-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...
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Developing countries experiencing unprecedented growth, says UN report
-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
More »India, other developing nations drive global economic growth: UN -Arlene Chang
-First Post While the average Human Development Index (HDI) for the region is 0.558, below the world average of 0.693, South Asia saw the highest growth in the index between 2000 and 2012, according to the United Nations Human Development Report 2013. The region registered an annual growth of 1.43 percent in HDI, the highest compared to other regions. It also said that the developing countries as a whole are driving the...
More »Mining dumps may cause pollution hazards: Dinsha Patel
-The Times of India PANAJI: The Union mines ministry hasn't ruled out pollution hazards while handling mining dumps in Goa. Union mines minister Dinsha Patel told parliament on Tuesday, "Such possibilities (pollution hazards while moving dumps) cannot be ruled out, and the same has been brought to the notice of the state government by the Indian bureau of mines, a sub-ordinate office under the ministry of mines, for proper environmental clearances as...
More »Days of excessive profits are over-Ajay Dsouza
-The Hindu New, more fair and transparent norms for iron ore mining are now being put in place in many States Hit by debilitating mining curbs (including an outright ban in some States) and a clampdown on Exports through high duties, India’s iron ore industry today is a pale shadow of what it was for much of the last decade, despite some recent forward movement on restarting iron ore mining in Karnataka,...
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