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Motive behind demonetisation is justifiable but there may be collateral damage

There are reports from all over the country that the recent decision by the government to demonetise currency notes of Rs. 500/- and Rs. 1000/- denomination has affected everyone. However the consequence of this financial measure is lopsided and it will be mainly borne by the farmers, informal sector workers, women and the financially excluded.   Please check the links/ urls below this news alert to know everything about demonetisation. Till a few...

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Poor management of e-waste to attract financial penalty: govt

-PTI New Delhi: Considering the “phenomenal” growth of e-waste in the country, the Centre today notified the revised e-waste management rules 2016 under which improper management of such refuse leading to environment damage will invite financial penalty. While CFL and other mercury lamps have been brought within the ambit of the e-waste management rules 2016, a “Deposit Refund Scheme” has been introduced under which the producer of any computer, mobile phone or...

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Delhi, NCR likely to generate 50,000 metric tonnes of e-waste by 2015: Assocham -Arunav Sinha

-The Times of India LUCKNOW: India's capital is emerging as the world's dumping capital for e-waste, with hazardous activities taking place and like to generate e-waste to an extent of 50,000 metric tonnes (MT) per annum by 2015 from the current level of 30,000 metric tonnes per annum, growing at a compound annual growth rate (CAGR) of about 25%, according to an Assocham estimate. The Assocham latest study on "E-waste in India...

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India has addressed shortfalls in fight against black money: FATF

-PTI     FATF is an inter-governmental body that sets standards and promotes policies to combat money laundering and terrorist financing for countries across the world. In a major boost to measures being taken by India against money laundering and terror financing activities, the Financial Action Task Force (FATF) today said the country has substantially addressed the deficiencies in its regulatory framework and has become largely compliant with global standards in this regard. FATF is...

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Asia’s soaring consumption of raw materials unsustainable, UN warns

-The United Nations The Asia-Pacific region, which has overtaken the rest of the world in consumption of raw materials as affluence and manufacturing increase, must boost its resource efficiency or risk losing ground in lifestyle, economic growth and environmental sustainability, according to a UN report released today. From 1970-2008, consumption of construction minerals increased 13.4 times, metal ores and industrial minerals consumption 8.6, fossil fuels 5.4, and biomass 2.7 times, according to...

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