-The Hindustan Times Even with the prospects of a year of high growth and low prices, a clutch of disquieting data on the ground suggests that things are still tough, potentially testing the Narendra Modi-led government's ability to pull the economy up. Output in factories has fallen sharply and a depressing farm season this winter, along with a fall in rural wages, could prolong recovery. Simply put, the drag this time...
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India third on black money list: report
-PTI Global Financial Integrity puts the cumulative illicit money moving out of the country at Rs 28 lakh crore in 10 years Washington: As India continues its pursuit of suspected black money stashed abroad, an international think-tank has ranked the country third globally with an estimated USD 94.76 billion (nearly Rs 6 lakh crore) illicit wealth outflows in 2012. As a result, the cumulative illicit money moving out of the country over a...
More »Developing countries object, climate talks flounder -Amitabh Sinha
-The Indian Express Lima: The climate talks at Lima were on the brink of collapse on Saturday after two attempts to push through watered-down proposals were rejected by developing countries, forcing the head of negotiations to summon the delegates for an extra day of work. The two-week-long negotiations were supposed to have ended on Friday evening with a decision on the kind of climate actions that countries could take in order to...
More »Swachh Bharat: Centre to spend Rs 2 lakh cr in 5 yrs
-Business Standard The government to set up a 'Swachh Bharat Kosh' to provide tax and fiscal incentives The Centre would spend around Rs 2,00,000 crore over the next five years for the Swachh Bharat Mission, said M Venkaiah Naidu, Union minister for urban development. The minister also said the government would set up a 'Swachh Bharat Kosh' to provide tax and fiscal incentives. The minister said urban India generates about 68.8 million tonnes...
More »Storm in teacup: Food Security Act may leave 19 lakh families in Assam's tea gardens hungry -Simantik Dowerah
-FirstPost.com Uncertainty over the supply of subsidised foodgrain to over 19 lakh families in Assam whose livelihoods are linked to work in the tea gardens is threatening to not only spark dissent among workers but has got the industry Leaders worried. To understand the impact, consider the case of Deepak Daori and Monica Daori - both workers at Mokalbari Tea Estate in Dibrugarh district. "We are worried that the our monthly ration might...
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