-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...
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Tamil Nadu Govt Unveils New Solar Energy Policy
-Outlook Chennai: Attempting to capitalise on 300 clear sunny days available in the state annually, Tamil Nadu government today unveiled a new solar Energy policy, envisaging to produce over 3000 MW of power, exclusively from solar power, in the next three years. Christened as 'Tamil Nadu Solar Energy Policy 2012,' the new initiative of the Jayalalithaa government, with a slew of encouraging features, finds opportunity in the rapidly declining solar power costs...
More »Let's look at what really lies beneath -Prerna Bindra
-The Hindustan Times India's ailing economy has found a new scapegoat - environment and forests. For most things that go wrong these days, from power shortage to slow growth, the blame is tossed at the door of the ministry of environment and forests (MoEF), the paradigm being that forests, wildlife and green laws are hurdles to development. So much so, that a Group of Ministers established to 'rationalise' coal mining in forests...
More »A rank shame-Deepak Pental
-The Indian Express After QS and Times Higher Education published their rankings of universities across the world, higher education has become the subject of fierce debate in India. The highest ranking institutions from India are the IITs, but even these do not figure in the top 200. The general refrain — why does no Indian university find a place among the top global universities? Unfortunately, given our present policies on higher education...
More »Muddling along is no longer an option-Shyam Saran
-The Business Standard The default approach to reform - minimalistic and confused - will lead India into crisis It is encouraging that the Planning Commission has undertaken an innovative exercise in scenario building for the country as part of the Approach to the 12th Five-Year Plan. The results are available in a document titled “Scenarios: Shaping India’s Future”, which can be found on the Planning Commission’s website. The merit of the document...
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