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President Patil's foreign trips cost record Rs 205 cr

-Rediff.com President Pratibha Patil's wanderlust has cost the public exchequer a whopping Rs 205 crore on her foreign visits, surpassing the record of all her predecessors. Since assuming office as the country's first woman President in July 2007, Patil has undertaken 12 foreign trips covering 22 countries across four continents. She has four more months to go for her five-year tenure and a trip to South Africa is said to be on...

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Pratibha's foreign trips cost nation a record Rs. 205 crore

-PTI President Pratibha Patil's foreign visits have cost the public exchequer Rs. 205 crore, surpassing the record of all her predecessors. Since assuming office as the country's first woman President in July 2007, Ms. Patil has undertaken 12 trips covering 22 countries across four continents. She has four more months to go in her five-year tenure and a trip to South Africa is said to be on the anvil. A series of RTI...

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To fix BPL, nix CPL-P Sainath

To get the Below Poverty Line figures in perspective, we need to closely monitor the numbers driving the Corporate Plunder Line. One Tendulkar makes the big scores. The other wrecks the averages. The Planning Commission clearly prefers Suresh to Sachin. Using Professor Tendulkar's methodology, it declares that there's been another massive fall in poverty. Yes, another (“more dramatic in the rural areas”). “Record Fall in Poverty” reads one headline. The record...

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About 70% of India is poor: Top adviser

-IANS Debunking the government's claim that the number of poor  in India has come down, a top adviser has claimed that around 70 % of the country's 1.2 billion population is poor, and stressed the need for a multi-dimensional assessment of poverty.  "The government claim that poverty has come down is not valid... there is a need for a multi-dimensional assessment of poverty as around 70% of the population is poor," National Advisory...

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Cut in NREGA allocation may hit FMCG firms-Meghna Maiti

The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...

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