-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...
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Railways starts first train that chugs on CNG
-The Times of India NEW DELHI: In significant step towards adopting green fuel, the railways have launched their first CNG train. Railway minister Suresh Prabhu flagged off the train, run on dual fuel system - diesel and CNG - on the Rewari-Rohtak section of northern zone. An official said introduction of CNG trains will reduce greenhouse gas emission and also cut the transporter's fuel bill by reducing consumption of diesel. The minister, who...
More »Shiv Sena continues to oppose 9,900 MW Jaitapur nuclear power project -Sanjay Jog
-Business Standard But the BJP govt at the Centre and state supports the project Mumbai: Despite being in the government, Shiv Sena has not revised its belligerent stance on the Jaitapur nuclear power project, and reiterated it on Monday. "There has been no change in the party's stand in this regard. Shiv Sena is strongly opposed to Jaitapur nuclear power project which may be highly dangerous for the environment and human being. Shiv...
More »Solar power can be the game-changer for inclusive growth -Vikas Gupta
-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...
More »Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
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