The city-based Indian National Centre for Ocean Information Services (INCOIS), which ruled out a tsunami threat for the Indian Ocean on Friday, reconfirmed on Saturday that the sea levels in the Indian Ocean were not different from what had been anticipated. INCOIS issued the first bulletin just seven minutes after the massive undersea quake near the east coast of Honshu in Japan on Friday. The Indian Early Tsunami Warning System, based on...
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Closure of vaccine units not justified: parliamentary panel
The 3 PSUs had complied with the good manufacturing practice norms Closure decision was based on misinterpreted signals from WHO Taking a critical view of the manner in which the manufacturing licences of three public-sector vaccine producing units were suspended, a Parliamentary panel has said it was abundantly clear that the decision was based on a major misconception and due to the misinterpretation of certain unclear signals in the communication from the...
More »Centre slashes MEP for onions by 25% to $450
In a major relief to farmers and exporters, the Centre on Wednesday slashed the minimum export price (MEP) for onions by 25 per cent to $450 a tonne from $600. “Minimum Export Price of onions other than Bangalore Rose onions and Krishnapuram will be $450 per tonne freight on board,” Directorate General of Foreign Trade (DGFT) said in a notification. Last month, the government had lifted a ban on onion exports after...
More »Why agriculture policies are outdated and contradictory by MJ Prabu
The Government does not bother to know what crops are being sown “India's daily turnover from vegetables and fruits could be easily about Rs. 275 crores (US$ 59 million). The estimated cost of ‘wastage' per day, is around Rs. 130 crores (US$ 27 million). In summary, it's a lot bigger than some of the Indian IT sector's daily turnover”, says Mr. Venkat Subramanian, Founder and Managing Director, Matchbox Solutions, a company...
More »India angry, blames govt for corruption, inflation
Inflation is beginning to hurt seriously, corruption is at an all-time high and the government is not doing enough to tackle either problem. That is the way India's big cities feel on the two big issues dominating headlines in recent months, according to an 8-city survey done exclusively for TOI. Asked what impact rising prices have had on their household budgets, only 3% said it has had a small impact. About...
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