-Firstpost.com Development economist Jean Dreze has been vociferous critic of the Narendra Modi government's demonetisation of Rs 500 and Rs 1,000 notes a year back. He had famously warned that "demonetisation in a booming economy is like shooting at the tyres of a racing car". A year on, it seems his caution has come true. In the first quarter of the current financial year, the GDP growth slowed to a three-year...
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Heavy rains hit TN capital, leave homes & crops in districts submerged
-PTI Chennai: Torrential rains for about ten hours overnight halted normal life in Tamil Nadu’s capital and neighbouring districts of Kancheepuram and Tiruvallur. Schools and colleges—already closed since 31 October due to rains—have been shut today as well in Chennai, Kancheepuram and Tiruvallur districts. The India Meteorological Department forecast heavy to very heavy showers in north coastal Tamil Nadu till Saturday. It said Thursday's low-pressure area over Sri Lanka and adjoining south West Bay...
More »Bullet Train: Do we need it? -TR Raghunandan
-Deccan Herald As a railway buff, I love the technology story of the Bullet Train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen Bullet Trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...
More »Do the maths: India's first Bullet Train isn't 'free of cost' as Modi claims -MK Venu
-TheWire.in/ Business Standard Over 50 years, the loan repayment value will be much higher based on the inflation differential Prime Minister Narendra Modi has claimed the Bullet Train offered to India by Japan is virtually free of cost. A 50-year yen loan amounting to Rs 88,000 crore at 0.1 % interest is being described by the prime minister as free of cost. This is patently absurd. India can have as many Bullet Trains...
More »Deepak Pental, innovator of the transgenic mustard variety, interviewed by Sayantan Bera (Livemint.com)
-Livemint.com All our solutions in agriculture, besides management issues, are going to come from science and technology, says Deepak Pental, innovator of GM mustard Last week, the environment ministry’s regulator, the Genetic Engineering Appraisal Committee (GEAC), cleared the commercial release of genetically modified (GM) mustard, leaving it to the government to take a final call. If approved, it will be India’s first food crop developed using transgenic technology, 15 years after Bt...
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