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Govt to switch to cash transfers to deal with an unwieldy subsidy bill -Siddharth & Surojit Gupta

-The Times of India The government is set to step up its push for cash transfer of subsidies and adopt it as a policy doctrine in the run-up to elections, with two pilot projects validating the assumption that it would lead to significant savings for the government while enhancing benefits for users. A pilot project for cooking gas in Mysore run by state-run oil companies saw the number of connections dropping 40%...

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Robert Vadra's land deals exposed, paid Haryana farmers less than circle rate

-CNN-IBN Just a day after Haryana government denied favouring Congress president Sonia Gandhi’s son-in-law Robert Vadra and DLF, CNN-IBN has accessed documents showing how Vadra bought acres of land in the Mewat region of Haryana below the circle rate. The documents suggest Vadra has been on a property buying spree in Haryana and had picked up acres of land directly from farmers in 2008 and 2009. Vadra's firm Real Earth Estates Ltd...

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Nearly 870 million people chronically undernourished, says new UN hunger report

-The United Nations Almost 870 million people, or one in eight, are suffering from chronic malnutrition, according to a new United Nations report released today, which shows a sharp decline in the number of undernourished people over the past two decades, but warns that immediate action is still needed to tackle hunger particularly in developing countries. The State of Food Insecurity in the World 2012 (SOFI), which was jointly published by the Food and...

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US retail giant Walmart to source locally in India-Dipti Jain

-The Times of India GURGAON: US retail giant Walmart is planning a series of partnerships with small and mid-level suppliers in India across product categories to create a big list of private label brands that will be priced substantially lower - as much as 10-15% - than established products and brands. The move is part of the company's strategy to go deeper into the Indian market and create cost-effective and efficient...

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Shift rice production from Punjab to eastern states: Experts-Sutanuka Ghosal & Rituraj Tiwari

-The Economic Times With reports of groundwater level going down in Punjab and Haryana, considered the rice bowl of India, scientists and analysts suggest its cultivation be shifted to eastern states which have better water resources. They say Punjab and Haryana should focus on basmati rice, which is largely exported, and the eastern states should produce non-basmati varieties for meeting the domestic demand. Talking to ET, Dr Swapan Kumar Dutta, deputy director general...

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