Loss to the exchequer due to the grant of 122 licences to new entrants in 2008 was Rs.1.24-lakh crore Government lost Rs.36,000-crore in grant of dual-technology licences The government must get exact loss calculated instead of washing its hands of it The draft report of the Public Accounts Committee on the 2G scam has come out with yet another figure for the loss to the exchequer, putting it at Rs.1.90-lakh crore in the...
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‘High food prices, a new threat to Asia'
Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...
More »ADB: Food prices may push millions of Asians into poverty
Poor families may find it tough to pay for medical care, children's education “Recent gains in poverty reduction made in Asia will be undermined” Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of 2011, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In...
More »Wheat a high
India is growing more wheat than it ever was. While other leading wheat producing countries like China and US are witnessing a decline in output, the country has stood as an exception with an estimated record production of 84.27 million tonnes of the staple foodgrain this year. Russia, Canada and Australia, too, are witnessing a downturn. “India is gaining internationally in the wheat production,” S S Singh, Project Director of Directorate of Wheat...
More »Hazare movement & the Delhi drama by RK Raghavan
Has the battle between good and bad been lost again? Can we remain silent at the insidious adventures of some elements trying to scare away public-spirited people? The national capital is an excessively pampered city. Mindboggling amounts of money have been poured into it for improving infrastructure. This exercise has undeniably Yielded dividends. Supreme among the additions to the average citizen's comfort is the metro built by Sridharan who, incidentally, is...
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