-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...

-PSainath.org The revenues foregone in 2013-14 could fund the rural jobs scheme for three decades or the PDS for four and a half years.  It was business as usual in 2013-14. Business with a capital B. This year's budget document says we gave away another Rs. 5.32 lakh crores to the corporate needy and the under-nourished rich in that year. Well, it says Rs. 5.72 lakh crores but I'm...

-The Huffington Post   The number of child laborers worldwide is finally on the decline, but there are still 168 million too many kids being forced to work around the world. According to the International Labor Organization (ILO), the total number of child laborers fell from 215 million to 168 million between 2008 and 2012. On World Day Against Child Labor, which is being observed on Thursday, activists are calling on world leaders...

-The Financial Express   With newer varieties and improvement in yield, packaging and marketing, basmati-long hailed as the ‘king of rice'-is spreading its sweet aroma worldwide WALK INTO any supermarket today and the most eye-catching items will be in the section selling packaged rice. Rice, that humble, century-old staple of the Indian diet, has emerged from its traditional image-grains in an open gunny bag-to a slick new avatar. Today, rice, and basmati in...

-The Business Standard   Say waiver will vitiate the loan recovery environment Bankers have requested the Union finance ministry to convince the Andhra Pradesh government to drop its proposed farm loan waiver scheme, at a time when a rise in loans turning bad is eroding the profitability of lenders, especially state-run ones. Telugu Desam Party chief Chandrababu Naidu, who is to take the oath of office as chief minister of Andhra Pradesh on Monday,...