-Newsclick.in Government must explore non-conventional resources to achieve energy security. Its current policy to blend ethanol and biodiesel helps the biofuel industry at the cost of food security. In a recent press conference, the Union Food Secretary Sudhanshu Pandey said that in 2020-21 the Centre allocated about 78,000 tonnes of rice from the Food Corporation of India (FCI) stocks to distilleries to produce ethanol. The distilleries got rice at a subsidised Rs.20...
More »SEARCH RESULT
Act now : How climate action in this decade can prevent catastrophic global warming later -Avantika Goswami
-Down to Earth There is scientific consensus that rapid and deep cuts to emissions in this decade, and not later, will avoid scenarios of uncontrollable warming and high mitigation costs later this century Most countries have set a target timeline — 2030 is the commonly chosen horizon — to achieve the goals outlined in their Nationally Determined Contributions (NDC) to the Paris Agreement, 2015. The Paris Agreement is the international treaty to help...
More »Modi Govt’s Policy to Reduce Oil Imports: Subsidise the Rich, Burden the Poor! -Ayaskant Das
-Newsclick.in Rice meant for the poor will be sold at subsidised rates to privately-owned ethanol distilleries. The industries will be given cheap loans and exempted from Environmental Clearances. Is the Modi government subsidising the rich at the cost of the poor by diverting foodgrains meant for the most impoverished sections of the population to private industries for producing alcohol for India’s ethanol blended petrol programme? There’s more: For manufacturing ethanol, foodgrains will not...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »ADB sees India grow by 11%, adds caveat
-The Hindu Lender sees ‘considerable downside risk’ from latest COVID wave, says may revise forecast in July The Asian Development Bank has raised its forecast for India’s growth in 2021-22 to 11%, from 8% earlier, even as it warned that failure to control the resurgence of COVID-19 cases including April’s exponential jump poses a “considerable downside risk to the recovery”. ‘Targeted containment’ In its assessment based on end-March data, the ADB cited this year’s...
More »