-The Indian Express The country’s GDP registered an annual decline, at minus 5.2%, last in 1979-80. But that year also recorded negative growth for agricultural GDP, at minus 12.8%. April-June may be the first time that India’s economy would contract year-on-year since the government started coming out with quarterly estimates of GDP from 1996-97. But the data for the quarter, to be released by the National Statistical Office on August 31, could...
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Godavari flood: Threat to Polavaram village as Necklace Bund becomes weak -Rajulapudi Srinivas
-The Hindu MLA, Collector, SP, ITDA PO, Irrigation SE reach the spot, bund strengthened. POLAVARAM (WEST GODAVARI DISTRICT): Tension gripped Polavaram and Patha Polavaram villages as the Necklace Bund, constructed to protect the low-lying villages, became weak due to heavy flooding along Godavari River. As the water level continued at a dangerous level in the past week, the bund was Damaged and looked likely to be breached at any moment, the villagers said. Godavari...
More »Compensatory afforestation: 70% data with ministry incorrect, writes top forest officer -Ishan Kukreti
-Down to Earth Inspector General of Forests AK Mohanty sent letter to all states, alleging discrepancies About 70 per cent data on compensatory afforestation was “incorrect or incomplete”, according to a letter Inspector General of Forest, AK Mohanty. The letter, dated August 10, 2020, was sent to principal secretaries for forests of all states and Union territories. The data in question was for work done under the Compensatory Afforestation Fund Act, 2016 and...
More »A crisis without villains -Harish Damodaran
-The Indian Express Current economic contraction is different from previous ones. Governments should borrow and spend India has never experienced negative economic growth since 1979-80, and before that in 1972-73, 1965-66 and 1957-58. All these were drought years with 1957-58 also registering a significant balance of payments (BOP) deterioration and 1979-80 witnessing the second global oil shock following the Iranian Revolution. The real GDP decline of 5-10 per cent that various agencies are...
More »Afraid of Angering BJP, Facebook Ignored Hate Speech Rules for Party's Anti-Muslim Posts: Report
-TheWire.in A report in the Wall Street Journal, quoting unnamed current and former FB officials, alleges a top Facebook India official opposed taking down hate speech posts by a BJP MLA over worries it would Damage the company's business prospects in India. New Delhi: A top Facebook official in India was opposed to applying the social media platform’s hate speech rules to at least one Bharatiya Janata Party (BJP) politician and other...
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