatma Gandhi National Rural Employment Gurantee Act) in a year. This would take the number of working days from the present mandatory 100 days to 200 days. This increase would provide guaranteed six months of employment to the tribals. The tribes that would benefit from this would be Saharia and Kharua...
More »How will farm loan waivers impact the Indian economy? -Tadit Kundu
-Livemint.com Farm loan waivers will strain the finances of states, and harm both farmers and banks over the long run In its policy statement released last week, the monetary policy committee (MPC) of the Reserve Bank of India (RBI) pointed out that the implementation of farm loan waivers across states could hurt the finances of states and make them throw good money after bad, and stoke inflation. How much of an impact will...
More »14 years in jail if you kill cow, 2 if you kill people: Judge in BMW case -Abhinav Rajput
-Hindustan Times The judge said present-day laws provide more stringent punishment to perpetrators of cattle-related crimes than errant drivers who take human lives. New Delhi: When a Delhi judge sentenced the son of a Haryana-based industrialist to two years’ imprisonment on Saturday for mowing down a motorcyclist with his luxury car in 2008, he couldn’t help but observe how present-day laws provide more stringent punishment to perpetrators of cattle-related crimes than errant...
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