-The Hindu The finding has the potential to significantly impact the finances of most States The Centre owes the States over Rs. 80,000 crore from its net proceeds of the period between 1996 and 2015, according to a Comptroller and Auditor General (CAG) report tabled in Parliament on Friday. The revelation has the potential to significantly impact the finances of most States, because most of them could end up getting a few thousand...
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Cities choked, but 90% of Indians don’t own vehicle -Dipak K Dash
-The Times of India NEW DELHI: Even as cities reel under the growing burden of private vehicles, government data shows that nearly 90% of Indians don't own a vehicle. This points to the need to scale up public transport, both to provide affordable travel options to such citizens and to prevent them from buying private vehicles and adding to the traffic chaos. According to government estimates, there are 18.64 crore vehicles in...
More »India’s First Fully-Organic State Faces Many Challenges to Maintaining its Status -Athar Parvaiz
-Earth Island Journal It’s too early to hail Sikkim’s transition to chemicals-free agriculture an outright success, say observers Sikkim, the picturesque northeastern Indian state in the eastern Himalayas, announced in January that it had transitioned completely to organic agriculture — the first state in the South Asian nation to do so. The process of shifting to organic agriculture was initiated by the state government 13 years ago when it launched the Sikkim Organic...
More »Double-whammy: inflation is rising, factory output is falling
-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
More »Finance ministry rejects report seeking revision in MGNREGS pay -Elizabeth Roche
-Livemint.com The report also suggested revising pay under MGNREGS on the basis of Consumer Price Index for Rural (CPI-Rural) as the appropriate index New Delhi: The finance ministry has rejected a report by the rural development ministry, which recommended that wages under the national rural employment guarantee scheme (NREGS) be made equal to or higher than the minimum wage determined by state governments. The report prepared by a panel headed by S....
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