Plans are afoot to cap the number of subsidised LPG cylinders at six to eight per annum to reduce the losses of state-run oil firms and bring down the burgeoning subsidy bill. Oil ministry officials said consumers might have to pay more for every additional cylinder, and the amount would be gradually linked to market rates. Sources said the finance ministry had asked the oil ministry to revisit its proposal made last...
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World Bank urges India to make PF must for formal staff-Vikas Dhoot
-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...
More »The enigma of Indian engineering-James Trevelyan
A narrow education is making engineers oblivious to the importance of human interaction and raising the cost of even simple tasks My time in South Asia has rewarded me with an enigma: why is engineering so expensive here? Why is it often many times more expensive than in Australia, my home? My search for answers led me to shanty towns on the fringes of mega-cities. We compared an award winning Indian factory...
More »Watershed in fight for survival-Vibhu Nayar
-The Hindu The United Nations Conference on Sustainable Development (Rio+20) is set to take place on June 20 at Rio de Janeiro, 20 years after the 1992 Earth Summit on Environment & Development. World leaders, experts, and U.N. agencies are expected to take stock and reaffirm global commitment to sustainable development. The summit is taking place against the backdrop of threats of catastrophic climate change, unprecedented environmental degradation and widespread market...
More »States say no to trials, GM research in the doldrums-Chetan Chauhan
India's Genetically Modified (GM) crop growth story has been stalled with just four states allowing field trials. An eminent scientist has sought Prime Minister's intervention in this regard. Field trials of newly developed GM crops are important for scientific analysis of the yield and its commercial release. Till 2010, research institutions were free to conduct field trials anywhere in the country. But in 2011, the environment ministry had imposed a condition...
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