For the Government of India the first phase of the national solar mission has been a grand success. It not only managed to attract industry to invest in the generation of an energy considered costly, but also dramatically drove down the cost of producing this energy. In its celebration, little did the government realise that a major conglomerate had subverted rules to acquire a stake in the solar mission much...
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Mamata betrays land nerves by Arnab Ganguly
Mamata Banerjee today lent her voice to a pitch to facilitate land acquisition for a life-saving project — an uncommon plea that betrayed the government’s frustration at the slow pace despite the urgency and the promise of generous compensation. The chief minister persuaded the people of Sunderbans to offer their land to build embankments in low-lying areas of South 24-Parganas, which were devastated by the Aila cyclone in 2009. The embankment project...
More »How to usher in vaccinnovation in India by MK Bhan
-The Economic Times Vaccines are a true gift of science to humanity. In developing countries, prevention is better than cure. Vaccines have a great track record of safety and efficacy and they are amongst the most cost-effective products, which even the poor have access to due to effective systems of procurement and delivery. India's contribution in the vaccine arena is noteworthy. The primary reason behind the country's vaccine success story is...
More »Aadhaar gets a fresh lease of life by Surabhi Agarwal
Home ministry accepts UIDAI’s biometrics; in case of overlap, National Population Register will prevail The Aadhaar project, which has been in the eye of a storm for its dispute with the home ministry’s National Population Register (NPR), received a shot in the arm on Friday, with the Cabinet Committee on Unique Identification Authority of India (UIDAI) extending its mandate to collect biometrics for a total of 600 million residents of the...
More »Nabard starts infra lending to diversify by Atmadip Ray
The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years, in an attempt to diversify its activities and make itself relevant at a time when the dynamics of the rural market are changing. Essentially a refinance bank till recently, Nabard has created a Rs 1,000-crore special window for lending to build core...
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