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Land acquisition bill conditions eased, made more industry-friendly-Urmi Goswami

-The Economic Times The government has made key changes to the proposed legislation for land acquisition, making it more attractive for industry by easing some of the stringent conditions, a person privy to the draft told ET. The rural development ministry has proposed to not implement the legislation with retrospective effect, besides relaxing the requirements of consent from landowners, and tightening the definition of market value. The amended Bill has been rechristened 'The...

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Inflation, poor monsoon hit consumption in eastern India-Shine Jacob & Nirmalya Behera

-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...

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Delayed monsoon powers sales of inverters, batteries-Sarita C Singh

-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India.  Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....

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'Mumbai has maximum number of malnourished kids'-Dilnaz Boga

-DNA Mumbai has more undernourished children under the age of five than the whole of urban Maharashtra. Experts say malnutrition is prevalent amongthe slum dwellers, migrant labours and the city’s minority communities. A recent report on malnutrition, titled ‘India’s nutrition crisis: A challenge of putting nutrition back in our food’ by Narotam Sekhasaria Foundation, an NGO, reveals that more than half of the country’s upcoming generation— children under four years of age...

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An unproductive idea-Milind Murugkar

-The Hindustan Times Recently, at a rally of gram panchayat chiefs, agriculture minister Sharad Pawar told the audience, “Improving the well-being of farmers is difficult unless agriculture sheds some of its population. At least one member from the farmer’s family should seek livelihood opportunities outside agriculture.” He has often made this appeal to farmers in Maharashtra, pointing out how rich industrial countries have a small proportion of their labour force in...

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