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Prof. Jean Dreze, noted economist and former member of the National Advisory Council, interviewed by Mayank Mishra

-Business Standard Reduction in leakages in the Public Distribution System (PDS) is driven by marked improvement in states such as Chhattisgarh, Odisha and Bihar, noted economist and former member of the National Advisory Council Jean Dreze has said in a recent report. In an email interview to Mayank Mishra, he said the National Food Security Act should bring the bulk of the population under a single category with clear entitlements. Edited...

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Urban terror: Air pollution reduces life span by 3.2 years in India -Chetan Chauhan

-The Hindustan Times New Delhi: A new study says that high particulate matter (PM) pollution reduces life expectancy by 3.2 years for 660 million Indians in polluted urban conglomerates, including Delhi, which means a loss of 2.1 billion life years. "The loss of more than two billion life years is a substantial price to pay for air pollution," says the study done by researchers at Chicago University, Yale University and Harvard University."This...

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Minimum support price cannot be 50% more than cost of produce, Centre to SC -Dhananjay Mahapatra

-The Times of India NEW DELHI: Farmers' plight has worsened due to the non-remunerative nature of agriculture but the Centre on Friday told the Supreme Court that it would not be able to enhance the minimum support price (MSP) for agricultural produce to be 50% more than the input cost. A PIL filed by Consortium of Indian Farmers Association had complained that agriculture had become non-remunerative and was driving farmers to borrow...

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Govt may slice subsidy bill by $8 bn in Budget 2015-16

-Reuters   Subsidy cuts may still fail to impress investors: Experts New Delhi: India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget. Most of the 20 per cent cut in the budget for subsidies results from lower...

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Drought in Marathwada: Ground water levels dipping every year, focus shifts to conservation -Kavitha Iyer

-The Indian Express Mumbai: Of the 76 talukas that comprise Marathwada, 61 show a drop in ground water levels compared to the previous year's post-monsoon data. But with monsoon 2015 having provided just over 53 per cent of the already poor average rainfall of 779 mm in the region, the dip in ground water levels is hardly surprising. The more alarming news, say officials, is the continuing dip in water tables in...

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