-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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35 lakh e-ticket rail bookings failed in June-Manthan K Mehta
-The Times of India That Indian Railway Catering and Tourism Corporation (IRCTC)'s e-ticketing facility has not kept pace with the rise in demand is evident from the large number of failed transactions. Approximately 35 lakh transactions in June 2012 and almost 37 lakh attempts in May 2012 could not materialize due to the huge rush to book railway tickets online. To top it, there are several cases where a ticket is...
More »India confirms drought as El Nino looms
-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...
More »KV Thomas, Union minister for consumer affairs, food and public distribution interviewed by Nitin Sethi
Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...
More »India: food, marketing and children's health-Oliver Balch
-The Guardian Higher disposable incomes, changing consumption patterns and the marketing might of powerful western brands are bringing fast food to India's children The camera pans in. The grins of smiling school children fill the frame. An enthusiastic teacher, played by a famous Bollywood actress, sits in the centre. The scene is a "remote picturesque setting". And all are munching happily on Domino's Pizza. The advert is typical of the marketing bombardment...
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