-The Hindu As the situation in Kudankulam and nearby areas remained incident-free but tense on Tuesday after a day of violent protests, officials said a team of the Atomic Energy Regulatory Board (AERB) finished yet another inspection and preparations were almost complete for loading enriched uranium in the first of the two 1,000-MWe reactors of the Kudankulam Nuclear Power Project (KKNPP). As fuel-loading is expected to begin in the next 48 hours,...
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The Parthasarathi Shome Committee Report-Prabhat Patnaik
-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...
More »Waiting for rain-PK Joshi
-The Indian Express As drought pushes up food prices, India must invest in new irrigation methods The Speculation on the delay of the monsoons and below-normal rainfall this year is not new to India. But the drought in the maize belt of the United States — that is, in the Midwest — was unexpected. The impact of the drought will be felt on wheat and soya bean production. This will eventually lead...
More »Ministerial panel to meet again to discuss drought
-The Times of India The empowered group of ministers headed by agriculture minister Sharad Pawar is likely to meet again on Wednesday to discuss measures to counter the impact of spreading drought. The meet, the second in successive weeks, will take place after the India Meteorological Department officially announced a 15% deficit in rainfall for the monsoon season of 2012. Pawar has just concluded his first tour of drought affected states...
More »Food and consumer affairs ministry to curb Speculation in futures trading-Rituraj Tiwari
-The Economic Times The food and consumer affairs ministry plans stern action to curb any speculative trading of grains in the futures market after an emergency meeting slated for later this week to review the price situation. Food and consumer affairs minister KV Thomas is taking a daily stock of prices as the country grapples with a below- normal monsoon. "After reviewing the situation in the futures market, we will send the...
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