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POSCO`s proposed $12 bn steel mill in east India

POSCO wants to build a USD 12 billion steel mill in eastern India, but the project has faced delays because of environmental worries and protests by local residents concerned about the mill's impact on their agriculture-based livelihoods. Here are some questions and answers about the project, which has already been delayed by three years: What is the project? The world's third-largest steel company wants to set up a mill in the eastern state...

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Climate funding may need taxes on flight tickets and forex deals, says U.N. report

Taxes on international flights, shipping and financial transactions, as well as a global carbon price of $20 to $25 may be key to annually mobilising $100 billion in climate funding by 2020, according to the United Nations high-level advisory group on climate change financing, which submitted its report in New York on Friday. At the U.N. climate summit held in Copenhagen last year, developed countries committed to a goal of jointly...

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Law on food security and media support by S Viswanathan

The Director-General of the U.N. Food and Agriculture Organisation, Dr. Jacques Diouf, announced at the Inter-Governmental Committee on World Food Security (CFS) that the combination of global food crisis and economic recession had taken the number of people affected across the world to over one billion. He described the number as “unacceptably high,” higher than in 1996 when the heads of states and governments committed themselves to reducing hunger by...

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A new target

The ‘Aichi Target' adopted by the Convention on Biological Diversity (CBD) at its Nagoya conference could not have come at a more appropriate time. The journal Science recently published a study by Michael Hoffmann and his colleagues titled “The Impact of Conservation on the Status of the World's Vertebrates.” This presents depressing data on threatened species. The scientists conclude that four important factors — agricultural expansion, logging, over-exploitation, and invasive...

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UIAI to provide 60 crore UID cards in four years

Unique Identification Authority of India (UIAI) is targeting to provide 60 crore Unique Identificationcards during the next four years. Delivering Pradyumna Bal Memorial lecture here on Sunday evening, UIAI chairperson Nandan Nilekani said the authority issued first sets of UID cards number 20,000 to 42,000 since September this year. The project, however, was facing challenge of inclusion of deprived and effective implementation, Mr. Nilekani said. Large numbers of Indians do not...

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