Weekly News4:Weekly News4:13 Sept-19 Sept, 201013 Sept-19 Sept, 2010

Compiled by:Compiled by:

Taranpreet KaurTaranpreet Kaur

Mba-2(A)Mba-2(A)

Farmers in drought hit districts Farmers in drought hit districts to get diesel subsidyto get diesel subsidy

Farmers in drought hit districts in this Farmers in drought hit districts in this unusually heavy rains monsoon season will get unusually heavy rains monsoon season will get a diesel subsidy of Rs 500 per hectare, a diesel subsidy of Rs 500 per hectare, agriculture minister Sharad Pawar announced.agriculture minister Sharad Pawar announced.

A good monsoon and prospects of a good A good monsoon and prospects of a good Kharif and Rabi have sobering effect on prices Kharif and Rabi have sobering effect on prices and will impact on the persistent double digit and will impact on the persistent double digit food inflation. food inflation.

Jet Airways retains No. 1 spot on Jet Airways retains No. 1 spot on domestic circuitdomestic circuit

Jet Airways and Kingfisher Airlines have retained their Jet Airways and Kingfisher Airlines have retained their leadership positions in the domestic aviation industry in leadership positions in the domestic aviation industry in August.August.

Naresh Goyal-controlled Jet Airways and its no-frills arm Naresh Goyal-controlled Jet Airways and its no-frills arm Jetite enjoyed a combined 26% share of the Indian aviation Jetite enjoyed a combined 26% share of the Indian aviation sector while Vijay Mallya's Kingfisher Airlines had a 20% sector while Vijay Mallya's Kingfisher Airlines had a 20% market share in August. market share in August.

Both the companies have been controlling the first and Both the companies have been controlling the first and second position in the domestic aviation industry. second position in the domestic aviation industry.

Nacil, which operates Air India, emerged as the third Nacil, which operates Air India, emerged as the third largest player with an 18% market share. largest player with an 18% market share.

Low-cost carrier Indigo came fourth with a 16% Low-cost carrier Indigo came fourth with a 16% share.share.

SpiceJet and GoAir recorded 13% and 6% market SpiceJet and GoAir recorded 13% and 6% market share, respectively. share, respectively.

Domestic air traffic rose by 19% to 339.09 lakh Domestic air traffic rose by 19% to 339.09 lakh passengers between January to August, compared to passengers between January to August, compared to the year-ago period.the year-ago period.

Pantene shampoo ad: HUL drags Pantene shampoo ad: HUL drags P&G to courtP&G to court

HUL has dragged P&G to court on the latest Pantene HUL has dragged P&G to court on the latest Pantene shampoo advertisement, terming it as ‘‘disparaging’’ to its shampoo advertisement, terming it as ‘‘disparaging’’ to its Dove brand. Dove brand.

The hoardings put up by P&G at July-end, talked about a The hoardings put up by P&G at July-end, talked about a mystery shampoo which ‘‘80% women say is better than mystery shampoo which ‘‘80% women say is better than anything else.’’ P&G’s move was immediately ambushed anything else.’’ P&G’s move was immediately ambushed by HUL which came out with a parallel hoardings of by HUL which came out with a parallel hoardings of Dove, saying, ‘‘There is no mystery. Dove is the No.1 Dove, saying, ‘‘There is no mystery. Dove is the No.1 shampoo’’. shampoo’’.

HUL filed a complaint with ASCI against P&G’s hoarding HUL filed a complaint with ASCI against P&G’s hoarding ad, terming it as ‘‘misleading’’. HUL’s complaint was ad, terming it as ‘‘misleading’’. HUL’s complaint was pinned on the fact that P&G had used an old study done in pinned on the fact that P&G had used an old study done in Thailand in 2008 to target Indian consumers. Thailand in 2008 to target Indian consumers.

IBM to handle IT for BhartiAirtel's IBM to handle IT for BhartiAirtel's Africa operationsAfrica operations

India’s top mobile phone firm BhartiAirtel hugely outsourcing Africa by awarding a $1.5-billion contract to IBM for managing its IT requirements across 16 countries in the continent.

The 10-year deal will involve IBM consolidating Airtel’s IT operations in Africa into one integrated system.

India's development report card India's development report card shows fuzzy prioritiesshows fuzzy priorities

On Monday, leaders from 191 countries will get On Monday, leaders from 191 countries will get together in New York to review the progress in together in New York to review the progress in achieving the Millennium Development Goals (MDG), achieving the Millennium Development Goals (MDG), a set of eight targets to fight hunger, disease and a set of eight targets to fight hunger, disease and ignorance to be met by 2015. ignorance to be met by 2015.

India has already prepared an interim report that shows India has already prepared an interim report that shows mixed progress. mixed progress.

According to an analysis by the Centre for Budget & According to an analysis by the Centre for Budget & Governance Accountability (CBGA), the government’s Governance Accountability (CBGA), the government’s budget allocations over the past three years indicate budget allocations over the past three years indicate foggy priorities and missed opportunities. foggy priorities and missed opportunities.

India is severely lagging in poverty eradication, India is severely lagging in poverty eradication, providing food for all, reduction in child and mother providing food for all, reduction in child and mother deaths and fighting infectious diseases. Budgetary deaths and fighting infectious diseases. Budgetary allocations for these remain highly inadequate as per allocations for these remain highly inadequate as per the CBGA analysis. the CBGA analysis.

A glaring example of low spending and misplaced A glaring example of low spending and misplaced priorities is visible in the effort to meet the sixth priorities is visible in the effort to meet the sixth MDG, stamping out malaria, TB and other infectious MDG, stamping out malaria, TB and other infectious diseases and combating AIDS.diseases and combating AIDS.