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Grain vanishes from Punjab godowns; may burn Rs 12,000-crore hole in bank books -Sangita Mehta & MC Govardhana Rangan

-The Economic Times MUMBAI: The splotch of red ink on bank balance sheets is set to become bigger as a new scandal in the form of disappearing food stocks in Punjab godowns threatens to burn a Rs 12,000-crore hole in their books and embarrass the Parkash Singh Badal administration. The Reserve Bank of India (RBI) has ordered all banks with exposure to the Punjab government's food borrowing programme to provide for potential...

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Depleting ground water: Dark reality under Punjab's green landscape -Jaideep Sarin

-IANS CHANDIGARH: The green fields of Punjab, which are known to produce a golden harvest year after year to cater to the country's foodgrain needs, have a dark side -- water scarcity. Large areas in the state are staring at low water availability that has the potential of damaging the state's agrarian livelihood in the coming years. "Punjab, the land of five rivers, is staring at a dark future on the water front....

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Karnataka's dropout rate dips as midday meals lure kids -Shilpa Baburaj

-The Times of India Bengaluru: Midday meals and nutritious milk seem to have done the trick. Not many students are leaving government schools in Karnataka these days due to effective retention strategies, say experts. The number of out-of-school children has come down to 90,000 in 2016 from 7,00,000 in 2001, according to Sarva Shiksha Abhiyaan (SSA) officials. The number of dropouts in 2015-16 was 12,878. Paradoxically, enrolment in government schools, which are in...

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Government slams ‘factually incorrect’ Assocham wheat report -Vishwa Mohan

-The Times of India NEW DELHI: The government on Saturday slammed the country's trade association Associated Chambers of Commerce of India (Assocham) for releasing a "factually incorrect" report estimating lower wheat production in India and said "such incorrect information is being publicized with a view to compel government to reduce import duty on wheat." The Associated Chambers of Commerce and Industry of India (Assocham) recently came out with a paper, claiming that...

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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

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