-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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Amartya Sen, Nobel laureate interviewed by Sagarika Ghose
Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates. In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...
More »Government rolls out package to deal with poor monsoon
-The Economic Times The government has stopped short of declaring a drought but rolled out a relief package which includes subsidised Diesel for irrigation, funds to ensure drinking water, seed subsidy for resowing crops and augmentation of fodder supply. "The number of rain-deficient districts this year is more than in 2009," said agriculture minister Sharad Pawar after chairing a meeting of the Empowered Group of Ministers (EGoM) on drought. The meteorological department...
More »Jharkhand offers Rs.410 crore relief package to farmers
-IANS In view of the looming drought situation in Jharkhand, the state government has announced a Rs.410 crore relief package for farmers, an official said Monday. The decision was taken at a meeting chaired by Chief Minister Arjun Munda Sunday. The special package for farmers includes Rs.600 per acre for Diesel subsidy and interest free loans, among other measures. "From the package, Rs.240 crore will be for interest free loans, Rs.150 crore for Diesel...
More »Major power failure in north India, Delhi Metro services hit
-The Times of India There has been a major power failure in north India since late Sunday night affecting at least six states. The states affected include Delhi, Punjab, Haryana, UP, Himachal Pradesh and Rajasthan. "Yes there are problems with Northern Grid, we are trying to restore it", said SK Soonee, CEO of Power System Operating Co (PSOC). PSOC manages the Northern Power Grid. Officials sources said while the exact reasons for the grid...
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