-Newsclick.in It is bizarre that the recent GDP numbers are being celebrated even as there are no jobs, workers wages are frozen and farmers are demanding better prices. There is much celebration in government circles and, of course, in the mainstream media, that in the FIRst quarter of 2018-19 (April to June 2018), the GDP growth rate picked up to touch 8.2% compared with the same quarter last year (April to June...
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60,000 Volunteers Descend on Kerala's Kuttanad for FIRst-of-Its-Kind Clean-Up, Ministers Join In -Achyuth Punnekat
-News18.com The army of volunteers, including ministers, electricians, plumbers, snake catchers, bureaucrats and others, will camp for the next three days in Kuttanad, the FIRst area to be hit by the floods that have killed more than 300 people. Alapuzha: It’s not often that one sees Kerala’s khadar-clad ministers rack up their mundus, roll up their sleeves and get down to some thorough scrubbing. But the flood-ravaged state has forced every resident,...
More »Pronab Sen, former Chief Statistician of India, interviewed by TCA Sharad Raghavan
-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...
More »How dams can control floods -Mathew Abraham
-The Hindu There should be space for greater storage of water in reservoirs before the onset of monsoon In the aftermath of any tragedy, people struggle to comprehend what happened and how to cope. Kerala is no different. With the floodwaters finally receding, a number of experts and politicians have stated various possible reasons for the tragedy. Some have cited ill-thought-out development plans that have affected the sustainability of the Western Ghats,...
More »Mudra loans a big scandal in banking system
-Deccan Chronicle The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest. New Delhi: The Modi government may have to get battle ready soon for cleaning up the Mudra loan mess that has added to the concerns of the banking system. The plan to create “job creators and not job seekers” by disbursing massive credit to micro and small...
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