-The Indian Express Saying that the stand taken by the PMO will not serve any public interest, Acharyulu said, "If the RBI does not respect the SC orders and denies the citizens right to information, it will result in the perpetuation of a financial regime of secrecy." With the Reserve Bank of India’s board meeting set to be held Monday, the Central Information Commission (CIC) has once again directed the Prime Minister’s...
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Double whammy of groundwater in India -- declining reserves and rising carbon emissions -Dinesh C Sharma
-The Hindu Business Line Researchers say that environmental problem of groundwater depletion is much more serious than carbon dioxide emissions associated with it New Delhi: Over-extraction of groundwater is a major environmental challenge in many parts of India. It is not only leading to rapid decline in groundwater reserves but also contributing to India’s carbon emissions, a new study has warned. Billions of litres of groundwater pumped out every year contributes to carbon...
More »RBI data counters RBI claim: Credit to small firms shrinks -Sandeep Singh
-The Indian Express On October 30, at the meeting of the Financial Stability and Development Council chaired by Jaitley and attended by Urjit Patel among others, the central bank is learnt to have downplayed the issue of liquidity crunch. While the Reserve Bank of India said two weeks ago that there is no sign of a liquidity crunch, its own latest data shows that banks’ credit outstanding to the Micro, Small and...
More »Punjab farmers get innovative, turn paddy stubble into fertiliser -IP Singh
-The Times of India JALANDHAR: Punjab farmers have started sowing wheat as paddy harvesting enters the last stage with just one-fifth of the crop left to be cut in fields. Paddy stubble management, however, continues to be vexatious issue, both for the farmers and the state administration. The lack of gap between harvesting paddy and sowing wheat and increased time and high cost of operating subsidised straw management machines have left farmers...
More »Economic logic of setting paddy fields on fire -Sayantan Bera and Shrishti Choudhary
-Livemint.com Since the paddy straw cannot be used as animal feed, farmers set fire to it to get the field ready for the next crop of wheat New Delhi: On a balmy evening last week, Sandeep Singhroha, a farmer from Haryana’s Karnal district, set fire to a pile of paddy stubble with a matchstick and then dragged the pile across his field with a garden fork. Soon, the two-acre plot was up...
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