The time has come for optimal pricing of water and power to prevent an unlimited pumping of groundwater and aid better coordination amongst competing demands for the scarce resource, Prime Minister Manmohan Singh said here on Tuesday. Dr. Singh's observations come at a time when there is a debate on the pricing of water and privatisation of services in the sector. The Ministry of Water Resources is working on a reforms-oriented...
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Africa and Asia to lead urban population growth in next 40 years-UN report
-The United Nations Africa and Asia together will account for 86 per cent of all growth in the world’s urban population over the next four decades, the United Nations said today, adding that this unprecedented increase will pose new challenges in terms of jobs, housing and infrastructure. Africa’s urban population will increase from 414 million to over 1.2 billion by 2050 while that of Asia will soar from 1.9 billion to 3.3...
More »Capital formation in agriculture up 87% in last 6 years: Official
-PTI The Gross Capital Formation (GCF) in the agriculture and allied sectors in the country rose by 87 per cent to Rs 1,42,254 crore in the 2010-11 fiscal as compared to 2004-05, an official statement said today. "As per annual report of the Department of Agriculture and Cooperation for the year 2011-12, GCF in agriculture and allied sectors in 2010-11 was Rs 1,42,254 crore. It was Rs 76,096 crore in 2004-05," it...
More »Well-intentioned car tax but miles to go by Sobhana K
-The Telegraph The Union urban development ministry has proposed three new taxes on private vehicle owners: on vehicle purchases, petrol and insurance. The aim is to fund public transport in cities and deter the use of private vehicles The Rs 40,000 crore that the ministry proposes to raise annually through the “green surcharge”, “green cess” and “urban transport tax” is to go to a national urban transport fund that will finance transport schemes. Urban...
More »Delhi's irony: Urban Poverty-Srinand Jha
Each time 25 year old Salma takes her one year old son Zubair to the Batla Clinic (a private clinic in Delhi) for a shot of the DPT, the cost of transportation and the vaccine adds up to approximately Rs.500. When it is time for Zubair to take the next immunization dose, Salma may find that the expenses have entirely spiraled out of her reach. New vaccines and expensive brands of baby...
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