-The Times of India NEW DELHI: The central and state governments have opened their purses for rescue and relief operations as floods continue to cause immense Damage and loss of lives in several states. Till Friday, the Centre and states together released over Rs 6,900 crore in eight states to safeguard human lives even as estimation of economic loss is yet to begin. Poll-bound Maharashtra has seen the highest release of Rs...
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Kashmiri children taken away by forces, say Jean Dreze and team -Pheroze L Vincent
-The Telegraph The report was made public at a time large sections of the mainstream media have been accused of toeing the government line or have faced communication hurdles in reporting New Delhi: A team of civil society members has recorded testimonies about children who say they were detained and beaten in Kashmir since an ongoing lockdown erected an information blockade in the Valley. The team members said they were denied the use...
More »There is a funDamental problem of demand today. At the core of it is incomes that aren't rising enough -Harish Damodaran
-The Indian Express The certainty that producers once enjoyed — of finding buyers for their wares without doing much beyond minor price adjustments to bring supply and demand into equilibrium — has ceased to exist. India traditionally never had a demand problem. On the contrary, its economy was always supply-constrained. Proof of no demand paucity is that between 2000-01 and 2015-16, domestic consumption of both finished steel and cement roughly trebled, from...
More »Planting forests no panacea for the climate crisis: IPCC -Tarun Gopalakrishnan
-Down to Earth The IPCC’s Special Report on Climate Change and Land says land-based carbon sinks are not limitless The carbon cycle is classically described in terms of ‘sources’ and ‘sinks’ of emissions. The electricity sector, which converts fossil fuels into light and heat, is a source (as are most human activities since the dawn of the industrial age). Identifying sinks is trickier. We know that, as a general principle, more forest cover...
More »Jean Dreze contests Amit Shah with Gujarat data -Pheroze L Vincent
-The Telegraph Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices New Delhi: Economist Jean Dreze held up a placard at a protest rally here on Wednesday, displaying stats to contest home minister Amit Shah’s claim that Jammu and Kashmir was less developed than the rest of India. Dreze showed how Jammu and Kashmir outscored Gujarat on the basis of a raft of development indices. “I...
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