-The Times of India NEW DELHI: The government touted petrol as rich man's fuel to stop subsidy. But a latest survey shows 62% of the fuel flowing into the market is consumed by the aam aadmi's sawari - two-wheelers - while about 2% is being sold loose by people to earn their livelihood in remote villages and coastal areas. The survey, conducted by Nielsen for the oil ministry's think-tank - Petroleum...
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Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Kerosene lamp which cooks food without polluting
-PTI KOLKATA: A lamp which produces high quality light and doubles up as a device to cook food without causing pollution has been invented by a team of engineers in Maharashtra. Suitable particularly for rural households which lack clean cooking fuel and electricity, the device, aptly named Lanstove (lantern combined with cook stove), has been developed by researchers from Nimbkar Agricultural Research Institute (NARI) in Maharashtra's Phaltan. IIT graduate Anil Rajvanshi, who led...
More »Clean energy can light up lives-Sandip Verma
-The Hindu Biomass cookstoves and solar lighting improve the health of women and are creating business models that empower them Around the world three billion people have no access to modern cooking fuels. They depend mostly on direct burning of solid biomass for cooking and heating. The smoke from these rudimentary stoves causes some four million deaths annually, destroys millions of tonnes of crops and leads to global warming and large-scale regional...
More »Poor in villages live on Rs 17 a day, in towns on Rs 23 a day: Survey -Mahendra Singh
-The Times of India NEW DELHI: The poor in rural areas spend only Rs 17 per day while those living in cities and towns spend Rs 23 a day, a government survey has revealed. The bottom 5% of the population had an average monthly per capita expenditure of Rs 521.44 in rural areas and Rs 700.50 in urban areas, according to National Sample Survey (NSS) data for 2011-12 (July-June). The top 5% of...
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