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Direct benefit transfer of subsidies crosses Rs.3-lakh-cr mark in 2018-19 -Surabhi

-The Hindu Business Line The 60% jump over last year is due to DBT in fertiliser where Rs.39,230 cr was transferred Mumbai: Direct benefit transfer of subsidies in cash and kind crossed the Rs.3-lakh crore mark in 2018-19 to 123.8 crore beneficiaries through over 351-crore transactions. Official data reveals that DBT in both cash and kind amounted to Rs.3,06,260 crore last fiscal, a 60 per cent jump from Rs.1,90,870.9 crore in 2017-18. A significant...

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Saurashtra woes: Policy change on check dams leads to water deficit -Shagun Kapil

-Down to Earth In the 1990s, non-profits and farmers themselves built check dams; today, the government does it, without proper research or site selection Fifty-four-year old Dineshbhai Babariya has just harvested a 20 quintal cotton crop, his second harvest in the last one year in his four bigha (1.6 acre) farm in the Jasapar village of Gujarat’s Saurashtra region. August 2018 was the last time the village in Rajkot district received around 228...

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Caste biases rife even in M&A deals in India, shows an IIM-B study -Arjun Srinivas

-Livemint.com * Company boards dominated by directors of the same caste tend to enter deals more often, shows an IIM-B study * These companies perform slightly worse in terms of returns than those who do not enter into same-caste deals New Delhi: The caste system pervades all spheres of Indian society. Caste biases still influence many aspects of the economy but the private corporate sector is generally perceived as an oasis of meritocracy...

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Expropriation in the name of conservation -Avi Singh & Peeyush Bhatia

-The Hindu It is shocking that a democratic government is seeking to strengthen the colonial-era Indian Forest Act The Indian Forest Act, 1927 was a remarkable piece of expropriation in the name of conservation. The British government carried out one of the largest land expropriations in history, where the rights to occupy and use forests were transferred from communities with customary and historical property rights to the colonial Central government. The act...

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Dry Bundelkhand wants 'ponds for votes' -Swati Mathur

-The Times of India NEW DELHI: Three summers ago, a water train dispatched by the Centre had chugged into Uttar Pradesh' Bundelkhand region, attempting to provide succour to the parched area. The train had pulled in empty, drawn water from a local reservoir and triggered a massive political row between the Centre and the state government, as a result. This year, the weatherman's predictions for Bundelkhand are bleak as usual, not ruling...

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