-The Hindu In order to have a chance of limiting temperature rise to 1.5 degrees Celsius, we need suitable technologies to make low-carbon transitions in development right away Now that the Paris Conference of the Parties (COP) meet is long over, countries need to concentrate on global greenhouse gas (GHG) emissions, which need to peak soon and go to zero by mid-century if there is to be a chance of preventing average...
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Fuel prices: ‘Government giving a penny, extracting a pound’
-PTI "The government, going by the price it is paying for international crude oil, should be selling petrol at Rs. 19.40 per litre instead of Rs. 59.03 per litre." Congress on Friday reacted sharply to the government’s handling of petrol and diesel prices accusing it of “giving a penny and extracting a pound” and attacked the Prime Minister for “playing a cruel and diabolic game with the people of the country.” “The government,...
More »Wholesale food inflation at 17-month high
-Business Standard Deflation in manufacturing continues, food inflation picks up Wholesale price index (WPI)-based deflation persisted for a 14th straight month in December, the index dropping 0.7 per cent as compared to one of almost two per cent in November. However, food inflation rose to 8.17 per cent, the steepest in 17 months, from 5.2 per cent. This was on more expensive vegetable and non-vegetarian items, prompting economists to say the Reserve Bank...
More »Widening the net beyond the income norm -Abhishek Jain & Shalu Agrawal
-The Hindu Less than 3 per cent of Indians pay income tax and a significant proportion under-reports taxable income. On December 28, 2015, the Ministry of Petroleum and Natural Gas announced the exclusion of high-income households from the LPG subsidy cover. As per the official press release, subsidy would not be available for domestic LPG consumers, if the consumer or his/her spouse had taxable income of more than Rs. 10 lakh for...
More »Delhi can deal with pollution -Kirit Parikh & Jyoti Parikh
-The Indian Express The Aam Aadmi Party’s strategy is a good one for some immediate relief. However, it must initiate action on all the other measures now. Delhi has become the most air polluted city in the world. Urgent and effective actions are needed to bring the pollution level down. The cost to the health of Delhi citizens far exceeds any cost that some may have to bear to reduce it....
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