-The Telegraph Mumbai: Research by the State Bank of India suggests currency notes of higher denominations, especially Rs 2000 notes, are "not getting adequately circulated in the economy" and the tendency to hoard cash may be having a domino effect. An SBI research report tries to provide a theoretical basis for the sudden evaporation of cash in some states by linking the phenomenon to the sharp decline in "Income Velocity" in the...
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Modern farming techniques changing lives in Ladakh
-IANS Leh: For Tsetan Punchok, a 50-something farmer from the distant village of Partapur in Ladakh in Jammu and Kashmir, life was difficult in the 3,000-metre highlands where summer lasts barely four months and for long, he could only grow potatoes and turnips. His life, however, changed in the last few years when he came in touch with scientists of the Defence Institute of High Altitude Research (DIHAR). DIHAR, a laboratory of premier...
More »Escape velocity: Did Harvard dons inspire Rahul Gandhi?
-The Times of India NEW DELHI: Jupiter's gravity could be Rahul Gandhi's flourish, but "escape velocity" is a buzzword in macro economics and empowerment this year, figuring in the title of an influential paper by two Harvard economists studying racial inequality. In "Achieving escape velocity: Neighbourhood and school interventions to reduce persistent inequality", Harvard's Roland D Fryer and Lawrence F Katz examine policies that enable youth to "escape the gravitational pull of...
More »MGNREGA 2.0 LAUNCHED: NEW GUIDELINES
The Government of India has formally launched the news Guidelines of the MGNAREGA based on the Mihir Shah Committee report. The news guidelines include many new works under conservation activities and it strengthens the hands of the village panchayats and gram sabhas. However, the list of works does not include the activities under the system of rice intensification (SRI) which encourages scientific method of paddy cultivation with better yield in...
More »Nuclear power is our gateway to a prosperous future by APJ Abdul Kalam and Srijan Pal Singh
'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...
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