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States assured support under job plan scheme

-The Hindustan Times With delayed and scanty monsoon posing a threat to the agriculture output in the country, the Centre has reached out to states to lend a support to their contingency employment generation plans. Rural development minister Jairam Ramesh has written to all chief ministers assuring them that his ministry is “open to a revision in current year’s labour budget” to meet any increased demand in employment (under MGNREGA) in...

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Is the rural theme losing its charm?-Krishna Merchant

-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...

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US court frees Union Carbide, Anderson from Bhopal taint

-The Hindustan Times A US court has ruled that neither Union Carbide Corporation (UCC) nor its former chairman Warren Anderson were liable for environmental remediation (reversing or stopping environmental damage) or pollution-related claims by those living around its now-defunct plant in Bhopal, where a gas leak in 1984 killed thousands of people. US district judge John Keenan in Manhattan on Tuesday dismissed a lawsuit by Bhopal residents seeking to hold UCC, which...

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Worst floods in Assam since 1998, toll mounts to 22

-The Hindustan Times The flood situation in Assam worsened on Thursday with new areas coming under water and the toll reaching 22. Altogether, 21 districts have been affected following the week-long incessant rains. The river has breached embankment at five places, affecting 1,744 villages across nine districts and 70,000 hectares of crop land. The situation in Kamrup, Nalbari and Bongaigaon in lower Assam worsened on Thursday, after the tributaries of Brahmaputra breached their...

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Petrol cheaper by Rs. 2.46, price may be slashed further

-The Hindustan Times Following a steep fall in global crude oil prices, the oil marketing companies have slashed petrol prices by Rs. 2.46 to Rs. 3.22 a litre — the second reduction this month — from Thursday midnight. Now, petrol in Delhi will cost Rs. 67.78 a litre — down by Rs. 2.46 — from Rs. 70.24 a litre. In Mumbai, the price will come down by Rs. 3.10 to Rs. 73.35...

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