The only difference is in revenue loss, which the investigating agency CBI put at Rs.30,984 crore The Central Bureau of Investigation's first charge sheet in the 2G spectrum allocation scam is almost identical to what the Comptroller and Auditor-General of India (CAG) said, except for the figure of revenue loss, which the CBI has put at Rs.30,984 crore. The CBI agrees with the CAG audit findings that the former Telecom Minister, A....
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Securing food for an emerging India by Rana Kapoor
The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
More »High food prices keep millions in Asia-Pacific region in poverty – UN
High food prices prevented more than 19 million people in the Asia-Pacific region from lifting themselves out of poverty last year, the United Nations said in a new study released today, warning that soaring food and fuel inflation will keep large sections of the region’s population below the poverty threshold. The assessment by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) says that rising food prices can...
More »World Bank approves $150 mn loan for India's NeGP
The World Bank has approved $150 million in loan for India to accelerate implementation of its National e-Governance Plan (NeGP), which is aimed at transforming the service delivery system across the country. While this World Bank loan will not target specific services per se, it will initiate policy and institutional actions that will impact all the services. The loan will support NeGP - approved in May 2006 as a national programme -...
More »Call for nuclear review
A group of citizens including several senior scientists has called on the Centre to review its nuclear power policy for appropriateness, safety, costs, and public acceptance, and conduct an independent and transparent safety audit of its nuclear facilities. The group, including P. Balaram, director of the Indian Institute of Science, Bangalore, economist Jean Dreze, and A. Gopalakrishnan, the former director of the Atomic Energy Regulatory Board, has said that while this...
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