-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...
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Agriculture Ministry closely monitoring advance of monsoon by Gargi Parsai
-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...
More »India’s low-carbon growth strategy-Nicholas Stern & Kirit Parikh
-The Indian Express Rich countries must stop lecturing developing countries and accelerate their own efforts to cut emissions There is no shortage of people telling India what to do on low-carbon growth, but there is a shortage of understanding of what India is doing. Even the UNDP in its recent Asia Pacific Human Development Report urges emerging economies like India to do more for climate change. If one appreciates what India’s emissions are...
More »Rio+20: What Is at Stake By: T Jayaraman, Divya Singh Kohli & Shruti Mittal
There are major issues at stake in the Rio+20 Summit on Sustainable Development to be held on 20-22 June. Yet governments of developing countries have not given adequate importance to the run-up to the conference. As has happened in the climate change negotiations, the outcome draft now under negotiation shows a concerted move to rewrite the terms of global environmental governance. There is an attempt to push through the decidedly...
More »We need a new anti-Maoist strategy
-Live Mint Rural development minister Jairam Ramesh is advocating a new approach to fighting the Maoist insurgency that has gripped 78 districts so far. Apart from development and security, the approach involves politics and justice, he said. In an interview, Ramesh warned that in the rush to attain high growth rates, India was placing the interests of tribals below that of mining firms. The minister suggested the setting up of a...
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