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Water shortage could cost some regions 6% of GDP: World Bank -Mayank Aggarwal

-Livemint.com World Bank report says combined effects of growing populations, rising incomes and expanding cities will see demand for water rising exponentially, while supply becomes more erratic and uncertain New Delhi: Water scarcity, exacerbated by climate change, could cost some regions up to 6% of their gross domestic product (GDP), spur migration and spark conflict, said a report released by the World Bank on Tuesday. The report, High and dry: Climate change, water...

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States to get additional funds to tackle drought -Sayantan Bera

-Livemint.com Ministries handling drinking water and sanitation, rural development, land resources, and urban development asked to take up an integrated action plan New Delhi: Streamlining measures to tackle the drought in the country, the centre directed on Monday different ministries to release additional funds to states. Cabinet secretary P.K. Sinha directed the ministries—drinking water and sanitation, rural development, land resources and urban development—to take up an integrated action plan for optimally using...

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The indirect benefits transfer -Jayati Ghosh

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

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Looks like the PDS works -Sohini Paul

-The Hindu Business Line There’s room for more awareness and organisation, but the number of people benefiting from fair price shops is growing Poor people in India depend heavily on the public distribution system. A recent survey by the National Council of Applied Economic Research found that more than 90 per cent ration card-holders in Below Poverty Line (BPL) / Priority Households (PHH) and the Antyodaya Anna Yojna category purchase foodgrain at...

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Rs. 5 In A letter: Jharkhand's Unpaid Workers Return PM Modi's Wage Hike -Alok Pandey and Haribansh Sharma

-NDTV Latehar, Jharkhand: Over a hundred letters, Rs. 5 enclosed in each of them, addressed to the Prime Minister's Office in Delhi. The senders are the villagers in Jharkhand's Latehar, who say they could do without the Rs. 5 wage hike under MNREGA. In a season of drought, the Centre's increase of wages in Jharkhand -- from Rs. 162 to 167 a day - has added insult to injury, say the villagers....

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