-The Economic Times The latest round of NSS - the 68th employment-unemployment round - brings good news for jobs. The data for 2011-12 shows that total employment in the economy has risen from 460.2 million in 2009-10 to 472.9 million in just two years. This is good news compared to the previous five-year period that saw an increase of only 2.5 million jobs over 2004-05 and 2009-10. Another piece of good news...
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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus
-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...
More »Can we afford to damn dams?-Mayank Mishra
-The Business Standard Dehradun: The immediate aftermath of a disaster almost always brings out angry responses. The tragic incident in Uttarakhand is no exception. Many experts, who belong to the "I told you so" camp, have come out with their own causal analysis of the tragedy. While town planners are blaming the rapid expansion of construction activities, naturalists are of the view that the disaster is nature's way of restoring balance...
More »Watershed moment -Himanshu Upadhyaya
-Timescrest.com Three successive CAG reports warned the Uttarakhand govt about the consequences of multiple hydropower projects, and their unpreparedness in the face of disaster. The advice was ignored. With aim of turning Uttarakhand into Urja Pradesh, the state has committed to building 680 dams, currently in various stages of commissioning, construction and planning. The powers that be have expedited the clearances for these projects. However, when it came to the issue of credible...
More »Weeks before floods, Uttarakhand CM opposed green norms
-The Economic Times NEW DELHI: It's clear that the devastation caused by the flash floods and landslides in Uttarakhand was at least in part due to environmental degradation of fragile mountain slopes and reckless commercialization. Yet, weeks before the calamity state CM Vijay Bahuguna had railed against "environmentalists" and "Green Statutes" for hampering development work during a May 23 meeting in Delhi with Montek Singh Ahluwalia, Plan deputy chair, to finalize...
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