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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...

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Freebies affect ‘free and fair’ polls: SC

-The Telegraph New Delhi: Any promise of freebies such as television sets or laptops by political parties affects the level playing field and "shakes the root of free and fair elections", the Supreme Court has held. The court, however, clarified that such promises cannot be labelled "corrupt practice" under the existing laws and dismissed a petition challenging the competitive distribution of freebies by the AIADMK and the DMK during elections in Tamil...

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Can we afford to damn dams?-Mayank Mishra

-The Business Standard Dehradun: The immediate aftermath of a disaster almost always brings out angry responses. The tragic incident in Uttarakhand is no exception. Many experts, who belong to the "I told you so" camp, have come out with their own causal analysis of the tragedy. While town planners are blaming the rapid expansion of construction activities, naturalists are of the view that the disaster is nature's way of restoring balance...

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Green cover equal to 23% of Delhi lost in 13 years -Dipak Kumar Dash

-The Times of India NEW DELHI: Green cover and water bodies almost equal to a quarter (23%) of Delhi's area have been lost to development works and rabid urbanization in the National Capital Region in just the past 13 years. The first comparative satellite-based study of change in land use in NCR has shown that between 1999 and 2012, the region lost 32,769 hectares of green areas and 1,464 hectares of water...

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'Ban has helped curb illegal sand extraction'

-The Hindu Deputy Commissioner asks officials to redouble efforts against illegal activities Gulbarga: Deputy Commissioner N.S. Prasanna Kumar on Wednesday reaffirmed that there would not be any let-up in the crackdown against illegal extraction and hoarding of sand and the district officials have been asked to redouble their efforts to put down such illegal activities. Talking to presspersons here, Mr. Prasanna Kumar said that 350 truckloads of sand illegally hoarded in open spaces...

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