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65% foodgrains of central pool lying in open in Haryana

-The Economic Times CHANDIGARH: Haryana government's claims of creating more space for storage of food stock are being questioned as over 65% wheat and rice stock of central pool is kept in the open in the state. With the Centre yet to lift 39.36 lakh tonne grains procured between 2009 and 2011, there is no space for paddy arriving and wheat expected to arrive after three months. "The food secretary has already assured...

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India’s crackdown on illegal mining is a huge bonus for big miners

-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and Export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...

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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Poor turning poorer as food prices zoom

-One World South Asia South Asia’s households fall into poverty as the result of higher food prices as food prices increase. According to the latest Food Price Watch, global food prices increased 10% between June and July 2012 with staples such as wheat increasing 25% in the period. The crisis continued affecting food and nutrition security throughout South Asia. Bad weather, trade curbs, oil prices and bio-fuel diversions have all led to...

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Bihar govt devises policy to encourage use of solar energy

-PTI PATNA: Suffering huge power shortage, the Bihar government has devised a policy to encourage the use of solar energy in the state that would provide tax incentives for installing such plants on wastelands. The state government has done a survey which revealed that there is a tremendous scope for development of solar energy, energy minister Bijendra Prasad Yadav said. Accordingly, the state government has devised a solar energy promotion policy to popularise...

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