-The Times of India India could be staring at a drought worse than the one it experienced in 2009. Union agriculture minister Sharad Pawar informed that nearly half of the 624 districts had received deficient rains, another 15% experienced scanty or little rains and a deficit of 21% has been recorded across the country so far- worse than the cumulative deficiency recorded in the corresponding period in 2009. An internal review...
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'10% of Rural India Lives on Less Than Rs 17 a Day'
-PTI Two decades of economic reforms and drum beating about inclusive growth seem to have failed to change the face of rural India as 10 per cent of the population live on less than Rs 17 a day. According to a government survey released for 2011-12 on household consumer expenditure, "The poorest 10 per cent of India's rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month." Their...
More »Delayed monsoon powers sales of inverters, batteries-Sarita C Singh
-The Economic Times Sales of inverters and batteries jumped about 30% for the quarter to June, as a delayed monsoon pushed up power consumption in energy-deficient India. Manufacturers of power backup systems say they expect good profits this year, as the increase in sales will offset the rise in input costs due to a weak rupee. The country's largest battery maker Exide Industries said growth was robust despite a 4%-5% rise in prices....
More »How the political class has looted India-AG Noorani
-The Hindu “Study these four men washing down the steps of this unpalatable Bombay hotel. The first pours water from a bucket, the second scratches the tiles with a twig broom, the third uses a rag to slop the dirty water down the steps into another bucket, which is held by the fourth. After they have passed, the steps are as dirty as before… They are not required to clean,” but...
More »2012 Ramon Magsaysay Award winners announced-Christine Joy Sarmiento
QUEZON CITY (PIA) -- The Ramon Magsaysay Award Foundation (RMAF) announced today the six winners of the 2012 Ramon Magsaysay Award. The awardees were from Bangladesh, Cambodia, India, Indonesia, Philippines and Taiwan. A press statement from RMAF said hen Shu-Chu, from Taiwan, is being recognized for “the pure altruism of her personal giving, which reflects a deep, consistent, quiet compassion and has transformed the lives of the numerous Taiwanese she has...
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