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WTO warns of rising global protectionism

-Reuters   The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned on Friday. Commodities export restrictions from Indian cotton and Ukrainian wheat to Chinese rare earths and coal are "not without hazards", the World Trade Organization said in the report that assesses the protectionist behaviour of more than 180 nations. The...

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Ghost of Marichjhapi returns to haunt by Snigdhendu Bhattacharya

It was the mother of all Nandigrams. If there was one Nandigram on March 14, 2007, then perhaps there were dozens of Nandigrams during the three-day cleanse-Marichjhapi operation in January 1979.    “It was Saraswati Puja. The police were just raining bullets as soon as the refugees landed in our village! Like everybody else on the road, I, too, fled for safety as I could see people falling either injured or...

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Watts in it for me? by Tusha Mittal

A LEAFY VILLAGE in Kerala, Pathanpara, never found access to India’s electricity grid. That is why for the last several years, this village has been generating its own electricity. Raju, a dhoti-clad cashew nut farmer, operates Pathanpara’s five kilowatt (KW) micro hydropower plant. He lives in the village and earns a salary of Rs 2,250, paid by the People’s Electricity Committee (PEC). The power generated is shared equally by the village,...

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Need to look at renewable energy for power needs: Jairam Ramesh by Urmi A Goswami

India should look at renewable energy to meet its power needs, Environment Minister Jairam Ramesh has said. In a letter to Prime Minister Manmohan Singh last week, Ramesh drew his attention to a World Bank report on renewable energy in India. The report suggests that renewable energy is an important part of the solution to India's power shortage. The letter gains significance as the coal and power ministries have cited growth...

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Dirty secret of India’s political economy

The Economic Survey tucks away a little, dirty secret of India’s political economy in a box on power sector reform. The losses of state electricity boards, says the Survey, are now about 1% of GDP, which would translate to about Rs 78,700 crore this year. The government stopped publishing a table on this vital parameter a couple of years ago but the problem has only continued to grow in shade...

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