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Are we overestimating the fiscal boost to the economy? -Roshan Kishore

-Hindustan Times Gross domestic product (GDP) statistics are released at both current and constant prices. The latter discounts inflation (more on this later) from the base year of the current GDP series. Let’s assume it takes a tonne of steel to build half a kilometre of road. Let’s also assume steel costs ₹1,000 a tonne and there is a tax of 10% on steel. Now, if steel prices doubled in a year,...

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Schools must be the last to close and the first to open, suggests NCEE to the govt.

-Press release by National Coalition on the Education Emergency (NCEE) dated January 4, 2022 We note with concern, that governments are considering or planning school closure as Covid cases are on the rise. Delhi, Goa and Haryana governments have ordered school closure. Karnataka TAC has recommended a TPR of 2 percent to close schools and colleges. This will spell a disaster for children. Schools have recently opened after remaining mostly closed since...

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Over a million paddy bags damaged in the open in Odisha due to rain, hailstorm -Priya Ranjan Sahu

-Down to Earth Most of the market yards had temporary sheds while several of them had permanent sheds More than a million bags of paddy lying in the open in market yards in Odisha’s Bargarh district have reportedly got damaged due to heavy rain and hailstorm, which also caused extensive damage to vegetable crops in the district. The rain started from the evening of December 28, 2021 with a spate of hailstorm in...

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Haryana: Khattar’s ‘Gift’ Not Enough, Anganwadi Workers’ Strike to Continue, Says Union -Ronak Chhabra

-Newsclick.in Waged since December 8, the strike action has resulted in the operations of almost 26,000 Anganwadi centres in 22 districts across the state to come to a grinding halt. New Delhi: Protesting Anganwadi workers and helpers in Haryana on Thursday said that the state-wide strike that forced the state Chief Minister Manohar Lal Khattar to announce a slew of financial incentives for the all-women workforce a day earlier, will continue in...

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Ken-Betwa river interlinking: Core forest area of Panna tiger reserve will come under water, warns study -Susan Chacko

-Down to Earth At loss: 2 million trees, tiger and its species, 58.03 sq km of critical tiger habitat The Ken-Betwa River Interlinking (KBRIL) Project will lead to the submergence of a major portion of the core area of the Panna Tiger Reserve in Madhya Pradesh, triggering a major loss of the tiger and its major prey species such as chital and SAMbar, according to a new study. KBRIL is a river-interlinking project...

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