The government plans to cut its subsidy bill to under 2% of the gross domestic product (GDP) in 2012-13, finance minister Pranab Mukherjee said in his budget speech on Friday. High crude oil prices and burgeoning fertilizer subsidies, primarily on account of imported non-urea fertilizers, have meant India’s subsidy bill has zoomed to Rs2.16 trillion, or 2.5% of the GDP. Mukherjee has set an ambitious target to reduce this to under 1.75%...
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'Increase in production to help in controlling prices'
-The Indian Express Increasing farm production and removing market imperfections would help in controlling prices of commodities, a report has said. The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha, said that the principal factors behind the higher levels of inflation in the recent period are constraints in production and distribution especially in high value items such as pulses, fruits and vegetables, egg and meat. Increase in prices can...
More »Bank on post office for your ladli by Arti S Sahuliyar
-The Telegraph Most poor families in Jharkhand may not have heard of the word “bank”. But they are banking on a better future for their daughters, thanks to the ubiquitous village post office, which they are now embracing to reap the benefits of a thoughtful government scheme. Over 2,000 saving accounts have been opened at different post offices across districts in just one month to tap the Mukhyamantri Ladli Laxmi Yojana that...
More »Safety is at the core of Kudankulam nuclear reactors by M Kasinath Balaji and SV Jinna
The Kudankulam Nuclear Power Plant (KKNPP) in Tamil Nadu has become part of the regular news in the recent past. Safety of the public has been given the utmost priority at all stages of the KKNPP construction, including from the selection of the site, designing the processes, and erection of the plant buildings and equipment. The Nuclear Power Corporation of India Limited, which has built the two Russian reactors at...
More »Is nuclear power the demon it's made out to be? by Susan Davis
The water used to cool the Rawatbhata reactor was pumped back into Chambal river. Before and during my pregnancy, I drank the tap water supplied to us from the same river. I didn't go even so far as to boil this water. Nothing went wrong. Kudankulam has been in the news and how! Little did I imagine in 2002 that this remote area of southern Tamil Nadu where there are more...
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