-The Times of India NEW DELHI: The Centre will dole out the biggest ever incentive of Rs 10,000 crore to municipalities and States in the next two years to push urban reforms. The housing ministry has put up the proposal before the Cabinet for approval. The ministry had introduced parameters for competition among States and municipalities last year and Rs 900 crore in incentives was disbursed based on their performance for two...
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Agrarian Haryana tops diversion of forest land; Telangana, MP next -Vishwa Mohan
-The Times of India NEW DELHI: Haryana does not have much area under forest cover — most of its land (80%) is under cultivation — but it still diverts more forest land than any other state for non-forestry purposes, such as construction, infrastructure and industrial projects. Along with Telangana, Madhya Pradesh, Odisha and Maharashtra, Haryana accounted for more than 50% of the total diversion of forest area (56,069 hectares or 560.69 sq...
More »India's rising inequality is taking the shine off its growth story even in the world's eyes -Riaz Hassan
-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the...
More »19% of Indians drink water with lethal levels of arsenic -Radheshyam Jadhav
-The Times of India NEW DELHI: About 239 million people across 153 districts in 21 States drink water that contains unacceptably high levels of arsenic. In effect, they are being slowly poisoned. Calculations based on information provided by the water resources ministry in response to a question in the Lok Sabha reveal that 65% of Assam's population, or about 21 million people, is drinking arsenic-contaminated water, while it's 60% in Bihar...
More »Bhargavi Zaveri, senior research associate at the Indira Gandhi Institute of Development Research, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...
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