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Renewable energy: Investments decline globally -Ankur Paliwal

-Down to Earth China takes over from Europe as the largest investing region Investment in renewable energy sector is on the decline globally, according to a report. Total investment in renewable power, excluding large hydro-electric projects, fell to $214 billion globally in 2013. This was 14 per cent lower than 2012 and 23 per cent lower than in 2011, says a recently released report titled Global Trends in Renewable Energy Investment in...

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Crony capitalism or plain corruption?-Arvind Virmani

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

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A distribution network puts food on the plate -Pierre Jacquet

-The Hindustan Times It's interesting how some concepts can be mobilising, and their relevance apparently self-evident, while they probably escape any simple analytical definition. ‘Happiness' could be one, despite the celebrated Bhutanese innovation in producing statistics on gross national happiness. ‘Food security' is another. It has been associated with a concern over food price volatility, and the movement of prices was also instrumental in sustaining the debate in India that led to...

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Can higher interest rates tame India's food inflation? -Dipak Dasgupta

-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...

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Dr. Manmohan Singh, Prime Minister of India meets the press at the National Media Centre, New Delhi

-Press Information Bureau Preliminary Transcript of the Q&A portion of the Prime Minister's Press Conference at the National Media Centre, New Delhi Q: After the Assembly elections, much churning is going on in the UPA. Do you think the Congress should now announce its PM candidate? PM: The Congress President has already answered that question. We will announce our candidate for the Prime Ministership at the appropriate time. Q: On corruption issues which have...

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