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Government hopes to free Rs 40,000 crore fund soon for afforestation

-The Times of India NEW DELHI: The Centre is hopeful that the bill to utilize close to Rs 40,000 crore currently locked in the Compensatory Afforestation Fund Management and Planning Authority (CAMPA) will be passed by wide consensus in the forthcoming winter session of Parliament. The funds have been lying utilized following a 2009 order of the Supreme Court and the government intends to ensure that they are accessed by states and...

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Sun power for jobs, with rider

-The Telegraph New Delhi: India's plans to expand solar energy 30-fold to 100,000MW in seven years could create more than a million new jobs but demand chunks of land cumulatively larger than the metro areas of Calcutta or Delhi, an environment think-tank has said. An analysis by the Delhi-based Council on Energy Environment and Water has suggested that the plan to raise installed solar energy capacity from the current 3,000MW to 100,000MW...

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US offers clean energy assistance

-The Telegraph New Delhi: The US today pledged financial and technical assistance to help India expand its renewable energy programme, monitor air quality over its cities and improve India-specific climate forecasts among new initiatives on energy and climate. A joint statement issued tonight after delegation-level talks led by Prime Minister Narendra Modi and US President Barack Obama outlined proposed actions that could help India curb its growth of greenhouse gas emissions and...

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Karnataka's Smart, New Solar Pump Policy for Irrigation -Tushaar Shah, Shilp Verma, and Neha Durga

-Economic and Political Weekly   The runaway growth in states of subsidised solar pumps, which provide quality energy at near-zero marginal cost, can pose a bigger threat of groundwater over-exploitation than free power has done so far. The best way to meet this threat is by paying farmers to "grow" solar power as a remunerative cash crop. Doing so can reduce pressure on aquifers, cut the subsidy burden on electricity companies, reduce...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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