-The Hindu It's time we stopped neglecting urban ecosystems Countless poets and lovers have declaimed over the ages that Venice is not just a city; it’s a living dream. By that same measure, irreverent others would hold that during the monsoons in India, its cities are more than just cities; they are lived nightmares. Venice’s waterways are celebrated the world over and hordes of tourists descend on the city every year. In...
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A child under 15 dies every 5 seconds around the world: UN -Bindu Shajan Perappadan
-The Hindu Most children under five die due to preventable or treatable causes, says report An estimated 6.3 million children under 15 years of age died in 2017, or 1 every 5 seconds, mostly of preventable causes, according to the new mortality estimates released by UNICEF, the World Health Organization (WHO), the United Nations Population Division and the World Bank Group on Tuesday. The report notes that for children everywhere, the most risky...
More »Why factory output figures are suspect -R Nagaraj
-The Hindu Business Line The MCA database, which underpins the jump in factory GDP, is unconvincing. The ASI method was set ASIde for wrong reasons In early 2015, the Central Statistical Office (CSO) introduced a new series of National Accounts Statistics (NAS) with 2011-12 as the base year, replacing the earlier series with the base year 2004-05. It is the CSO's routine job to make such revisions, roughly once in a decade,...
More »2008 global financial crisis: What government overdid, or didn't do -P Vaidyanathan Iyer
-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
More »Six million people quit jobs in 10 months till June, shows govt data -Prashant K Nanda and ASIt Ranjan Mishra
-Livemint.com While 10.7 million additional employees joined EPFO between September 2017 and June 2018, at least 6.04 million stopped subscribing to it: Government New Delhi: At least six million people, about 4.6 million of them under 35 years of age, left their formal jobs in the 10 months ending June and may or may not have rejoined work, according to payroll data released by the government on Friday. This is the first time...
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