In energy infrastructure alone, the transformational ambitions the Copenhagen meet is expected to set will cost more than $10 trillion in additional investment. If negotiators reach an accord at the climate talks in Copenhagen it will entail profound shifts in energy production, dislocations in how and where people live, sweeping changes in agriculture and forestry and the creation of complex new markets in global warming pollution credits. So what is...
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World Bank’s $1b loan for JNNURM to come with strings
A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...
More »Reform the reformer by Sumit Mitra
The convulsions that have gripped the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) — India’s flagship city development programme — with only three years to go for the termination of its assigned lifespan of seven years, is symptomatic of the country’s predilection to put politics above all other issues, including the vital ones. The Mission, aimed at pulling India’s 63 cities out of their dilapidation, which is somewhat reminiscent of...
More »Medha fears fake encounter
Social activist Medha Patkar has approached Governor M.C. Bhandare, apprehending fake encounter of the Chasi Mulia Adivasi Sangh leader Nachika Linga even as police recommended that the government ban the organisation for its alleged Maoist links and violent activities. A delegation of social activists led by Patkar approached the governor with a memorandum containing a list of demands in support of the organisation. The team included Prafulla Samantra of the Lokshakti...
More »Searching for harmony
DELEGATES turning up to the 15th Conference of the Parties to the UN Framework Convention on Climate Change—known as the Copenhagen conference—face a fortnight of negotiation, beginning on Monday December 7th, almost as rich in complexity as in hyperbole. The range of different possibilities in the negotiations means that there is, potentially, something for everyone, which raises hopes for success. At the same time, there is the near certainty of...
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