The Lok Sabha witnessed an uproar on Wednesday after BJP MP Tejasvi Surya blamed the Wayanad landslides on the Congress and Left governments that have been in power in Kerala, attributing the tragedy to “unbridled commercial activity” in the eco-sensitive areas of the Western Ghats. “The landslides in Wayanad have taken the lives of 160 innocent people. Over the last five years, more than 350 people have died in landslides and other disasters in Kerala. Unbridled, unregulated commercial activity including quarrying and mining in the eco-sensitive areas of Western Ghats…
Tag: governments
CBO: The government’s (almost) free money is over, at least for now
[ad_1] The federal government may once again have an opportunity to learn a painful lesson about rising debt prices and rising interest rates in an uncertain economy. Congressional Budget Office, In the recently released budget and economic scenario, forecasts an increase in federal borrowing costs over the next decade. The CBO estimates that net interest as a share of gross domestic product (GDP) will nearly double over the next decade – from 1.6 percent to the decidedly inconvenient 3.3 percent. This is a significant increase from last year forecast of…