-The Hindu There are substantive reasons for the questions being raised about the new GDP back series Without in any way impugning the integrity of the Central Statistics Office (CSO), most knowledgeable people are asking: if most important indicators of the Indian economy were better in 2004-2014, how is the GDP growth rate higher in estimates just released (7.4% per annum since 2014 and only 6.7% per annum in 2005-2014)? This is...
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Are Loan Waivers a Panacea for Rural Distress? -Nilanjan Banik
-Economic and Political Weekly Small and marginal farmers are not the real beneficiaries of loan waivers. In the year following loan waivers, small farmers lose out on three counts: lower access to formal loans, falling agricultural revenue because of higher informal loan costs, and falling agricultural productivity. Instead, supply-side interventions could make a real difference in farmers’ lives as a long-term alternative to loan waivers. Please click here to access the full...
More »Who is Agnes Kharshiing? -Rahul Karmakar
-The Hindu On November 8, Meghalaya’s Agnes Kharshiing and her associate Amita Sangma became the latest among 18 Right to Information activists in the northeastern region to have been either killed or assaulted or harassed. They were — as the police said — assaulted by a group of criminals at Tuber Sohshrieh in the coal- and limestone-rich East Jaintia Hills district. The spot where they were waylaid is not far from...
More »Fast pace digitisation may not be good for environment -Swathi Moorthy
-The Hindu Business Line Every search by energy-consuming data centres leaves carbon footprint New Delhi: Most of our days start with replying to messages on social messaging platforms and probably end with viewing videos on Netflix, but do we realise these activities contribute to climate change? According to studies on climate change, data centres account for about 3 per cent of the total electricity consumed globally. Every search leaves a carbon footprint of...
More »The oil & rupee problem -Kirit Parikh
-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
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