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Food security, Plan Z -Jean Drèze

-The Hindustan Times Under the cover of endorsing a proposal for the National Food Security Bill framed by an independent group of development economists, the government is all set to empty the Bill of any substance. Provisions relating to the Public Distribution System (PDS) will be reduced to a pointless reshuffling of existing foodgrain allocations to state governments, that too in favour of the richer states. And other entitlements, relating for...

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Cash transfers to cushion subsidy cut impact: IISD Study

-The Economic Times The economic and social impact of reduction in petroleum subsidies in India will be much lower than perceived if a cash transfer system for directly subsidising vulnerable consumers is successfully implemented, studies commissioned by the Geneva-based International Institute for Sustainable Development have said. The government must, however, dismantle subsidies in a calibrated manner as vulnerable consumers will be able to adjust better if the under-recoveries are gradually eliminated, cautioned...

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34% increase in deposits at rural banks-Jaideep Deogharia

-The Times of India RANCHI: If deposits in banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA wages with bank accounts and...

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Concerns raised against Land Acquisition bill

-Pratirodh Bureau Activists led by Narmada Bachao Andolan leader Medha Patkar have alleged that the much awaited Land Acquisition Bill was actually a "diluted version" of the Standing Committee's recommended bill.   The activists under belonging to various groups, including National Alliance of People’s Movements, National Forum of Forest people and Forest Workers, Kisan Sangharsh Samiti and Sangharsh claimed that the "positive" position taken by the Standing Committee had been diluted by the...

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India’s lake district fast drying up-Atul Sethi

-The Times of India Neeraj Banerjee and his family are regular visitors to Nainital. This June, too, the Delhi-based computer engineer made a trip to what he calls his family's favourite tourist spot, nestling in the Kumaon hills at almost 2,000m above sea level. However, Banerjee says all they talked about this time was water — the paucity of it. "With summers being particularly harsh this year, things looked like they...

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