With international talks on climate change starting next week in Copenhagen, India staked out its early position on Thursday by announcing that it would slow the growth of the nation’s greenhouse gas emissions by 2020, while also leaving open the possibility of taking bolder steps if an “equitable” deal can be reached during the negotiations. The Indian initiative, presented in Parliament by the country’s top environmental official, means that India has...

People of dalit communities in the Gadarwara sub-division of district Narsinghpur in Madhya Pradesh are on the brink of starvation as they are facing harassment, economic sanctions and social boycott because they have refused to remove animal carcasses. A fact finding team of civil society organisations says that dalits at many places have been ‘imprisoned’ in their own houses as all entry and exit points have been blocked by the...

India must resist developed country pressure to cut its greenhouse gas emissions, goes the cry. Such a position helps only the rich, in a tearing hurry to grow richer, the environment be damned. It is in the interest of India’s poor for the country to adopt a stringent policy regime to control emissions domestically and thus contribute to a binding deal to cut emissions globally. Climate change has been identified...

The government appears to have taken a final call going into the climate change summit at Copenhagen that India’s traditional stand, that developing countries are not obliged to cut emissions, is unlikely to change. Yet there remains considerable wiggle room available to India’s negotiators. The temptation, however, to keep that wiggle room as large as possible, at the cost of atmospherics going in, must be avoided. The government for a...

Indian policymakers are debating doing away with the mandatory rating of financial instruments in the long-term, among a set of measures aimed at strengthening the regulatory and disclosures regime for credit ratings. The expert group, set up by the High Level Coordination Committee on Financial Markets (HLCCFM), has made specific recommendations on improving and disclosing the way credit rating agencies rate financial instruments, and has sought debate on the very...