-The Telegraph New Delhi: India's economy rebounded from a three-year low to grow at 6.3 per cent in the three months ended September 30. "The impact of the demonetisation and the GST is well behind us," finance minister Arun Jaitley said on Thursday after the numbers were announced. The economy had slowed dramatically in the first quarter to record a dismal 5.7 per cent growth. Opponents had then accused the Modi regime of...
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Crisis is in the air -Darryl D'Monte
-The Indian Express Delhi has become world’s air pollution outcaste. Its decision-makers haven’t understood the consequences. The first thing that the Central and Delhi governments should own up to regarding the air pollution crisis is that everyone was forewarned and cannot pretend to be taken unawares. This “winter of our discontent” is the season when, as temperatures dip, pollutants hover around the surface of the city and do not waft upwards. Things...
More »Achchhe din's worst day
-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...
More »'Rs 7,000cr spent, but Ganga still polluted' -Vishwa Mohan
-The Times of India DELHI: The report of a fire literally on the Ganga prompted noted environmentalist and lawyer M C Mehta to file a PIL in the Supreme Court over 32 years ago. Discharge of inflammable effluents from nearby industries in Haridwar had caused the fire on water and subsequently triggered the chain of events which culminated in Thursday's NGT judgement directing both central and state authorities to take multiple...
More »Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander
-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...
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