-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting Tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...

-IPS News Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report. The assessment, written by the Independent Evaluation Group (IEG), the World Bank Group’s auditor, warns that expectations for poverty reduction as envisioned in the bank’s 2002 Forest Strategy “have not yet been met”. The report is particularly critical...

-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...

-Kafila.org This release was put out yesterday by the RIGHT TO FOOD CAMPAIGN On the second day of the “Right to Food dharna” convened by the Right to Food Campaign, hundreds of poor women from across the country braved the morning cold and rain to assemble at Jantar Mantar and voice their concerns,  including the demand for a universal PDS, universalization with quality of ICDS, universal maternity entitlements, universal pensions for single...

-Outlook Chennai: Attempting to capitalise on 300 clear sunny days available in the state annually, Tamil Nadu government today unveiled a new solar energy policy, envisaging to produce over 3000 MW of power, exclusively from solar power, in the next three years. Christened as 'Tamil Nadu Solar Energy Policy 2012,' the new initiative of the Jayalalithaa government, with a slew of encouraging features, finds opportunity in the rapidly declining solar power costs...