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Andhra CM appoints team to check paddy storage by Preeti Singh

Andhra Pradesh Chief Minister Kiran Kumar Reddy has stepped in to stop the rotting of grain. Just hours after CNN-IBN reported a record harvest of grain rotting because of lack of storage facilities Reddy has appointed a team of 10 IAS officers to supervise paddy procurement and has issued instructions to minimise wastage by ensuring a supply of gunny bags to warehouses. He has also reportedly asked officials to look into...

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Petrol price may be hiked by Rs 3

A hike in diesel and domestic LPG prices has been deferred for now, but an increase in petrol prices later this week looks imminent. An Empowered Group of Minister (EGoM) headed by Finance Minister Pranab Mukherjee was to meet on Wednesday to consider raising the diesel price by Rs 3-4 a litre and domestic LPG rates by Rs 20-25 per cylinder, but the meeting was deferred without assigning any reason. "No new...

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Govt to move bill to amend Land Acquisition Act: PM to RLD

Prime Minister Manmohan Singh on Tuesday assured a delegation of Rashtriya Lok Dal leaders that government will move the crucial bill to amend the Land Acquisition Act in the coming session of Parliament, its leader Ajit Singh said. After a half-an-hour long meeting with the Prime Minister, the RLD chief said that he apprised the former about the violence over land acquisition in Noida and reminded him about his commitment to...

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Renewable sources can meet most global energy demands – UN-backed report

Renewable energy sources such as solar power, wind, biomass and hydropower could meet nearly 80 per cent of the world’s energy supplies by 2050 if governments pursue policies that harness their potential, a United Nations-backed report released today says. The findings of more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC) indicate that if the path of renewable source is fully followed, greenhouse gas emissions could stay...

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Bid to restrict subsidised LPG use by R Suryamurthy

The government plans to restrict subsidised domestic LPG cylinders to six per household every year. For additional cylinders, consumers will have to pay the market price. Data show 65-70 per cent of households use 5-6 cylinders (14.2 kg) a year, while the remaining use more. In Calcutta, PSU oil marketing firms suffer a loss of Rs 329.73 by selling an LPG cylinder at Rs 365.10. A senior oil ministry official said the proposal...

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