-The Hindu National Solar Mission instrumental in bringing down cost of power The Jawaharlal Nehru National Solar Mission Phase-1 (JNNSM) is poised to make India a global leader in the development of solar power as its green growth agenda increased the installed capacity from around 30 MW to more than 2,000 MW, a World Bank report said on Thursday. What is significant is that JNNSM has been instrumental in bringing down the cost...
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India has highest inflation rate in Asia
-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
More »Haryana woos Chinese cos, offers vast tracts of land-Ananth Krishnan
-The Hindu The Chinese government is also likely to considering locations in Gujarat, Maharashtra and Tamil Nadu for industrial parks Beijing: Haryana has made available thousands of acres of land for purchase by Chinese companies, State government officials told potential investors here on Wednesday, in an effort to court investment into newly planned industrial bases. Haryana officials told The Hindu that the China Development Bank (CDB) - the powerful State-run bank that is...
More »One world of climate and trade-Sunita Narain
-The Business Standard India has emerged as a "voice" in climate change and trade negotiations. The already industrialised countries say that India is obstinate, strident and unnecessarily obstructionist in crucial global debates. The problem is not that India is loud - this it needs to be. The fact is that, while ecological and economic globalisation are interlinked and irrevocable, there is a fundamental weakness in the overall rules that govern these...
More »Drug price control covers too little, riddled with loopholes -GS Mudur
-The Telegraph New Delhi: The price caps imposed by the Indian government on 348 drugs earlier this year have created only an illusion of control, keeping many medicines for conditions ranging from asthma to diabetes and heart disease beyond price regulations, experts said today. The price control order issued by the department of pharmaceuticals in May has led to a 22 per cent reduction in the average cost of some 250 medicines,...
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