-The Indian Express The consolation this time, though, is the surplus showers during June and July. It has resulted in the cumulative rainfall for the four-month southwest monsoon season (June-September) being only 4.3 per cent below normal till August 16. New Delhi: The current month is turning out to be the driest August in eight years. The country as a whole has received 25.6 per cent less area-weighted rainfall during August 1-16...
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Economy Plunging Headlong Into Recession -Prabhat Patnaik
-TheCitizen.in NEW DELHI: Volume II of the Economic Survey which was brought out by the Ministry of Finance a few days ago paints an extremely grim picture of the Indian economy. The growth rate of real Gross Value Added (GVA which is the appropriate thing to look at, since the GDP measure includes net indirect taxes and hence does not truly reflect output trends), was 6.6 percent for 2016-17 as a whole,...
More »Economy red flags go up -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India's growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP growth in the range of 6.75 to 7.5 per cent...
More »The classroom and the field -Ajay Vir Jakhar
-The Indian Express Agriculture education is in a poor state. ICAR must be revamped Although autarky on Indian farms is a distant dream, as the 71st year of Independence dawns, penury-ridden farmers are still committing suicide by the thousands— a consequence of decades of short-sightedness, while economists and scientists are still equating food sufficiency to farmer sustainability. The occasion merits introspection on the core issues of farmers’ distress. We must begin at the...
More »Ground water authority might expand areas where water-guzzling industries can operate -Mridula Chari
-Scroll.in A draft notification on the Central Ground Water Authority’s website seems to relax the rules laid out in 2015. The Central Ground Water Authority has drafted new guidelines to regulate the use of groundwater across the country. If these get approved, water-guzzling industries such as packaged drinking water and paper manufacturers could be allowed to drill for water even in areas identified as facing a groundwater crisis. The draft does away...
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