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How we turned natural floods into monsoon mayhem by squeezing our rivers -Darpan Singh

-IndiaToday.in From Assam to Odisha and in many other states, floods were a natural phenomenon. But we turned them into monsoon mayhem by squeezing our rivers. Here is why we must rethink our response to this annual crisis. Every monsoon, lakhs of people in Indian states such as Bihar, Assam, Odisha, Uttar Pradesh and West Bengal are affected by floods when rivers swell and spread their waters amid pounding rain. Hundreds of men,...

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Urad prices rise, govt may ask traders to declare stock -Prabhudatta Mishra

-The Hindu Business Line Rate hike due to lower acreage, fear of crop damage Urad dal prices in the retail market have increased on an average by Rs.3-5/kg in the past one week while at some places the surge is Rs.13/kg to about Rs.110-120/kg, mainly due to overall lower acreage and fear of crop damage after incessant rains in the growing region of Madhya Pradesh. Kendriya Bhandar, a Central government-run cooperative, has...

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After wheat, retail price of rice rises 6.31% on supply concerns: Govt data

-PTI/ Business Standard The All India average retail price of wheat has risen by over 22 per cent to Rs 31.04 per kg as of August 22 compared to Rs 25.41 per kg in the year-ago period, Consumer Affairs Ministry's data showed After wheat, rice prices are firming up on reports of supply concerns with the all India average retail price of the grain ruling higher by 6.31 per cent at Rs...

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As Freebie Debate Rages, What Defines 'Revdi'? Nobody Really Knows. -Kaushal Shroff

-TheWire.in There are no watertight categorisations that clearly demarcate where a subsidy ends and a so-called freebie begins. Amaravati: A maelstrom has been brewing in the political landscape over the precise markers of a subsidy and a freebie. Prime Minister Narendra Modi delivered the first blow last month when he pointed out that other political parties were propagating a “revdi culture” which was dangerous to the youth as well as to the...

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No proposal to charge UPI payments, says FinMin -Shayan Ghosh

-Livemint.com The Centre put to rest speculation following a recent RBI discussion paper on digital payment charges MUMBAI: The finance ministry on Sunday said the government is not planning to charge for payments through the unified payments interface (UPI) channel, putting to rest speculation following a recent Reserve Bank of India (RBI) discussion paper on digital payment charges. “UPI is a digital public good with immense convenience for the public and productivity gains...

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