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Dumb and Dumber: Facing slowdown, govt squeezes expenditure -Subodh Varma

s facing an unprecedented slowdown of the economy with GDP growth slumping to 5% in the June quarter, agriculture growing by only 2% and manufacturing by a mere 0.6%. Private consumption expenditure &NDAsh; spending by families on consumption &NDAsh; has slipped downwards, bank credit has decelerated, and there are reports of widespread job losses from across the board while monthly unemployment has climbed

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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)

l blunders like demonetisation, the time has now come for the government to carry out the next generation of structural reforms,” Singh told BusinessLine in an interview. Talking about the maNDAte which the Modi government has got, he said: “It is important to remember that this is a government with an overwhelming maNDAte, a full majority, not once, but twice in a row. When I served as the F

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A case for a differential global carbon tax -Rohit Azad & Shouvik Chakraborty

-The Hindu All nations must climb down the emissions ladder without giving up on their staNDArd of living Climate change is a global problem, and a global problem needs a global solution. The most recent Intergovernmental Panel on Climate Change (IPCC) report suggests that we, as humankind, might have just over a decade left to limit global warming. The IPCC says total global emissions will need to fall by 45% from 2010 levels by 2030 and reac

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Farm panel chief raises concern over sale of banned glyphosate herbicide

-The Times of India BATHINDA: The Punjab agriculture and farmers welfare department had banned glyphosate herbicide in October 2018, but the chemical is still being sold by an e-commerce company. Taking note of that, Punjab State Farmers and Farm Labourers Commission chairman Ajay Vir Jakhar has tweeted to ask the e-commerce giant Amazon to stop selling glyphosate herbicide in Punjab. Jakhar tweeted: "Punjab banned sale and use of glyphos

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IMF's 'Phantom FDI' destinations and the India connection -Sai Manish

-Business StaNDArd IMF study says investments in empty corporate shells in these nations by companies' hints at tax evasion New Delhi: In a recently released paper, the International Monetary Fund (IMF) has drawn the world’s attention to the rising menace of ‘Phantom foreign direct investment (FDI)’, defined as investment flows that pass through empty corporate shells that have no real business activity, with the intention to

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A wider deficit is unavoidable to strengthen demand -Ajit Ranade

demand for goods and services, setting off a virtuous cycle until the economy can run on its own steam without fiscal steroids. The idea of deficit-spending divides economists into anti-deficit fuNDAmentalists and “deficits do not matter" shoulder-shruggers who tend to support any amount of fiscal profligacy. Actually, most well-meaning, classically-trained economists fall in the former camp, and they see opposing deficits as a noble du

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How No Food Waste works to redistribute surplus food to the needy in Tamil Nadu -Nahla Nainar

coconut, have a tendency to go bad in the heat. So we try and distribute them within an hour of preparation because we cannot risk food poisoning. Our volunteers don’t accept anything that may eNDAnger the health of the recipients,” says Ramakrishnan. With the ban on single-use disposable vessels, NFW has shifted to serving food on plantain leaves. People are also allowed to bring their own containers to take food home. A gift of foo

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Explained: The idea of 'zero-budget' farming, and why scientists are sceptical -Yashee

-The Indian Express Addressing the 14th Conference of Parties (COP14) to the United Nations Convention to Combat Desertification (UNCCD) on MoNDAy, Prime Minister Narendra Modi mentioned that India was "focusing on Zero Budget Natural Farming (ZBNF)". In her Budget speech, Finance Minister Nirmala Sitharaman had spoken of the need to “go back to basics”, and to “replicate this innovative model (that) can help in do

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Top farm scientists body rejects zero budget natural farming -Harish Damodaran and Parthasarathi Biswas

-The Indian Express This comes even as Prime Minister Narendra Modi, addressing the 14th Conference of Parties to the UN Convention to Combat Desertification on MoNDAy, mentioned that “we are focusing on ZBNF”. India’s premier academic body of agricultural scientists has hit out at Zero Budget Natural Farming (ZBNF), terming it as an “unproven” technology bringing no incremental value gain to either farmers or co

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100 days of reckless and dangerous governance -Rajeev Gowda

-The Hindu The government has pushed its ideological ageNDA even at the cost of constitutional values and welfare The Modi government has embarked on a publicity blitz to mark the first 100 days of its second term. Since even accomplished purveyors of propagaNDA may leave out some achievements, I write to set the record straight. The most prominent achievement of Modi 2.0 has been its emphasis on

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