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Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

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Petrol price hike unwarranted: AIDWA

-The Hindu   The All-India Democratic Women's Association (AIDWA) has condemned the latest increase in the price of petrol by Rs.5 a litre. “The increase is unwarranted, particularly because international prices of oil had shown a declining trend in recent weeks. This is indeed a post-election gift to people from the UPA government,” a statement issued by AIDWA said on Monday. “For the common people, who were reeling under relentless price rise for...

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Planning Commission asked to revise BPL norms

-The Hindu   Court wants Centre to “distribute foodgrains on an individual basis” The Supreme Court on Saturday asked the Planning Commission to revise the per capita norms to determine below poverty line looking to the price index of May 2011 or any other subsequent dates. A Bench of Justices Dalveer Bhandari and Deepak Verma, at a special sitting to hear the case relating to streamlining of the public distribution system, pointed out...

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Release 5 million tonnes of foodgrains: Supreme Court by J Venkatesan

To prevent starvation deaths and malnutrition To ensure that no starvation death takes place and people are saved from malnutrition as far as possible, the Supreme Court on Saturday directed the Centre to release five million tonnes of foodgrains immediately for distribution in 150 most poverty-stricken districts or other poorer segments in the country. Though it was a holiday for the court, a Bench of Justices Dalveer Bhandari and Deepak Verma held...

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Food rights bill holds key to India farm exports plan

-The Economic Times   India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation,...

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