-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...
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Average Indian’s life expectancy up 4.6 years -Kounteya Sinha
-The Times of India An average Indian lived 4.6 years longer in 2008 compared to a decade earlier. An average Indian woman lived three years more than her male counterpart in 2008. While the life expectancy at birth for women was 67.7 years, for men it stood at 64.6 years. This was an increase of 2.5 years and 1.8 years, respectively, when compared to the life expectancy (LE) in 2002. According to the...
More »‘Perfect storm’ that shook
-The Telegraph The enormity of the real challenge before Manmohan Singh is far higher than that posed by Mamata Banerjee. A “perfect storm” is gathering around the economy, according to a Centre-commissioned report packed with suggestions for a series of tough measures that will affect daily life and test the government’s resolve to wade further into unpalatable waters. The report presented by the Vijay Kelkar panel, which was asked to suggest a road...
More »Kelkar panel for scrapping all subsidy; says no action will push FY13 fiscal deficit to 6.1%
-NDTV The Kelkar committee has said subsidies pose the greatest risk to the country's fiscal situation, while suggesting that the excise and service tax rates should be cut to 8% over the next few years. The panel calls for the need to step up disinvestment drive in state-run firms for fiscal consolidation. It says diesel should be deregulated by 2014 and all subsidy on cooking gas be cut by 2015. All subsidies must be...
More »El Nino may soon return: UN weather agency
-AFP GENEVA: The El Nino weather phenomenon could return within days but will be relatively weak compared with past episodes, the UN's weather agency said Tuesday. The surface of the Pacific warmed in July and August, providing part of the mix necessary for El Nino to develop, the World Meteorological Organization (WMO) said. There is a "moderately high likelihood for El Nino conditions to develop during September or October," the WMO said. If it...
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