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India launches UN-backed action plan to slash transport emissions

India, the world’s fourth largest greenhouse gas emitter, has launched a new United Nations-backed project to reduce emissions and develop a low-carbon transport system. The Indian government will work with the UN Environment Programme (UNEP) and the German non-governmental organization International Climate Initiative on a $2.5 million, three-year project to bring the country’s transport growth in line with its climate change agenda. Even though it has the world’s second largest population, India’s...

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Jairam ‘criminal’ tag on fuel-guzzlers

Environment minister Jairam Ramesh today said the use of sports utility vehicles and BMWs in India was “criminal” and called for changes in diesel pricing to discourage people from riding fuel-guzzlers. He said India’s SUV market was growing on subsidised diesel, the owners benefiting from the subsidies intended mainly to help farmers. “The growth of large-size vehicles like SUVs is a growth of concern.... The use of vehicles such as SUVs and...

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Malawi seeks Indian help in 'greenbelt initiative'

Inspired by India’s “Green Revolution”, Malawi has sought Indian assistance in its “Greenbelt initiative” aimed at raising agricultural output. The southeast African nation is looking to India to tap its huge uranium deposits. Malawi is also negotiating to sign Double Taxation as well as Investment Promotion and Protection agreements with India. “Our main aim is to get India’s participation in our Greenbelt initiative to increase our farming capacity,” visiting Malawian Trade and...

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Official violated law for Adarsh project, RTI activist complains to ACB

Right to Information (RTI) activist Santosh Daundkar on Tuesday gave a written complaint to the Maharashtra Anti-Corruption Bureau (ACB) against State Information Commissioner Ramanand Tiwari in connection with the Adarsh Housing Society scam. Mr. Daundkar has requested the ACB to register an FIR against Mr. Tiwari, former Principal Secretary, Urban Development; MLC Kanhaiyalal Gidwani and R.C. Thakur, chief promoter of Adarsh, for violations for law. In his complaint, supported by annexures of...

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RBI data show decline in credit flow to agriculture

There has been a significant pick up in credit flow to industry, services and personal loan segments during the current financial year. However, credit flow to agriculture has declined further, data released by the Reserve Bank of India as part of Macroeconomic and Monetary Developments Second Quarter Review 2010-11 shows. While credit flow to industry was highest at Rs 1,07,386 crore, credit flow to agriculture contracted by Rs 13,481 crore during...

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