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India readies to implement UN’s REDD+ programme to incentivise forest conservation -Kumar Sambhav S

-Down to Earth MoEF’s draft policy aims to create the framework for transferring financial benefits from REDD+ to local communities involved in protecting and nurturing forests The Indian government is finally making official the mechanism for reducing emissions from deforestation and forest degradation, popularly known as REDD+. On April 28, the Union Ministry of Environment and Forests (MoEF) has made public its draft policy to implement the mechanism that aims to provide...

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India Should Address Infra Issues to Boost Growth: OECD -Chandra Shekhar

-Outlook Sydney: The OECD today said India needs to address its infrastructure shortfalls and pervasive state control in business activities, among other things, to maintain robust growth. In its 'Going for Growth' report, the Organisation for Economic Co-operation and Development (OECD) called for structural policy reforms to boost growth. "To maintain robust growth, India needs to address its infrastructure shortfalls, pervasive state control in business activities and unequal access to quality education. "It also...

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Can higher interest rates tame India's food inflation? -Dipak Dasgupta

-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...

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West Bengal transport minister calls cycle ban in Kolkata illegal -Sayantan Bera

-Down to Earth State government yet to revoke ban on non-motorised transport despite repeated protests, calls from civil society and advisory from Union Ministry of Urban Development "I have been fined three times this month while delivering milk," says an angry Omkar Mandal. For over two decades now, Mandal has been cycling about 10 km every day to pick up and deliver milk. "Each time I have to pay Rs 120. How...

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Media cross-holding in cross hairs -Prashant Jha

-The Hindu   As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...

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