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Tankers and the economy of thirst-P Sainath

-The Hindu   The water markets of Marathwada are booming. In the town of Jalna alone, tanker owners transact between Rs.6 million and Rs.7.5 million in water sales each day Thirst is Marathwada's greatest crop this season. Forget sugarcane. Thirst, human and industrial, eclipses anything else. Those harvesting it reap tens of millions of rupees each day across the region. The van loads of dried-out cane you see on the roads could end...

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Soon, all food outlets across the country to get hygiene rating -Dipti Jain

-The Times of India At his dhaba in south Delhi's Kidwai Nagar, Irfan has his cooks wash their hands before preparing dishes. Sweets are kept covered , he claims. As with most small eateries, Irfan's dhaba is not registered. Soon, outlets such as Irfan's may have to start complying with more stringent standards, with the Food Safety and Standards Authority of India (FSSAI) working on new norms on hygiene and cleanliness...

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UPA exports wheat at Rs 1,700 crore loss to exchequer -Pradeep Thakur

-The Times of India At a time when the government is facing trouble maintaining its fiscal health and is set to add over Rs 1.25 lakh crore to its subsidy bill for providing food security to its poor, the UPA has burdened the exchequer further by exporting wheat at lower than its cost price - incurring an estimated loss of over Rs 1,700 crore. Sources in the finance ministry said the loss...

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FM P Chidambaram warns rich promoters on loan defaults

-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...

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Indian families spending less on health, education -Dipti Jain

-The Times of India  Indian households are allocating less of their spending to education and healthcare and more to travel and eating out than they did in the past, the latest GDP data reveals. Expenses towards education and medical care have, in fact, been declining since 2008-09, according to the data, along with a decline in spending on food. Expenditure towards medical care and health services has declined from 3.9% of the...

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