-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...
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Mining Bill lapses, sector avoids 'meltdown'
-The Business Standard The future of the Bill will be decided by the next government The United Progressive Alliance's (UPA) attempt to overhaul the 50-year legislation governing the corruption-ridden mining sector has fallen through with the new mining Bill lapsing. The Mines and Minerals Development and Regulation Bill had proposed sharing of miners' profits with the project-affected, among others, but with the Lok Sabha being dissolved, the Bill has lapsed. Many from the sector...
More »Indian scientists criticise World Bank report on climate change in Himalayas -Jyotsna Singh
-Down to Earth Report lacks region specific-information; methodology used is questionable, say experts in India A recent World Bank report recommending reduction of common pollutants like soot or black carbon and methane in the Himalayan region to slow global warming has drawn severe criticism from Indian scientists. Reducing emissions of black carbon and methane can not only save lives by reducing air pollutants in atmosphere but also bring down ice melt which is...
More »With Teesta, Veerappa Moily clears 65 projects in just two weeks
-The Financial Express Veerappa Moily says environment will be protected but won't be biased against industry. After Posco and Tawang, environment minister M Veerappa Moily has cleared the state-owned NHPC's 520 MW Teesta-IV hydro-electric project in Sikkim, thus having approved three big projects in three days, which were stuck despite having clearances from all other statutory and related bodies. Veerappa Moily, who approved the Teesta project on January 9, said at the Express...
More »Changes to be made to 13 laws for land acquisition
-DNA Union minister for rural development Jairam Ramesh said on Wednesday that within one year amendments will be made to 13 central government laws for the effective implementation of new land acquisition law which came into effect from January 1. "From now onwards no land will be acquired or purchased on the basis of 1894 Act in which government was the sole decider and farmer did not have any say," said Jairam...
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