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India uses up more groundwater than US and China -Subodh Varma

-The Times of India Right on the edge of the Ganga basin that spans 11 Indian states lies Naujhil block, a few kilometres west of the Yamuna in UP's Mathura district. You would think this is a blessed location with plentiful water all round. With its 17 tributaries, including the Yamuna, Ganga's catchment area has about 525 billion cubic metres (bcm) of surface water and about 171 bcm of groundwater. On average,...

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Rs 20,000 in bank accounts to be rural poverty barometer -Subodh Ghildiyal

-The Times of India NEW DELHI: A gram panchayat's success in reducing poverty will be judged by the number of households with over Rs 20,000 in savings bank accounts or percentage of families with Aadhaar-linked bank accounts. Or, by the percentage of its households which have availed over Rs 20,000 as bank credit. Interestingly, higher the number of households with bank loans for "diversified livelihood", the better the village would be assessed...

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Insurance premiums set to go up under GST regime -Mayur Shetty

-The Times of India MUMBAI: For the middle class, an immediate impact of GST would be the higher premium outgo due to the increase in rate of tax on insurance following implementation of the Goods and Services Tax. For families that own a car and pay for health and term insurance the increase in annual outgo would be close to Rs 1,000. "The immediate impact will be an increase in the tax...

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Court convicts 1st secretary-level bureaucrat in Coalgate case

-The Times of India NEW DELHI: A special CBI court on Friday convicted former coal secretary H C Gupta and others in a case pertaining to the allocation of a coal block to Kamal Sponge Steel and Power Limited (KSSPL). Gupta is the first secretary-rank officer to be convicted in a case pertaining to coal block allocation. Special CBI judge Bharat Parashar also convicted the coal ministry's former joint secretary K S Kropha...

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Economy growing at 7%, jobs at 1% -Subodh Varma

-The Times of India While the economy is growing at just over 7% per year, jobs increased by just 1.1% last year, according to a recently-released report covering eight key sectors of the non-farm economy. An earlier report had pegged joblessness at a fiveyear high of 5% in 2015, and under-employment at a staggering 35% of the over-15 years labour force. Seen in this context, the government is facing a growing employment...

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