-Hindustan Times Many years ago, Jagdish Bhagwati, a very distinguished economist long before he became one of the patron saints of the NDA, published an important paper on what he called Directly Unproductive Activities or DUP. These bore a close relation to what his friend and well-known South Asia scholar, Anne Krueger, had called rent-seeking activities in some slightly earlier work. Both made the important point that the social cost of...
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Climate change to have considerable impact on Ganga’s dynamics
-PTI Climate change will have a "considerable" impact on the dynamics of the river Ganga, affecting a major portion of north India which is directly dependent on it for its agriculture and industrial needs, a recent study said. In a study conducted by researchers at the Indian Institute of Science (IISc), Bangalore, on how the stream-flow in the basin would change under the changing "land use pattern" and "climate", it was found...
More »Jobless figure haunts govt -Subrat Das
-The Telegraph Bhubaneswar: Growing unemployment has come to haunt the Naveen Patnaik government with the number of jobless persons in the state crossing the 10lakh figure. Official statistics show that more than 10.86 lakh jobless persons had registered with the 80 state-run employment exchanges in 2013. Of these, 8,034 were technical graduates, including 6,093 Engineering graduates and 303 technical postgraduates. The figure reveals the plight of the state's educated youth as 1.7 crore...
More »Machines drive 90% of power in farming, humans’ share drops to 5% -Subodh Varma
-The Times of India Silently, agriculture in India has gone through a far-reaching change in the past few decades. The share of human power available for carrying out the myriad operations in farming has shrunk to a mere 5% as has that of draught animals, the iconic oxen pulling the plough. More than 90% of the power is now drawn from mechanical sources: tractors and power tillers provide the bulk, 47%;...
More »New solar-powered pump promises to end farmers' irrigation woes
-PTI Vadodara: The farmers in the country can do away with their dependence on conventional forms of energy for operating pumps to water their fields as a private company has come up with a solar-energy operated pump, which will also reduce environment pollution. ABB India has developed a solar-powered water pump for irrigating crops with rural India facing problems in the supply of electricity and availability of diesel for operating gensets. "ABB solar...
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