-Hindustan Times India’s groundwater recharge is not adequate even though drought conditions are making us extract more and more of the resource, and that the people are wasting too much water. In a report released recently, the Indian Institute of Technology, Gandhinagar, the University of California, and the India Meteorological Department, Pune, said nearly 50% of the country is currently facing drought with at least 16% falling in the exceptional or...
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Deepening slowdown: on the Indian economy
-The Hindu Can the RBI’s reduction in borrowing costs help check the demand slowdown? India’s economy is inarguably slowing, and the latest estimates from the Central Statistics Office disconcertingly point to a deepening slowdown. GDP growth is projected to have eased to 6.6% in the October-December period. With the CSO now forecasting the full-year expansion at 7%, fiscal fourth-quarter growth is implicitly pegged at an even slower 6.5%. At that level, growth...
More »Election Commission: no names removed based on draft NRC
-The Hindu SC wants list of names included in Assam rolls from 2017 The Election Commission of India (ECI) on Tuesday assured the Supreme Court that names have not been deleted from the Assam electoral roll on the basis of their exclusion from the draft National Register of Citizens (NRC), which was published in July last year. However, a Bench led by Chief Justice Ranjan Gogoi was not satisfied. “But a question looms large...
More »'Access to formal credit increases income of farmers' -TV Jayan
-The Hindu Business Line Letting farmers use Kisan Credit Card for non-farm use for a limited time can help improve credit facility to small farmers The returns earned by farmers, who have access to formal credit, are on an average 17 per cent higher than what farmers, who are dependent on informal sources including loan sharks, earn, said an agricultural economist. Besides, access to institutional credit increases the per capita monthly consumption expenditure...
More »Analysis: What the Congress wants and the BJP doesn't -- a focus on demonetisation -Varghese K George
-The Hindu Unlike surgical strikes and raids in Pakistan, the proof of the impact of demonetisation is evident. Prime Minister Narendra Modi often speaks of his ‘bold decisions’ but he rarely publicises the boldest of all his decisions in this entire career — demonetisation. The abrupt announcement on November 8, 2016 to invalidate currency notes of ?500 and ?1000 was indeed decisive. But during this campaign, that is unlikely to be the...
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