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Urban homes emit more greenhouse gases than industry -Vinayashree Jagadeesh

-The Times of India CHENNAI: The industrial sector has been taking the flak for emitting high levels of hazardous gases over the years but it might ultimately be our homes that are responsible for the highest emission of greenhouse gases. A recently published study conducted by the Centre for Ecological Sciences of the Indian Institute of Science, Bengaluru, found that the domestic sector was one of the highest contributing factors to greenhouse...

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New solar-powered pump promises to end farmers' irrigation woes

-PTI Vadodara: The farmers in the country can do away with their dependence on conventional forms of energy for operating pumps to water their fields as a private company has come up with a solar-energy operated pump, which will also reduce environment pollution. ABB India has developed a solar-powered water pump for irrigating crops with rural India facing problems in the supply of electricity and availability of diesel for operating gensets. "ABB solar...

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Budget silences -Bina Agarwal

-The Indian Express The budget aims at economic growth and social protection. This is welcome. So are provisions for financial inclusion, housing, water, sanitation and rural electrification. But there are also substantial cuts in crucial social sectors and key omissions that are likely to undermine its stated economic objectives. Consider agriculture, environment and women. First, double-digit growth or poverty reduction is unlikely without strong, sustained agricultural growth. In 2014-15, agriculture grew at...

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Highlights of Union Budget 2015

-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...

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Highlights of Economic Survey 2014-15

-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...

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