-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...
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62% of rural households in India have fully functional tap water connections within their premises, says Water Resources Ministry report -Jacob Koshy
-The Hindu However, the report found, ‘most of the anganwadi centres and schools, had higher than the permissible range of residual chlorine and indicated inappropriate local dosing’ Around 62% of rural households in India had fully functional tap water connections within their premises, according to a survey commissioned by the Union Ministry of Water Resources to assess the functioning of the government’s marquee Jal Jeevan Mission. In June, the Centre had reported...
More »Proposals for remediation of 1,000 legacy dump sites approved so far, says Hardeep Singh Puri
-The Hindu The actions plans come under the Swachh Bharat Mission Action plans for remediating around 1,000 legacy landfill sites that contain a total of 12.8 crore metric tonnes of waste have been approved under the Swachh Bharat Mission, said Union Housing and Urban Affairs Minister Hardeep Singh Puri on Thursday. Inaugurating the ‘Swachh Shehar Samvad’ and a tech exhibition here, Mr. Puri said under the ‘Lakshya Zero Dumpsite Challenge’ all legacy landfills,...
More »No meal, class for 3 months in Jharkhand school -Animesh Bisoee
-The Telegraph Matter comes to light after pramukh’s surprise visit to state institution Jamshedpur: Students of a state-owned school in a rebel-hit block of West Singhbhum district of Jharkhand have been deprived of mid-day meal for over three months. The mid-day meal also known as PM-POSHAN (Pradhan Mantri Poshan Shakti Nirman) is covered by the National Food Security Act 2013 making it legal entitlement while the federal government is committed to yielding “adequate...
More »After the floods, Bengaluru needs to clean up its act -TR Raghunandan
-The Hindu Everybody has a favourite villain to blame, yet the herd of restive elephants in the room is led by a pARTicularly malevolent matriarch — corruption The floods have abated in Bengaluru. As individuals struggle to clean their houses, the silt on the roads left behind by the receding water — now a fine dust that flies in the air choking us — is a reminder of those difficult times. Various analyses...
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