The window of carbon trading has opened a new means of earning for those cutting down on their carbon footprints. Those contributing more to the emission of green house gases, purchase carbon credits earned by those who cut down on this front. This helps in achieving the end result of bringing down the global emission level to the desirable level. Bihar too is on way to join the club of...
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Unwarranted optimism by Jayati Ghosh
Without policy efforts to deal specifically with issues such as reduced incomes and unemployment, the global economic crisis will be far from over. FOR most economic commentators, 2010 begins on an optimistic note. Just a year ago, there was much gloom about the world economy. The worst financial crisis since the Great Depression had broken out in full fury; asset markets in the United States, Europe and then most developing...
More »Sugar nears Rs 50 a kilo, govt helpless
Packaged sugar now costs Rs 46 a kilogram in the retail market and there are no signs of prices levelling off. With loose sugar also costing Rs 43-44 a kg, the poly-packed product is inexorably moving towards the Rs 50 a kg mark, with the government appearing helpless in containing the spiralling prices. The steady rise in sugar prices since the second half of last year is a consequence of...
More »National Consumer Policy coming for uniform standards by Gargi Parsai
Educating disadvantaged and vulnerable groups is key In the face of imports posing a competition to domestic manufacturing, the government has decided to come up with a National Consumer Policy to ensure uniform national and international standards in the various arms of the Central and State governments, the regulatory bodies and on consumer fora, and to lay down the guiding principles of complaint resolution. The Bureau of Indian Standards (BIS)will...
More »Word scan on climate deal by GS Mudur
How much ground India conceded at the climate summit will depend on which of two sets of words packed in a single sentence of the Copenhagen Accord dominate in the negotiations ahead, experts have said. The Copenhagen Accord indicates that actions by developing countries to curb emissions of greenhouse gases would be open to interna tional consultations and analysis. India has in the past asserted — as articulated by environment...
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