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Fertiliser subsidy to hit Rs 1 lakh crore; ministry to seek more funds by Rituraj Tiwari

The fertiliser ministry may seek more funds from the finance ministry to meet its subsidy obligations as it needs more than the allocated amount to take care of the rising subsidy bill, a top official said.  "We have already received 17,700 crore in addition to the budgetary allocation of around 50,000 crore. But we still need more funds, and the amount will be finalised in consultation with the finance ministry," said...

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Maheshwar dam power cost put at Rs. 10 a unit by Gargi Parsai

The worst fears of the Madhya Pradesh unit of the Narmada Bachao Andolan (NBA), have come true with regard to the high per unit cost of power to be produced by the controversial privately-owned Maheshwar hydro project in Madhya Pradesh: Information revealed through an RTI application shows that the private company developing the dam has projected the average cost of electricity to be produced at a whopping Rs. 10 per...

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Equity must be basis of climate talks: PM

-The Times of India In one of his most emphatic public statements reaffirming the return of 'equity' in India's climate change stance, Prime Minister Manmohan Singh said global cooperation on climate change "must be based on the foundation of the right to development and the need for an equitable distribution of burden".  Coming days before India makes its submission outlining the frame for a post-2020 climate regime, PM's statement was a closely...

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Snakes and ladders by Amartya Sen

Like many board games that were developed in India, of which chess is perhaps the most important and famous, the game of “snakes and ladders” too emerged in this country a long time ago. With its balancing of snakes that pull you down and ladders that take you up, this game has been used again and again as a metaphor for life, telling us about our fortunes and misfortunes, and...

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Malaria toll 46 times govt count: Study by Kounteya Sinha

Malaria deaths in India could be more than 40 times higher that what is presently estimated. New research published in the Lancet shows that malaria kills 1.2 million people worldwide each year - twice as high as the figure in the World Malaria Report, 2011. In India, the study estimates that "4800 malaria deaths in children younger than 5 years and 42000 malaria deaths in those aged 5 years or older," for...

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