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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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States Asked to Lift PDS Foodgrains Needed For 6 Months

-PTI Faced with acute shortage of storage capacity, the Centre today asked states to lift PDS foodgrains needed for at least six months and build intermediate godowns to ease pressure on Food Corporation of India godowns. "We have requested state governments to offtake at least six months of foodgrains needed for PDS. Our storage capacity of FCI is 64 million tonnes and our present stock is about 82-83 million tonnes," Minister of...

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How the Land Acquisition Bill will impact farmers-KP Narayana Kumar

-CNN-IBN Passing through Bulandshahar, a rapidly urbanising district in Uttar Pradesh known for its rustic politics and dairying, this reporter chanced upon a group of farmers sitting in protest outside a newly constructed apartment. The farmers occupied a tent that was erected outside the apartment complex. Their complaint was that they were being coerced to sell land for cheap by private players. "We will get only a measly Rs 20 lakh per...

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CSR may become mandatory if Companies Bill is passed with house panel suggestions

-The Economic Times Decks have been cleared for reintroduction of the Companies Bill, 2011, in the monsoon session. If the bill is passed after endorsing all the suggestions made by the Parliamentary Standing Committee on Finance, corporate social responsibility (CSR) would, for the first time in the world, become mandatory.  The report recommends that companies with net worth above Rs 500 crore, or an annual turnover of over Rs 1,000 crore, earmark...

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UPA defers Pension Bill after Mamata's veto

-The Times of India It was meant to showcase the government's new-found resolve to push the reforms agenda in order to stanch the declining growth rate and to repulse the perception of governance freeze. Instead, it ended up publicizing yet again the government's vulnerability as well as its reluctance to speed up decision making at the cost of angering allies on the eve of presidential poll.  The UPA on Thursday withdrew its...

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