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Downturn in India's growth 'very worrying': Kaushik Basu

-PTI Washington: Basu said from 2003 to 2011, India was growing typically over 8 per cent per annum. The year of global crisis, 2008, it dropped briefly to 6.8 per cent, but over 8 per cent growth had become the new norm for India. The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country had to pay...

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Bacteria getting resistant to antibiotics in poultry farms

-The Hindu Business Line Abuse of antibiotics, Poor waste management main reasons: CSE study New Delhi: The unfettered use of antibiotics to keep chicks healthy in poultry farms has led to a proliferation in bacteria, which are resistant to the best of drugs used for fighting infections, according to a new study. An analysis carried out by the New Delhi-based NGO, Centre for Science and Environment (CSE), said the soil in and around...

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India's Urban Floods Are More Acts Of Man Than God -VR Vachana

-Huffington Post blog A result of dysfunctional municipal planning and governance. The flooding woes of Indian cities have hit the headlines yet again, with Mumbai, Chandigarh, Bengaluru and Agartala being among the worst affected. As for the response to these crises—there is enough evidence to indicate that the patchwork solutions that have been employed will work like steroid shots that might mitigate the issue temporarily, but worsen it in the future. Planning in...

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Demonetisation: The chronicle of a failure foretold -C Rammanohar Reddy

-Scroll.in Because the exercise was doomed to fail in its primary objective of rooting out black money, the government kept changing its aims. We have travelled a long way from November 8, 2016, when Prime Minister Narendra Modi told us that the black money held in Rs 500 and Rs 1,000 currency notes would become “worthless pieces of paper”. Now, we are told by the finance ministry that the government expected...

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The Truth About Demonetisation -Prabhat Patnaik

-Newsclick.in After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. After months of dilly-dallying the Reserve Bank of India has finally come out with the figure that nearly 99 percent of the currency notes demonetised in November 2016, came back to the banking system. The total value...

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