How many happy seeder machines are currently available in Haryana and Punjab? Against the backdrop of a recent advisory issued by the Ministry of Agriculture and Farmers Welfare in response to the dense smog that engulfed the entire NCR since October this year, the above question seems pertinent. The happy seeder machine is considered as a magic bullet to curb the menace of stubble burning during the wheat-paddy cropping cycle,...
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Power Sector Lenders see NPAs Surge Even as Piyush Goyal Defends IREDA's Loan Record -Noor Mohammad
-TheWire.in Growth in bad loans raises questions about due diligence measures followed by Renewable Energy, power PSUs over last five years. New Delhi: Defending the Indian Renewable Energy Development Agency’s (IREDA) grant of a Rs 10.35 crore loan to BJP president Amit Shah’s son, railway minister Piyush Goyal recently stated that the financing agency had lent money to about 2,000 applicants “in the past one year or so”. While this growth in lending...
More »Arvind Subramanian slams carbon imperialism, calls for global coal alliance -Gireesh Chandra Prasad
-Livemint.com Arvind Subramanian says coal will remain the primary source of energy for India in the short to medium term as it remains the cheapest energy source for development needs New Delhi: Coal will and should remain the primary source of energy for India in the short to medium term as the fossil fuel remains the cheapest source of energy for India’s development needs, chief economic advisor Arvind Subramanian said on Thursday. Renewable...
More »Lending to priority sector is good business, Mundra tells banks
-The Hindu Business Line RBI Deputy Governor says such loans support economic activity, generate income & surplus Mumbai: Given the overexposure of the banking system to large corporates and the consequences thereof in the last few years, Reserve Bank of India Deputy Governor SS Mundra said lending to priority sector is good business for all the right and justifiable reasons. “The excessive lending to corporate sector was the outcome of what I call...
More »India, China's Climate Change Efforts Make US Look 'Laggard': Report
-PTI China's emissions of carbon dioxide appear to have peaked more than 10 years sooner than its government had said they would and India is now expected to obtain 40 per cent of its electricity from non-fossil fuel sources by 2022, eight years ahead of schedule, it noted. New York: India and China are showing the way forward in the battle against climate change by greatly increasing their investments in renewable...
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