-Outlook The flood situation in Assam today worsened with the Brahmaputra and its tributaries continuing to rise leaving nine persons dead and rendering 10 lakh people homeless in 16 districts. Three children drowned in a boat MIShap at Makum near Sadiya in Tinsukia district last night, while the NDRF rescued 42 others, official sources said. Two others died in Dibrugarh and Tinsukia districts and one each in Sibsagar and Nalbari yesterday, the sources...
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After foreign investors, government balm for aam aadmi -Rajeev Deshpande
-The Times of India An SMS alert that tells the position of stocks in ration shops. A front-to-back computerization tracking food grain movement from procurement to rations shops. And a swipe card to allow BPL users to access subsidized food grain. A two-stage Rs 4,200 crore recast of India's notoriously leaky public distribution system (PDS) is likely to considered by the Cabinet on Monday along with a Rs 1.25 lakh crore expansion...
More »FDI in Retail Not a Threat to Kirana Shops: Montek
-Outlook Allying fears that opening up of the retail sector for FDI will hurt small kirana shops, Plan Panel Deputy Chairman Montek Singh Ahluwalia today said modern retail is an expanding segment and it would more than double in a very short time. "I don't think FDI in retail is threat to small retailers. Modern retail is the expanding segment. Those who say that the small sector would be hurt, I think...
More »Flash Floods, Landslides in Sikkim Kill 21
-Outlook At least twenty one bodies, including those of the Indo-Tibetan Border Police (ITBP) and the Border Roads Organisation (BRO) personnel, have so far been found while eight persons are still MISsing due to flash flood and landslides in remote areas of North Sikkim, official sources said today. The dead include four from the ITBP, two of their family members, and 12 junior officers from the BRO. Other victims were casual labourers,...
More »A risky strategy, born of panic -Siddharth Varadarajan
-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...
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