-The Hindu  India’s first aquifer atlas points to a sharp decline in groundwater levels in several parts of Delhi, West Uttar Pradesh, Haryana and Rajasthan. The atlas, compiled by the Central Ground Water Board (CGWB) under the Union Ministry of Water Resources, says within the national capital, South-West Delhi is worst affected by depleting groundwater levels. “One of the critical challenges during the 12th Five-Year Plan is to evolve strategies to manage ground...

-The Hindu Internet’s contribution to GDP will grow from $30 billion to $100 billion by 2015 The Internet has established its role as a powerful economic force multiplier with a new study projecting that its contribution to India’s GDP will explode to $100 billion (Rs. 5 lakh crore) by 2015 from $30 billion (Rs.1.5 lakh crore) at present. The study on the “Impact of Internet on the Indian Economy” by McKinsey, which is...

-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...

-The Hindu Centre not on same page as Kelkar, but puts the report in public domain for “informed debate” The Manmohan Singh government on Friday put the Kelkar Committee report in the public domain for an “informed debate” as the measures prescribed for return to a path of fiscal consolidation appears to have failed to take into account the political and social ramifications. In an indication that the Government is not on the...

-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...