TN seeks compensation from KA over Cauvery issue

Amount to the tune of Rs. 24.8 bln

by Ericka Sequeira

The Tamil Nadu (TN) government has sought a compensation worth Rs. 24.8 billion from the Karnataka (KA) government for not releasing 2,000 cubic feet per second (cusecs) of Cauvery river water to the state. The Supreme Court (SC) has ordered the TN and the KA government to file a list of witnesses for the issue within a week. It also directed the states to submit details of witnesses affidavit within four weeks.

The SC has maintained that it will continue the hearing of the Cauvery water issue on 7 February 2017 (See).

References
1. http://indianexpress.com/article/india/cauvery-water-issue-tamil-nadu-seeks-rs-2480-crore-as-compensation-from-karnataka-4466146/
CMIE STATISTICS
Unemployment Rate
Per cent
6.0 -0.1
Consumer Sentiments Index
Base September-December 2015
97.5 -0.4
Consumer Expectations Index
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Current Economic Conditions Index
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Quarterly CapeEx Aggregates
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New projects 3.29 1.55 2.29 1.38
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All listed Companies
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Non-financial Companies
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 PAT margin (%) 5.5 6.2 7.4 7.0
 Net fixed assets 3.8 -8.6
 Current assets 3.1 8.4
 Current liabilities 10.6 11.2
 Borrowings 6.6 3.3
 Reserves & surplus 7.8 8.4
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Annual Financials of All Companies
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All Companies
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 PAT margin (%) 3.6 3.2 3.3 3.6
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Non-financial Companies
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 Net profit -10.6 -5.3 -5.8 15.6
 PAT margin (%) 2.4 2.1 2.2 3.3
 Net fixed assets 13.4 10.4 12.3 10.3
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Numbers are net of P&E
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