-The Financial Express The Ministry of New and Renewable Energy (MNRE) recently rolled out a massive solar-pump programme called the PM-KUSUM scheme. The scheme has a target to set up 25,750 megawatts (MW) solar capacity by 2022 to power irrigation pumps, with central financial support of Rs 34,422 crore. It includes installation of 1.75 million off-grid and 1 million on-grid solar pumps as well as 10,000 MW of solar capacity in rural...
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India's economy is in such deep slump that lowering interest rates alone won't fix it -Rahul Menon
-Scroll.in/ qz.com There are parallels between India’s economic situation today and the US experience of 2008. The Indian economy is facing one of its most challenging times in years, and policymakers are responding to the crisis through monetary measures, such as tweaking key interest rates. But how far can this go in reviving growth? On August 7, the Reserve Bank of India, in its bi-monthly monetary policy meeting, lowered its growth projection for...
More »RSS blames RBI for economic slowdown, defends Modi govt policies -Anjali Das
-National Herald/ IANS Swadeshi Jagran Manch, the economic wing of the Rashtriya Swayamsevak Sangh has hit out at the Reserve Bank of India for not lowering rate of interest even when the inflation is down to 2%, holding it responsible for the current slowdown in the economy. "The RBI has been the major reason for the slowdown. The Monetary Policy Committee of the RBI has been working on the wrong model and...
More »No toilet for women in 15% of district courts: Study
-The Times of India NEW DELHI: About 100 district court complexes in the country out of 665 have no toilets for women. And those which have washrooms, only 40% are fully functional, according to a latest survey of all the district courts across the country. Half of the district courts in the country had no designated waiting areas while only 39% were full service court complexes with post office, bank branch,...
More »World Bank withdrew from Amaravati due to corruption, claim AP govt officials -Yunus Y Lasania
-Livemint.com * The then TDP government had invited tenders for infrastructure development even before the World Bank loan details were finalized, said an official with the state government, requesting anonymity * According to the official, the team found numerous irregularities Hyderabad: Days after the World Bank (WB) announced backing out of Amaravati capital city project, by withdrawing its $300 million funding, officials from the Andhra Pradesh government said rampant corruption besides flouting of...
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