-Press Release from India Resource Center New Delhi: A proposal to tax sugar sweetened beverages like tobacco in India is being welcomed by public health advocates. The proposal to increase sin taxes on aerated drinks is part of the recommendations made by India’s Chief Economic Advisor Arvind Subramanian on the upcoming Goods and Services Tax (GST) bill in the parliament of India. Taxation to reduce consumption of tobacco has been successful when used...

-The Hindu The pact will have framework on pledges by countries Paris: As talks on the text of the Paris agreement began on Tuesday, Indian negotiators said they were introducing provisions in it for a technology and financial mechanism that will make it possible to raise low-cost capital and widely deploy renewable technologies. On Tuesday, the focus was on making technological collaboration written into the Paris deal, Ajay Mathur, Director-General, Bureau of Energy...

-Press Information Bureau/ Cabinet The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to a comprehensive New Urea Policy 2015 for the next four financial years. The Policy has multiple objectives of maximizing indigenous urea production and promoting energy efficiency in urea units to reduce the subsidy burden on the Government. Savings in energy shall reduce the carbon-footprint and would thus be more environment friendly....

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-The Business Standard   There is nothing called junk food. The problem with obesity lies with children who do not exercise enough. What is needed is for them to run and jump, and to do this they need to consume high-calorie food. So, food high in salt, sugar and fat is good for them." This is what was argued vehemently and rudely by representatives of the food industry in the committee set...