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Nitish in Delhi with Rs 12000-cr demand

-The Telegraph New Delhi/Patna: Chief minister Nitish Kumar today landed in the national capital with a demand of a relief package of Rs 12,000 crore from the Centre. A day after declaring 33 of Bihar's 38 districts as drought-hit, Nitish, who met finance minister P. Chidambaram and agriculture minister Sharad Pawar, said the state's agrarian economy was totally paralysed because of the acute rainfall deficiency during the kharif season. Nitish requested Chidambaram to...

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Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports

-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...

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Oil subsidy expected to balloon-Shine Jacob

-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...

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Fuel for food-Keya Acharya

-The Hindu Switching to renewable energy sources in the country's midday meal programme will save millions of rupees. But only a few kitchens are doing anything about it, says the author. This is a story of facts and figures and sheer size. Of an auditorium-sized room dense with hot steam from cooking. Of seven tonnes of cooked rice and four tanker-loads of steaming sambar that needed 70 pairs of hands for cutting...

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Coconut growers are a dejected lot-MT Shiva Kumar

-The Hindu Caterpillar infestation and continuous drought have hit yield Ramanagaram: The precarious groundwater situation and the black-headed caterpillar infestation have hit coconut growers in Ramanagaram district. Coconut is grown on nearly 12,000 hectares in the district, with growers here supplying at least four crore tender coconuts annually to various parts of the country. This year, however, they have been forced to axe thousands of dying trees over the past two months. Along...

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