-The Indian Express Two loan defaults lead to two different outcomes, year upon year, a nightmare version of déjà vu. The former exits the country; the latter exits the mortal world. Liquor baron Vijay Mallya and diamond jeweler Nirav Modi could jointly run a crash course for the debt-ridden and beleaguered farmers of Vidarbha, nay the entire country: How to stay cool with unpaid debts. Mallya could tell the peasantry, for instance, how...
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Rs 7,000cr facelift for 700 large dams -Vishwa Mohan
-The Times of India NEW DELHI: The safety and operational performance of 700 large dams across 18 states will be improved through repair and rehabilitation work over six years (2020-26) at an estimated cost of nearly Rs 7,000 crore. Some of these dams will also be developed as tourist destinations so that it can generate revenue for maintenance and create jobs for local people. The World Bank-funded project was cleared by...
More »Too clever by half? -Venkatesh Athreya
-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...
More »Water harvest: Punjab's experiment with DBT for power to the farm sector could pay off for groundwater in the state
-The Financial Express The scheme, part-funded by the World Bank, aims at pushing recharge of groundwater sources and efficient use at the local level. Rapidly-depleting groundwater in nearly a third of the blocks that were assessed in a study by the Central Ground Water Board (CWGB) has caused, The Times of India reports, the Centre to put the Rs 6,000-crore Atal Bhujal Yojana on fast-track. The scheme, part-funded by the World Bank,...
More »Centre pushes Rs 6,000cr plan to tackle water depletion -Vishwa Mohan
-The Times of India NEW DELHI: Fast depleting ground water in nearly 30% of the assessed blocks in the country has pushed the Centre to fast-track its Rs 6,000 crore ambitious plan aimed at efficient management of available water resources and strengthening of recharge mechanism through community participation. Half of the total cost of this central scheme, named Atal Bhujal Yojana, will be supported by the World Bank as loan while the...
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