-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...
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LED bulb safety alert -GS Mudur
-The Telegraph New Delhi: More than half the light emitting diode (LED) bulb brands sold in India breach the safety standards prescribed by the government's Bureau of Indian Standards, a lighting industry association said on Monday, citing a survey by a market research firm. The Nielsen survey has found that 36 to 73 per cent of LED bulb brands sold across 200 retail outlets in four cities failed to comply with the...
More »Economy outlook still cloudy -Ajit Ranade
-The Hindu An immediate stimulus is needed to regain the momentum to get India back to 8% growth The government’s move this past week to publish economic data for the April to June quarter of this year needs a look. The real growth of GDP, i.e. after removing the impact of inflation, was only 5.7%, much lower than expected. For the past six consecutive quarters, the growth rate has gone down steadily,...
More »India uses up more groundwater than US and China -Subodh Varma
-The Times of India Right on the edge of the Ganga basin that spans 11 Indian states lies Naujhil block, a few kilometres west of the Yamuna in UP's Mathura district. You would think this is a blessed location with plentiful water all round. With its 17 tributaries, including the Yamuna, Ganga's catchment area has about 525 billion cubic metres (bcm) of surface water and about 171 bcm of groundwater. On average,...
More »Delhi's power subsidy policy helps rich more than poor: Study -Sanjay Dutta
-The Times of India NEW DELHI: The Delhi government's policy to subsidise power for households is undoubtedly among the most generous in the country but it is benefiting the rich more than the poor due to inefficiencies. While poor households on an average get subsidy of around Rs 1,000 per year as they consume less electricity, rich households end up benefiting by Rs 9,000 on account of fatter power bills, a Brookings...
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