India's output of e-waste has jumped by eight times in the past seven years and the open yet illegal incineration of massive quantities of such trash may lead to serious public health hazards, a government report says. According to the latest annual report of the Union ministry of environment and forest (MoEF), by the end of 2012, India would have generated a whopping eight lakh tonnes of e-waste - up eight...
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Water: the looming problem-Prakash Nelliyat
World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...
More »World Bank to help fire up India’s infrastructure development
-The Economic Times World Bank has said it will extend full financial support to India to help enhance the abysmal level of infrastructural development in the country in the 12th Five Year Plan that begins next fiscal. The World Bank president Robert B Zoellick, who begins his fifth and last official visit to India on Monday, has expressed intent to discuss innovative methods of financing with Indian leaders during his stay. "India's needs...
More »Package includes facilities for repair of boats, cold storage
-The Hindu Chief Minister dwells on findings of experts' panel The State government's Rs.500-crore package for infrastructure development in Kudankulam consists of facilities for repairs of mechanised boats of fishermen and fish cold storage, according to Chief Minister Jayalalithaa. Announcing the State government's decision on the resumption of the Kudankulam Nuclear Power Project (KKNNP) in a five-page statement, Ms. Jayalalithaa stated that the package also included housing and road infrastructure improvement. She gave an...
More »Vodafone-Hutch deal: Retrospective change to I-T Act-Nikhi Kanekal and Kian Ganz
The government introduced a retrospective clarification to the Income-Tax (I-T) Act, 1961, virtually amending the law to ensure that cross-border transactions such as the $11.08 billion (around Rs55,735 crore today) Vodafone-Hutchison deal are taxable. The Supreme Court had ruled this deal as not being taxable in India. The amendment becomes crucial because a review petition by the government on this case is pending before the Supreme Court, which might now have...
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