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Government saved over Rs.30,000 crore due to power privatisation, claims Minister

-The Hindu The Delhi Government has saved nearly Rs.30,000 crore due to power privatisation and this money has been invested in improving the infrastructure. This has resulted in meeting the peak power demand of up to 6,250 MW and minimal power cuts despite the average annual per capita power consumption in the Capital being 1,450 units, almost twice the national average, Delhi Power Minister Haroon Yusuf said while replying to a...

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India will overtake US in coal use by 2017

-PTI India is likely to be the second largest consumer of coal, surpassing the United States, in the next five years, says a report. “China and India would lead the growth in coal consumption over the next five years... while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States,” according to a report by International Energy Agency (IEA). The report further said that coal demand is expected...

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Land grab by MNCs in Africa cause for concern: experts -Gargi Parsai

-The Hindu ‘Governments must protect interest of producer, consumer’ The controversy regarding India’s permission to allow foreign direct investment in multi-brand retail and growing “land grab” in Africa by multinational corporations are being closely watched globally by agriculture experts, researchers and donors. At a workshop here on ‘Supporting Policy Research to Inform Agricultural Policy in Sub-Saharan Africa and South Asia’ — which a few journalists from both regions were invited to attend —...

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Coal to be king by 2017

-PTI Powered by the growth in emerging market giants China and India, coal is set to surpass oil as as the world’s top fuel source by around 2017, the International Energy Agency forecast on Tuesday. Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said, releasing its annual Medium-Term Coal...

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Punishment should take into account impact of crime: SC -Utkarsh Anand

-The Indian Express In what could give a legal validation to severe punishments in cases with grave “social consequences”, the Supreme Court has ruled that “punishment should acknowledge the sanctity of human life” and hence not just an act but its result must weigh heavy while ascertaining adequate penalty. Sending across a strong message to all trial courts to take note of the impact of a crime on the society and its...

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