-The Economic Times NEW DELHI: A study commissioned by the Planning Commission to validate the growth estimates of the Twelfth Five-Year Plan has thrown up a rather depressing outlook for the economy, sending alarm bells ringing in the government. An independent think tank, the National Council for Applied Economic Research (NCAER), has pegged average annual growth for the Twelfth Plan at a mere 4.8%, if the present logjam in policymaking continues. The NCAER...
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LPG use in country falls due to cap on subsidized cylinders -Rajesh Chandramouli
-The Times of India CHENNAI: A tight vigil against diversion of subsidized fuel meant for domestic use seems to be paying off. The consumption of liquefied petroleum gas (LPG), commonly called cooking gas, has started to dip since government capped sale of subsidized cylinders to every household and for the first time ever, sales have fallen for two successive months in comparison to the corresponding period of the previous year. Consumption...
More »Rising temperatures, Excessive rainfall, heat extremes no longer distant risks: World Bank -Urmi A Goswami
-The Economic Times NEW DELHI: Rising temperatures on account of checked climate change would lead longer warm spells, heat extremes by as much as one-fifth of South Asia's land mass, and a higher incidence of excess rainfall. These are no longer distant risks according to the World Bank. By 2040, unprecedented heat could affect more than 5% of South Asia's land mass. And if efforts to counter rising temperatures are not...
More »Disaster management is a disaster -Anil Joshi
-The Times of India We have a PM-led National Disaster Management Board. But the latest CAG report says none of its plans seem to have worked since its inception. The question is not what the CAG report says and who leads the board's policies. To me, at least boards like these should have the experience of the community. Such boards are led by experts who have never experienced any disasters. That...
More »Rise in global temperatures may impact monsoon, farm yields: Report
-The Economic Times NEW DELHI: An expected 2°C rise in the world's average temperatures in the next decades will make India's monsoon highly unpredictable and by 2040, the country will witness a sharp reduction in crop yields due to extreme heat, a report commissioned by the World Bank cautioned on Wednesday. It said shifting rain patterns will leave some areas under water and others without enough water for power generation, irrigation or,...
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