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Blame Govt for high wheat prices -CP Chandrasekhar and Jayati Ghosh

-The Hindu Business Line   The general tendency among Indian policy makers currently is to blame international price movements for the rise in prices of essential food items in India. The extent to which this claim is valid is assessed by examining the specific case of wheat. It is no secret that Indian food prices are increasingly affected by international prices. Ever since 2002, when all quantitative restrictions on Indian imports of agricultural...

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Asia’s soaring consumption of raw materials unsustainable, UN warns

-The United Nations The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...

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Consumers face fresh power tariff hikes -Utpal Bhaskar and Aman Malik

-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...

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Centre for incentivising use of clean energy, says Montek

-The Hindu Says potential and implications of shale gas policy need to be examined The government was all for creating a viable and competitive Domestic production base and incentivise use of clean energy in the country, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said at the fourth Clean Energy Ministerial here on Wednesday. Efforts were on to encourage Domestic production and usage. "We are interested in incentivising the use of...

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Cottonseed oil rules the kitchens of Gujarat as cheapest cooking oil -Nidhi Nath Srinivas

-The Economic Times The BT cotton revolution, which swept India's countryside, is now doubling up as the source of the country's cheapest cooking oil. And in Narendra Modi's motherland, the Jasubens are loving it. Cottonseed or 'kapasiya' oil is ruling in the kitchens of Gujarat, the largest cotton-growing state. One out of every two bottles of oil consumed in Gujarat contains cottonseed oil. "Earlier, we used around three litres of cottonseed oil...

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