Kerala has seen one of the worst floods in its history during this monsoon. From August 8 to 20, nearly 223 people have lost their lives, 33 are missing and around 1.2 million individuals from 3,02,441 families are in 3,941 relief camps. Initial losses are estimated to be around Rs 200 billion (Rs 20,000 crore). With the rescue measures in its last leg, the Kerala government is looking at raising funds to rebuild the state. In an interaction with Gireesh Babu and T E Narasimhan, Kerala Finance Minister T M Thomas Isaac says he has a three-pronged strategy to raise funds. Edited Excerpts.
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His statement assumes significance in the wake of a row over the Centre's refusal to accept the United Arab Emirates' reported offer of Rs 700 crore to the flood-hit state.
Monsoon normally hits Kerala on June 1 but this year, Met department had predicted that it will hit the state on June 5.
Claiming that that the law is a rejection of secularism, the Kerala CM said his govt will question its validity on all platforms.
The steep fall of the Rupee is not just making things scary for the Indian economy and economists.
'There is good indication that the economy is bouncing back, but the problem is, we should look at the eight quarters preceding March 2020.' 'The growth had fallen below 3.1% before March 2020.' 'So, the governments must realise that even if you transform the best of green shoots into banyan trees, you see only 3.1% growth.'
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
'You will see more and more people working independently -- starting beauty parlours, driving cars, etc.' This is what we call the gig economy.' 'The same people who have been laid off in India or are unable to get visas to work in the US may be part of this gig economy.' 'India needs billions of jobs, and it can only be created by self-employment or the gig economy.'
Prime Minister Atal Bihari Vajpayee highlighted the dichotomy in Kerala, saying that despite the state having strong links with the global community, it tends to ignore changes economy.
Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.
In a video conference with the chief ministers, fourth such interaction since March 22 when he first spoke to them about the pandemic, Modi stressed on the need for the states to strictly enforce lockdown guidelines in the coronavirus hotspots zones, and strongly pitched for the mantra of 'do gaz doori' (a distance of two yards) to protect people from the infection, according to a government statement.
'Does anyone understand India?' 'Does anyone have a larger perspective for India as a whole?' 'Today we have rulers who do not understand the ruled.'
Southwest monsoon, critical for the farm-based economy of the country, is expected to reach Kerala on May 30, two days before its normal onset date in the coastal state.
Cheteshwar Pujara made 49 and 43 in his two innings as Saurashtra lost to Haryana by four wickets.
'What you need is a credible Opposition, a credible platform to persuade people to believe that it can replace this government.'
Prime Minister Manmohan Singh on Wednesday said the Centre would assist Kerala in its plans for developing airport connectivity and improving the agriculture and plantation economy of the state.
'Its people are either victims of corruption or witnesses to it.'
Pointing to the 'dangers' in the opening up of retail sector to multi-nationals and big Indian companies, traders in Kerala are gearing up to launch an agitation, if necessary an 'armed struggle,' to prevent their entry.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
Billionaire Gautam Adani's group was on Thursday hit by fresh allegations of associates of the promoter family using Mauritius-based 'opaque' investment funds to secretly invest hundreds of millions of dollars to fuel the spectacular rise in group stocks during 2013 to 2018, a charge the conglomerate denied vehemently.
There will be a lot to repair and rejuvenate -- if that opportunity even presents itself, warns Rathin Roy.
UAE's international airline, Emirates on Monday announced an increase in its services to Kerala from February next with daily flights to Cochin and eight flights a week to Thiruvananthapuram.
Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.
Prime Minister Narendra Modi asserted that the BJP has emerged as the "third force" in Kerala that will replace the two fronts in the next year's assembly elections.
Comparing a state like Kerala with a nation like Somalia shows disconnect unbecoming of a prime minister, says Uttaresh Venkateshwaran.
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
He also said that the prime minister had failed to live up to his promise to create two crore jobs every year.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.
A parliamentary panel on Friday recommended for fixing of an upper limit for the economy class airfares to curb the "exorbitant" air fares during the peak tourist seasons.
"The Congress have gone and made promises in Punjab, Rajasthan and Chhattisgarh that they never fulfilled," Rajeev Chandrasekhar claimed.
The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.
The money sent home by Indians from West Asian countries took a beating in 2020-21 due to the pandemic. On the other hand, overseas Indians in advanced nations - the United States, United Kingdom and Singapore - emerged as important sources of remittance, according to a Reserve Bank of India (RBI) survey. Indians working in informal sectors in West Asia seem to have been impacted the most due to the lockdowns and subdued crude oil prices as well as slower pace of migration in recent years.
In the ancient world there is a great deal of give and take and reciprocal learning. India was an integral and important constituent of such interchanges of goods and ideas.
The Kerala phenomenon -- of little work, high growth -- is best explained by the capabilities approach to growth. The rest of India has always tended to ogle at Kerala and the mallus.
With rising Covid-19 cases in Maharashtra and Kerala, Karnataka Chief Minister Basavaraj Bommai on Tuesday said check-posts will be set up in places where there are village-to-village contacts between Karnataka and neighbouring states.
'Over a decade of modernisation has been eaten by the locusts because a bunch of politicians thought obstruction was a short-cut to the headlines.'
Leaders of several opposition parties were stopped by the police at Vijay Chowk in New Delhi as they took out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue.
