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India to cut emissions intensity -Vidya Venkat

-The Hindu On Thursday midnight, the Union Environment Ministry submitted its Intended Nationally Determined Contributions (INDCs) to the UN Framework Convention on Climate Change (UNFCCC), committing to cut the emissions intensity of GDP by 33-35 per cent by 2030 from 2005 levels. The INDCs, which lay out the blueprint for tackling climate change, emphasised eight key goals — sustainable lifestyles, cleaner economic development, reducing emission intensity of GDP, increasing the share of...

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India submits its climate action plan, asks rich nations to cooperate in achieving its goal -Vishwa Mohan

-The Times of India BERLIN: India on Thursday submitted its 'climate action plan' to a UN body at Bonn in Germany, telling the world that the country would fight the climate change by taking energy efficiency route and reducing its 'emission intensity' (carbon emission per unit of GDP) substantially as well as increasing the share of clean energy by huge 40% in its total energy mix by the year 2030. The country,...

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Clean power pledge by India -GS Mudur

-The Telegraph New Delhi: India has pledged to generate 40 per cent of all its electricity from non-fossil fuel sources by 2030 as part of its efforts to curb its earth-warming greenhouse gas emissions. In its submission to the UN climate change agency tonight, the Indian government has also announced plans to reduce its greenhouse gas emissions intensity by 33 to 35 per cent by 2030 from the 2005 level. India is among...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

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