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Highlights of Union Budget 2016-17

-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...

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Growing crackdown on activists

-The Hindu The audacious and unprovoked attack last week on a group of activists who held a peaceful rally in Rajasthan can only be explained in terms of the rising resentment on the part of the ruling class towards civil society organisations demanding accountability. Flagged off by social activist Aruna Roy, the Jawabdehi Yatra was aimed to spread awareness about government schemes and raise the issue of accountability in their implementation....

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Draft Paris pact stresses ‘voluntary contributions’ -G Ananthakrishnan

-The Hindu India says it is ready for a regime of stocktaking of future carbon emissions. In a clear signal that active diplomacy is at work to forge an agreement in Paris based on voluntary pledges, one that is subject to transparent monitoring, India said on Friday that it was ready for a regime of stocktaking of future carbon emissions. The U.S., on its part, said it had “nothing but respect” for...

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India submits its climate action plan, asks rich nations to cooperate in achieving its goal -Vishwa Mohan

-The Times of India BERLIN: India on Thursday submitted its 'climate action plan' to a UN body at Bonn in Germany, telling the world that the country would fight the climate change by taking energy efficiency route and reducing its 'emission intensity' (carbon emission per unit of GDP) substantially as well as increasing the share of clean energy by huge 40% in its total energy mix by the year 2030. The country,...

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Power outages likely as state run generators ask discoms to clear dues or face supply cuts -Debjoy Sengupta

-The Times of India KOLKATA: Consumers could face long power outages in the coming days as a deficient monsoon and sweltering heat in most parts of the country have raised electricity demand while state run power generators are threatening to cut off supplies to distribution companies (discoms) unless they pay up Rs 20,000-crore outstanding bills. As nearly 80 per cent of the dues are owed by northern and eastern utilities, states like...

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