Winter in the Indian capital is a season of mists, minus the mellow fruitfulness. The air becomes charged with toxic emissions and particles that cannot disperse due to a meteorological phenomenon called "atmospheric inversion". According to B.P. Yadav, scientist with the meteorological department, atmospheric inversion is caused by a warming of the upper layers of the atmosphere, trapping colder air on the surface and, with it, vehicular and industrial emissions. "The immediate...
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Trinamul, Citu in price protest race
The Trinamul Congress, an ally of the Congress-led UPA government, has decided to hit the streets from tomorrow to protest the rise in prices of petrol and other commodities. The Trinamul announcement today came minutes after CPM labour arm Citu declared a three-hour state-wide public transport strike from 12 noon to 3pm tomorrow to protest the fuel price hike. A Citu protest rally will also be held in Esplanade at 1pm...
More »Industry warns of job and capital flight by GS Radhakrishna
Further political unrest in Andhra Pradesh may lead to jobs and investment being moved out of the state, industry bodies have warned amid the Telangana tension. “The politicians should realise that companies have the option to move jobs elsewhere,” Som Mittal, president of software industry body Nasscom, said at the weekend. He cited how jobs were moved out of Visakhapatnam to Chennai and Pune because of the counter-Telangana protests in 2009. “We have...
More »Plan for rail routes to link wholesale markets
The government is planning to launch a dedicated horticulture rail transport system by March with an investment of over Rs 18 crore that will link the wholesale markets of the country. The aim is to reduce the wastage of surplus fruits and vegetables informed a senior official . "We have sent a proposal to the agriculture ministry for approval and are expecting to launch the trial run in two months, sometime...
More »NABARD to stream micro credit through grass root groups
The National Bank for Agriculture and Rurual Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLs) in Kerala as it is found more effective way of priority sector lending. JLs are informal groups of even 4-10 individuals joining together for the purpose of availing bank loans through group mechanisms against mutual guarantee. According to NABARD's State Credit Plan 2011-12, financial inclusion through JLGs would be deepened in partnerships...
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