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Cracking the rural consumption puzzle -Aarati Krishnan

-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...

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Icrier Study: Agri research & education funding heavily skewed

-Financial Express Among the six States studied by Icrier, Gujarat spends the most on agriculture R&E (0.59%), followed by Bihar (0.50%), Punjab (0.41%), Odisha (0.25%), Uttar Pradesh (0.17%) and Madhya Pradesh (0.24%). The government’s expenditure on agricultural research and extension education services is not only very low but also heavily skewed in favour of crops, even as the dairy sector has a rapidly increasing share in the gross value of output...

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Several people killed as storm, rain hit UP, Andhra Pradesh, West Bengal and Delhi-NCR

-The Times of India NEW DELHI: More than 40 people were killed on Sunday across the country as rain, thunderstorms hit various States throwing life out of gear and leaving behind a trail of destruction. Deaths were reported from Uttar Pradesh, Andhra Pradesh, West Bengal and Delhi-NCR. 18 people killed as thunderstorm hits Uttar Pradesh At least 18 people were killed and 28 injured in hail and thunderstorm that hit different parts of...

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This east Delhi colony is now powered by Sun

-The Times of India NEW DELHI: After Dwarka, a cooperative housing society in east Delhi has now gone solar. Chief minister Arvind Kejriwal inaugurated a 140 kWp solar PV plant at Milan Vihar cooperative society in IP Extension on Sunday. According to officials, the plant will generate 1.7 lakh units in a year and the society will earn Rs 3.4 lakh per year as generation-based incentive. Sources said many other housing societies...

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An open letter to Finance Ministers -TM Thomas Isaac

-The Hindu Political alignments should not come in the way of defending the fiscal rights of States My fellow Finance Ministers in the States, I hope you will agree that the award of the Finance Commission is vital to State finances. Some of us who met initially at Thiruvananthapuram, Kerala, and later at Amaravati, Andhra Pradesh, are worried about the implications of the terms of reference (ToR) of the Finance Commission...

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