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Ahead of polls, govt raises allocation for rural development

-Deccan Herald With just a little more than a year left before the nation goes to polls, the Congress-led United Progressive Alliance Government has proposed to raise the allocation for rural development to Rs 80194 crore in 2013-14, although an amount of about Rs 21371 crore is estimated to be left unspent from the fund earmarked for the sector this year. The Ministry of Rural Development is likely to leave unutilized...

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Extreme Weather kills thousands of Ladakh’s pashmina goats -Atul Thakur & M Saleem Pandit

-The Times of India Last year's unusually dry summer and this winter's unprecedented snowfall, the worst in nearly 50 years, in Ladakh's Changtang area has claimed over 18,000 "pashmina" goats, the source of one of the finest varieties of wool that has put the region on the world map. Changtang is a high altitude plateau in southeastern Ladakh, inhabited by Changpa (Champa) nomads, and known for its harsh and semi-arid weather with...

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Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar

-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...

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Cold Claims 13 Lives in North India

-Outlook 13 people were killed in North India today due to biting cold which tightened its grip across the region. In capital Delhi, the maximum temperature was 16.6 degrees celsius, four notches below normal, while the minimum was 9.2 degrees celsius, two degrees above normal. In Uttar Pradesh, 13 people were killed due to cold in various parts of the state in the last 24 hours. While three persons died due to extreme cold...

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What did Doha achieve? -RK Pachauri

-The Indian Express The 18th Conference of the Parties (CoP 18) to the UN Framework Convention on Climate Change (UNFCCC) took place in Doha over two weeks, ending on December 7. There was a range of expectations expressed before the meeting. To resolve competing claims for hosting the conference, it was decided that Korea would host a pre-CoP meeting to help prepare for the CoP itself. The 17th CoP had been...

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