-PTI 'If public spending is slashed, it will mean cutting down expenditure on social sector scheme." There is hardly any private investment,' explained Finance Minister Arun Jaitley. Finance Minister Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount...
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Medha Patkar suspends Jal Satyagrah as water level stops rising -Milind Ghatwai
-The Indian Express "We want vikas not vinash,’’ Medha Patkar said and accused the Centre, Gujarat and Madhya Pradesh governments of misleading people by tweaking statistics. "punarvas nahi to bandh nahi.’’ Hours after Prime Minister Narendra Modi inaugurated the Sardar Sarovar Dam in Gujarat, Narmada Bachao Andolan (NBA) leader Medha Patkar on Sunday suspended the Jal Satyagrah she had started with women affected by the project here on Friday. The NBA had called...
More »Narmada dam built despite attempts to stop it, says PM -Mahesh Langa
-The Hindu The construction of this dam is an engineering marvel and every engineering student should study it, the Prime Minister says Ahmedabad/ Dabhoi: Prime Minister Narendra Modi on Sunday dedicated the Narmada Dam project to the nation on his Prime Minister Narendra Modi on Sunday dedicated the Narmada dam project to the nation on his birthday, calling it Gujarat’s lifeline that has been completed despite many hurdles. Many people had “conspired”...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Rising input prices keeping down net crop incomes in many states, observes new report
For those who asked why the farmers of Madhya Pradesh, Maharashtra and other states hit the streets during June and July this year, the report prepared by the Committee on Doubling Farmers’ Income could be a ready reckoner. Prepared under the chairpersonship of Ashok Dalwai, the report on Doubling Farmers’ Income after studying the trends in crop income and cost associated with 23 crops, reveals a mixed picture across the...
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