-The Hindu India should take its cue from Brazil and invest in ethanol as a viable commercial substitute for costly petrol The public and media were outraged recently after a suggestion that petrol stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India's foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase...
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Millionaire mukhiyas -Alok Gupta
-Down to Earth Money pumped in development schemes in Bihar is giving rise to a new breed of village heads, flush with money and flexing muscles About a year ago killings and a spurt in the purchase of arms and luxury vehicles in extremely backward villages started to bother the Bihar police. It spied and found that mukhiyas, or village heads, had multiplied their assets beyond imagination. It took the police six...
More »Pulling manufacturing out of the rut-Arun Maira
-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...
More »Few nations can achieve child mortality reduction goal set for 2035: report -Kundan Pandey
-Down to Earth 'Only nine of 74 nations where most under five deaths occur can achieve goal of 20 deaths per 1,000 live births if current trends continue' In June 2012, at a global meeting convened by UNICEF and the governments of Ethiopia, India, and the US, a target 20 or fewer deaths (per 1,000 live births) among children under five was proposed to be achieved by all countries by 2035. International...
More »PFRDA Bill gets President assent
-PTI President Pranab Mukherjee on Friday gave his assent to the Pension Bill, which provides for Investment of funds in equity market and opens the sector to up to 26 per cent FDI. The long-pending Pension Fund Regulatory and Development Authority (PFRDA) Bill was passed by Parliament on September 6. "The PFRDA Bill, 2013 has received the assent of the President of India," an official statement said. The legislation provides subscribers a wide choice...
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