-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
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Govt mulls Rs 20,000cr boost for road projects
-The Times of India With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support. The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years. Industry insiders said that this could save the day for the...
More »No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »Solar drives that need more fuel
-The Telegraph On a full-attendance day at a business process outsourcing centre in a village in Uttar Pradesh, 40 boys and girls work on computers, each of their desktops powered by rooftop solar panels that turn sunlight into electricity. Their workplace, a two-storey building, is the only structure in Sonari, a village of about 1,700 people and located about 50km from Lucknow on the road to Sitapur, where electricity is guaranteed nine...
More »Death on mounds of a bumper crop-Richard Mahapatra
-Down to Earth As corruption hijacks procurement centres in Bundelkhand, farmers prefer suicide to a debt trap. Richard Mahapatra reports from Uttar Pradesh with photographer Sayantoni Palchoudhuri A fatal paradox strikes Bundelkhand in the face—an overflowing wheat stock yet an overwhelming number of farmer suicides. Farmers here dread the government wheat procurement centre and the post-mortem house. In Orai, a small town in the Bundelkhand region of Uttar Pradesh, the two are...
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