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Issues like food prices, PDS can hurt cash transfers plan in food-Madan Sabnavis

-The Economic Times Cash transfers will become a reality soon, and one area that the government is going to align with this mechanism is the Public Distribution System (PDS). While, prima facie, it appears to be a good idea, given that it removes quite a bit of inefficiency in the present system, there are certain issues that have to be addressed before we go in for the same as they could become...

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UN report warns of widening climate gap

-AP STOCKHOLM: A U.N. report on rising greenhouse gas emissions reminded world governments on Wednesday that their efforts to fight climate change are far from enough to meet their stated goal of limiting global warming to 2°C (3.6°F). The report by the U.N. Environment Programme, released just days ahead of a major climate conference, said the concentration of heat-trapping greenhouse gases like carbon dioxide in the atmosphere is up about 20 per...

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Targets for limiting global warming further out of reach: UN

-AFP PARIS: The gap has widened between countries' pledges for reducing climate-altering greenhouse gas emissions by 2020 and what is needed to keep planet warming in check, the UN warned on Wednesday. Based on current pledges, global average temperatures could rise by three to five degrees Celsius (5.4 to 9.0 degrees Fahrenheit) this century -- way above the two degree Celsius being targeted, said a UN Environment Programme (UNEP) report. Urgent and decisive...

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Affordable power to all households in next 5 yrs: PM

-The Business Standard Government taking steps to offer cooking gas to all rural households  India plans to provide affordable electricity to all households in the next five years, Prime Minister Manmohan Singh said today. "The Government of India aims to provide 24x7 electricity to all households in the country and affordable access to electricity in the next 5 years," he said inaugurating an International Seminar on Energy Access organised by the Ministry of...

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A claim to shame -Sitaram Yechury

-The Hindustan Times In response to the widespread protests and the nation-wide hartal last Thursday, Prime Minister Manmohan Singh addressed the nation on Friday and tried to explain why these decisions had become inevitable. The thrust of his argument was, “We need a revival in investor confidence, domestically and globally.” For this, the current high fiscal deficit must be contained and, hence, the hike in the prices of diesel and cap on...

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