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Water purifier industry to reach Rs 7,000 cr by 2015

-PTI A whopping 70% of maladies in India are waterborne owing to poor water quality: study Water purifier market in India is likely to touch Rs 7,000 crore by 2015 from the current level of about Rs 3,200 crore, an Assocham study has said. Water purifier segment in India is growing at a compounded annual growth rate of about 25% and is largely driven by rising sales of low-cost variants triggered by...

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UN refugee agency warns of worsening global displacement over next ten years

-The United Nations The number of displaced persons worldwide will significantly grow over the next ten years due to factors such as conflict, natural disasters and climate change, according to the flagship publication of the United Nations refugee agency, launched today, which stresses that international solidarity is needed to address the issue. “The world is creating displacement faster than it is producing solutions, and this means one thing only: More people trapped...

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With slowing growth, people are now questioning the long-term Indian story

-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

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Land acquisition bill: Sharma, Ramesh pick holes

-The Hindustan Times A day after a parliamentary panel sought to end state intervention in land acquisition for industry — both private and PPP, two cabinet ministers expressed their disagreement with its main recommendation. “State governments must have a role in land acquisition process — more so at a time when industrialisation and urbanisation have become inevitable and desirable,” minister for rural development Jairam Ramesh said. “Country has not yet reached...

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Govt to continue provision for allowing land acquisition for PPP projects: Jairam Ramesh

-The Economic Times Rural development minister Jairam Ramesh has backed state intervention in acquiring land for public-private partnership (PPP) projects, going against the recommendations of the parliamentary standing committee that scrutinized the bill. "The government must have a role in land acquisition," Ramesh told a news conference. "We must recognize that we are not at a stage of development where government's role can be 'eliminated." The minister said he did not support the...

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