-The Indian Express On Tuesday, skim milk powder (SMP) prices at Global Dairy Trade (GDT), the fortnightly auction platform of New Zealand’s Fonterra Cooperative, averaged $3,243 per tonne, the highest since the $3,264 of August 5, 2014. Vegetable prices have cooled with the usual winter-time increase in supplies of carrots, cauliflower, cabbage, radish, capsicum and peas. Even onions and tomatoes aren’t on fire like they were only a couple of months ago. That...
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Climate change needs to be addressed or else be ready to pay the price
A recent report by Christian Aid -- an international NGO based out of London -- says that the world was not just hit by the COVID-19 pandemic in 2020, it actually faced massive loss of lives and livelihoods owing to the intensification of the ongoing climate crisis. Climate-related disasters varied from fires in Australia and the United States, floods in China, India and Japan to storms in Europe and the...
More »Odisha’s Bonda tribe sees rise in ‘distress migration’ -Satyasundar Barik
-The Hindu While the youth have abandoned villages for work in distant towns, children have dropped out of schools after pandemic Andrahal: Perched at a height of 3,500ft above sea level in the hilly Malkangiri district of Odisha, this village is difficult to access and so are its inhabitants — the Bondas, a particularly vulnerable tribal group, known for their secluded lives away from the mainstream. However, the lack of access has not...
More »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...
More »Can raising the approved labour budget from 280.76 crore person-days to 306.6 crore person-days help the unskilled returnee migrants who prefer MGNREGA to Garib Kalyan Rojgar Abhiyaan?
Although social activists and concerned economists demanded at least Rs. 1 lakh crore to be earmarked in favour of the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS), the Finance Minister in her budget speech on 1st February allocated only Rs.61,500 crore to it for the financial year 2020-21. As compared to the fund spent on MGNREGA in 2019-20 (i.e. revised estimate of Rs.71,001.81 crore), the amount set aside for the...
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