The silence at Cancun on the future of the Kyoto Protocol has cast a cloud of uncertainty over the emission trading business (carbon credits) in India.Experts are interpreting the situation in different ways, with the overall view being that the emission trading business has to stay in one form or the other, if carbon emissions are to be reduced. However, for now, the $2 billion per year market for Indian...
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Differences remain over cash for grain by Liz Mathew
Differences between the National Advisory Council (NAC), headed by Congress party president Sonia Gandhi, and the government over the food security Bill have begun to narrow, but a suggestion by the agriculture ministry to offer cash to poor consumers in case sufficient foodgrain isn’t available remains a contentious issue.“We do not have any serious objections to the recommendations of the NAC. But the ministry wants to have the provision for...
More »Temperate accord on climate change
It would have been dismal if the low expectations for the United Nations climate change conference at Cancún had not been exceeded. This weekend’s unexpected, last-minute accord from nearly 200 countries will not save the planet. Huge obstacles remain. Nonetheless, the meeting produced the first UN-adopted pact to cut carbon emissions since Kyoto in 1997. Cancún was a success, albeit a modest one.It is not surprising that there is no...
More »Docs in the dock in Noida land scam
Top ICMR scientists transferred Rs 70- crore tract of govt land to themselves to build society flats If Mumbai's Adarsh scam saw former service chiefs, politicos and bureaucrats help themselves to flats meant for Kargil heroes and war widows, a multi- crore realty fraud allegedly involving senior scientists has been unearthed in Noida.The CBI has homed in on the retired top brass of the Indian Council of Medical Research ( ICMR)...
More »CM’s dream: Bihar food on all platters
Chief minister Nitish Kumar dreams big. His latest wish is to boost the agricultural output of the state to such an extent that every person in this nation has at least one food item from Bihar on his or her platter.“I want to take Bihar to the pinnacle. I dream of a day when every people in this nation will have at least one food item in their dish or...
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