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Jairam refers final decision on Mahan coal block to GoM

-The Hindu   Environment Minister Jairam Ramesh has refused to issue forest clearance to the Mahan coal block in the Singrauli field of Madhya Pradesh, meant for the use of Essar and Hindalco power plants. However, this is not the final rejection. Instead, Mr. Ramesh has merely washed his hands of on the issue and passed the buck to a Group of Ministers to take a final decision. However, he has recommended that...

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Consumption expenditure still tilted towards food

-The Business Standard   Indian economy has been on a sustained growth path, but Indians are still spending a major chunk of their expenditure on food items. Per capita consumption expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...

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Income gap rises in India: NSSO by Asit Ranjan Mishra

Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...

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World Population to Hit Seven Billion by October by Thalif Deen

The United Nations commemorates World Population Day next week against the backdrop of an upcoming landmark event: global population hitting the seven billion mark by late October this year. According to current projections, and with some of the world's poorest nations doubling their populations in the next decade, the second milestone will be in 2025: an eight billion population over the next 14 years. Dr. Babatunde Osotimehin, executive director of the U.N....

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12th Plan water reforms to be pro-farmer, tech-savvy: Plan Comm

-PTI   Pro-farmer, tech-savvy reforms will made for the development of water resources in the 12th Five-Year plan, which begins next year, a member of the Planning Commission said here yesterday. The focus would be on technology to manage water resources, promote the use of recycled water among industries and pay per use, said Planning Commission Member Mihir Shah, who holds the charge of water in the commission. Technology would help both large...

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