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Water: India’s Big Resource Challenge

The ongoing droughts and water crises in Maharashtra and Gujarat point to the multiple conflicts the beleaguered and scarce resource of water is likely to spark in the coming years. India is today the world’s largest consumer of groundwater, but it is clear that how we extract, harvest, distribute and manage our most precious resource cannot proceed along usual lines. The unsustainable over-extraction is heralding a fall in the water-table and...

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PM calls for improved delivery of DBT scheme-Ashok Dasgupta

-The Hindu   The flagship programme will now include LPG subsidy Admitting that the UPA government's ambitious flagship Direct Benefits Transfer (DBT) programme had run into unanticipated "difficulties" since its roll-out in January this year, Prime Minister Manmohan Singh on Friday exhorted the departments concerned to renew efforts for its successful implementation. Dr. Singh pointed to the "unsatisfactory nature of tracking and monitoring" systems of the scheme which had the potential of "transforming...

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Banks 'distrust’ Aadhaar for cash transfer scheme rollout -Nitin Sethi & Sidhartha

-The Economic Times In what could hobble the government's plans to give Aadhar a key role in banking and a central pin of the direct cash transfer scheme, several state-run banks have refused to bear any liability for transactions done with customers that were authenticated through the unique identity (UID) mechanism. Banks and the Reserve Bank of India (RBI) had been convinced by the finance ministry to use Aadhar to fulfill the...

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CAG rapped Bihar government for lack of plan on utilisation of funds

-PTI PATNA: CAG has ticked off Nitish Kumar government for lacking objective planning for utilisation of funds drawn on Abstract Contingency(AC) bills. The Bihar government had withdrawn Rs 16,033.01 crore on AC bills between 2009-12 of which the plan head drawals accounted for Rs 12,332.64 crore which indicated that object level planning was absent as items of expenditure were known while drawing the amount, CAG said in its report on state finances...

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World Bank chief Jim Yong Kim calls for ending extreme poverty by 2030

-Reuters WASHINGTON: World Bank President Jim Yong Kim called for a commitment by the international community on Tuesday to end extreme poverty by 2030 and to improve the lives of the most vulnerable people living in developing countries. To reach that goal, Kim said the world need to reduce the number of people living below the poverty line of $1.25 per day to 3 percent globally by 2030, and raise the per...

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