-The Hindu Water reaches 136m at the Sardar Sarovar dam Gujarat continues to be battered by heavy rains, prompting authorities to put more than 100 dams and reservoirs on high alert. The State has put more than half of its water bodies on high alert following heavy water inflows at the reservoirs as rains continue unabated, exceeding more than 110 % of the season’s total rainfall. As per the latest update, out of...
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130 wetlands to be restored on priority
-The Times of India NEW DELHI: Underlining the importance of wetlands not only as a source of water but also as ecosystems that prevent land degradation and desertification, the Centre has identified 130 wetlands for priority restoration in the next five years and asked states to submit their respective integrated management plan by October 15. The highest number of such identified wetlands are in Uttar Pradesh (16) followed by Madhya Pradesh (13),...
More »Gujarat's steel furnace industry to be next victim of economic slowdown -Ronak Chhabra
-Newsclick.in According to Gujarat Induction Furnace Association, well over 7,000 workers of the steel furnace industry in Gujarat have become jobless in last three months. On Monday, September 2, it was reported that the growth of the country’s eight core industries has plunged, according to the official data, to 2.1% in July as against 7.3% in the same period last year. This included the steel sector industry which has registered a decline...
More »Maharashtra gets just 4% of all Mudra loans but generates most new jobs -Aanchal Magazine
-The Indian Express Maharashtra does not rank among the top five states in terms of loans disbursed. It could garner just 4% share in the total loans but generated the maximum additional jobs of 15%. Just five states, Tamil Nadu, Karnataka, Odisha, Bihar and West Bengal, account for about 70% of total loans disbursed — by value — under the Mudra scheme during April 2015 to December 2017, according to the...
More »Professor Amiya Bagchi, Marxist economist, interviewed by Subhoranjan Dasgupta (The Telegraph)
-The Telegraph "The government has miserably failed to stimulate the domestic economy. It has spent less and less on public education, healthcare and infrastructure because of its erroneous policy" The Modi government has an ambitious plan to create a $5-trillion economy in the next five years — but all data points are heavily stacked against it. The economy is floundering and the Reserve Bank of India has already trimmed its growth forecast...
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