-Hindustan Times The nature-development equilibrium is broken, leading to climate disasters. At least 100 people have died in floods in three states in peninsular India — Kerala, Karnataka, and Maharashtra — in August due to monsoon floods. There are several reasons, as reported in a series of articles in Hindustan Times, for the havoc and deaths, such as changes in land-use patterns, excessive quarrying and unscientific plantations (Kerala), poor management of dams...
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'Climate change to hit 150 Himalayan fish species' -Shivani Azad
-The Times of India DEHRADUN: An internal study of the Wildlife Institute of India reveals climate change will adversely affect around 150 native fish species of the Himalayan states, including Uttarakhand, Himachal Pradesh, Jammu & Kashmir and Arunachal Pradesh. Common snow trout, found in the Himalayas and much sought after as food, alone is likely to lose around 21% of its existing space of 16,251 square km. Scientists say “continuous stalking of...
More »In economic slowdown, a back story about falling investor confidence -Harish Damodaran
-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...
More »Biscuit-maker Parle says it may have to sack 8,000 to 10,000 workers amid slowdown in sales
-Scroll.in The company said higher taxes in the GST system had forced it to increase prices. It caused consumer demand to fall. Biscuit maker Parle Products Private Limited on Tuesday said it may lay off almost 10,000 employees if the demand slowdown continues, The Economic Times reported. “We have sought reduction in the Goods and Services Tax on biscuits priced at Rs 100 per kg or below, which are typically sold in...
More »Paddy, tube wells and depleting groundwater: Why Punjab's water resources are under strain -Vikas Vasudeva
-The Hindu Rice cultivation in Punjab, which thrived in the past due to the easy availability of water resources and free supply of electricity to farmers, is under considerable strain now. Vikas Vasudeva examines how overexploitation has made groundwater not only scarce but also increasingly alkaline. Gurmeet Singh, 60, a tall land-owning farmer in Bhattiwal Khurd village, which is located in Punjab’s Sangrur district, has yet again planted the water-guzzling paddy crop...
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