-PTI India is likely to be the second largest consumer of coal, surpassing the United States, in the next five years, says a report. “China and India would lead the growth in coal consumption over the next five years... while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States,” according to a report by International Energy Agency (IEA). The report further said that coal demand is expected...
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How We Saved Agriculture, Fed the World and Ended Rural Poverty: Looking Back from 2050 -Duncan Green
-Oxfam Blog As Oxfam’s two week online debate on the future of agriculture gets under way, John Ambler of Oxfam America imagines how it could all turn out right in the end. It is now 2050. Globally, we are 9 billion strong. Only 20% of us are directly involved in agriculture, and poor country economies have diversified. Yet we all have enough food. Technological innovation has played its part, but increased production...
More »Myths of our making-Pratap Bhanu Mehta
-The Indian Express Too many of our economic prescriptions are based on dogma, empirical half-truths It has become fashionable to say, following the conclusions of Michael Spence’s Growth Commission, that there is no single recipe for growth, only some common ingredients. Such a claim brings a due degree of modesty to what we do or do not know about growth. And at the very least, such a claim has the virtue of...
More »Govt yet to decide on raising LPG cap: Moily
-PTI A day after Election Commission rap, oil minister M Veerappa Moily on Wednesday said the government has not yet taken any decision on raising cap on supply of subsidised LPG cylinders and the EC would have been informed before announcing any decision. "If the proposals had been concretised and it was to be announced or decision was to be taken... I would have definitely written to Election Commission of India," Moily...
More »Socialism, Cash Down-Uttam Sengupta and Arindam Mukherjee
-Outlook Its ploy of Aadhar-hinged cash transfer may have won the Congress political points, but will it really be a game-changer? State-Wise 40% of the 22 crore Aadhar numbers are in Andhra Pradesh (4.7 crore) and Maharashtra (4 crore) 20% is what the two politically sensitive, Congress-ruled states account for of the 51 districts where DCT will be rolled out 55 lakh Aadhar numbers in TMC-run West Bengal. BJP-ruled Gujarat (57...
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