-The United Nations World leaders, along with thousands of participants from governments, the private sector, non-governmental organizations (NGOs) and other groups will come together in Rio de Janeiro, Brazil, to take part in the UN Conference on Sustainable Development (Rio+20) later this month. The Conference seeks to shape how countries and their citizens can reduce poverty, advance social equity and ensure environmental protection to achieve long-term growth. Seven key areas have been identified...
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Indians 55th biggest clients of Swiss banks
-PTI Indians' money in Swiss banks may have risen for the first time in five years, but they account for a meagre 0.14 per cent of total foreign wealth deposited there — putting India at 55th place internationally for such funds. The total overseas funds in Switzerland's banking system stood at 1.53 trillion Swiss francs (about Rs 90 trillion) at the end of 2011, which included 2.18 billion Swiss francs (Rs 12,700...
More »Watershed in fight for survival-Vibhu Nayar
-The Hindu The United Nations Conference on Sustainable Development (Rio+20) is set to take place on June 20 at Rio de Janeiro, 20 years after the 1992 Earth Summit on Environment & Development. World leaders, experts, and U.N. agencies are expected to take stock and reaffirm global commitment to sustainable development. The summit is taking place against the backdrop of threats of catastrophic climate change, unprecedented environmental degradation and widespread market...
More »Poor want ration, not cash: Activists
-IANS The government's plan to replace the public distribution system (PDS) with direct cash transfer into people's accounts under the proposed Food Security Bill is not getting any takers, some social activists said here Friday. According to the proposal, the PDS through which subsidised foodgrains are made available to people will be replaced with direct cash subsidies where a fixed amount will be transferred into people's Bank Accounts each month. Talking to media...
More »Delhi govt announces scheme to make city kerosene free
-PTI Aiming to make Delhi the first kerosene free city in the country, Delhi government today announced a scheme under which cash subsidy of Rs 2,000 will be provided to each of the about 1.75 lakh households for obtaining an LPG connection and purchase of a gas stove. The ambitious scheme was announced by Chief Minister Sheila Dikshit while presenting the annual budget for the year 2012-13. An amount of Rs...
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