-The Hindu On several significant items relating to the environment, allocations have remained stagnant or fallen In 1991, when the then Finance Minister Manmohan Singh ushered in economic reforms that catapulted India into the global economy, I had asked him how he intended to balance rapid economic growth with environmental protection. He said that the experience of the West is that once there is enough money in the economy through growth, it...
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A Market gone awry -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org It defies all logic. As expected, once the implications of the Covid-19 contagion began to be absorbed, the BSE Sensex lost 37 per cent in value, falling from a level just above 41,000 on February 19, 2020, to just below 26,000 on 23 March 2000 (Chart 1). That was the day when the nationwide lockdown was declared and three days before the first of the Government’s...
More »Why We Already Know the Rishi Ganga Flood Was a ‘Sooner or Later’ Event -CP Rajendran
-TheWire.in There should be no doubt that the Chamoli disaster is a sign of our misguided developmental priorities and proves our inability to sustainably develop ecologically sensitive zones. In 2019, a petitioner from a village named Reni, in Chamoli, Uttarakhand, had filed a public interest petition at the Uttarakhand high court. Kundan Singh’s charge was that the Rishi Ganga Power Project, set up near the village in 2005, was resorting to environmentally...
More »Wetland authority seeks action plan to revive 1,000 water bodies -Shivam Patel
-The Indian Express Proposals for the remaining 755, which include 39 untraceable water bodies, are being sought and agencies have been asked to submit them by the end of this month, a Delhi Government official said. The Delhi Wetland Authority has sought action plans from land-owning and maintenance agencies for revival of more than 1,000 water bodies in the capital, including lakes, ponds and wells. Details compiled by the authority show that...
More »Uttarakhand Floods: 4 Hydropower units face damage, other dams on alert -Shreya Jai
-Business Standard Executives with NTPC Limited said the under construction Lata Tapovan hydro power project (520 Mw) has faced some damages in the mishap New Delhi: Flash flood following a glacier break and an avalanche on the Alaknanda river in Chamoli, Uttarakhand is likely to damage four hydro power projects. Executives with NTPC Limited said the under construction Lata Tapovan hydro power project (520 MW) has faced some damages in the mishap. Statements from...
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