-Hindustan Times One of them was its large area of impact. The maximum temperature in December was 17.5 degree C over northwest India, the lowest since 1971, according to an analysis by India Meteorological Department (IMD). The severe cold spell which northwest India experienced in the latter half of December (December 15 to 30) was unprecedented due to several reasons. One of them was its large area of impact. The maximum temperature...
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Usharmukti project: A confluence of institutions for rejuvenating rivers -Ashwini Kulkarni
-IdeasforIndia.in Usharmukti, a project of the Government of West Bengal, is being carried out in collaboration with civil society organisations in the western part of the state, to carry out watershed activities under MNREGA to conserve soil and water. In this note, Ashwini Kulkarni describes the main idea behind and working of the innovative project from her visit to the project area. When a farmer says that with potato in Rabi season...
More »63 Indian billionaires wealth higher than the Union Budget for 2018-19: Oxfam
-PTI * Oxfam said the combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 * The report flagged that global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade Davos: India's richest 1 per cent hold more than four-times the wealth held by 953 million people who make up for the bottom 70...
More »The puzzle of inflation going up despite low demand in India -Himanshu
-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...
More »Is the Indian economy staring at stagflation? -Prashanth Perumal J
-The Hindu Why is the scenario of rising prices and falling growth a cause for worry? Can the government or the Reserve Bank of India do anything? The story so far: The rise in retail price inflation to a nearly six-year high of 7.35% in December has led to increasing worries that the Indian economy may be headed towards stagflation. The current rise in retail inflation has been attributed mainly to the...
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