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Development vs environment debate resurfaces after Uttarakhand flash floods -Megha Kaveri

-TheNewsMinute.com Experts say that the narrative that a country must choose between environment and development itself is wrong. Merely days after the fatal landslide in Kerala’s Pettimudi in Idukki district in August last year, the spotlight was back on the Gadgil report on the Western Ghats. The report, submitted to the government of India in 2011, had designated the Pettimudi region among the most sensitive ecological zones in the Western Ghats and...

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Expenditure secy: Chose capex over handouts, will trigger growth -Aanchal Magazine

-The Indian Express Somanathan said the government is trying to reach the target group of unskilled and semi-skilled workers through increased government expenditure in the construction sector. Working with a “constrained resource envelope” in the aftermath of the Covid-19 pandemic ahead of Budget 2021-22, the government essentially had to make a choice between two policy options: handouts and capital expenditure. “We chose capex,” TV Somanathan, Expenditure Secretary, Ministry of Finance, told The...

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NITI Aayog's megacity plan for Little Andaman alarms conservationists -Pankaj Sekhsaria

-The Hindu The proposed construction of a mega financial-tourist complex on Little Andaman Island will place at risk a fragile ecosystem and result in habitat loss of the vulnerable Onge tribe and rare wildlife A plan for the sustainable and holistic development of the 680 sq km, fragile Little Andaman Island in the Andaman and Nicobar group has raised the alarm among conservationists. The ‘Sustainable Development of Little Andaman Island - Vision Document’,...

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24 proposed projects in Telangana spell danger for tigers -V Nilesh

-The New Indian Express According to sources, road widening, upgradation or construction projects proposals are through the forests where the tigers were recently sighted. HYDERABAD: There have been many tiger sightings in different forest areas of Telangana in the past few months, boosting hopes for revival of State’s forests which form an important part of central Indian tiger landscape. However, The New Indian Express has found that there are 24 road widening, upgradation...

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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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