Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down. Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape. The Rajya Sabha later unanimously adopted the motion: “This House...

Pickers say waste-to-energy incineration plants increase emissions and take away their only means of survival. The waste-pickers who scour the world's rubbish dumps and daily recycle thousands of tonnes of metal, paper and plastics are up in arms against the U.N., which they claim is forcing them out of work and increasing climate change emissions. Their complaint, heard on Wednesday in Bonn where the U.N. global climate change talks have resumed. The...

According to a new Oxford University study, 55 percent of India’s population of 1.1 billion, or 645 million people, are living in poverty. Using a newly-developed index, the study found that about one-third of the world’s poor live in India. The Multidimensional Poverty Index (MPI) has been developed by the Oxford Poverty and Human Development Initiative and the United Nations Development Program (UNDP) as a more precise and comprehensive means of...

After failing to come anywhere near the 10th Five Year Plan (2002-07) target of 4 per cent per annum rate of growth of agricultural output, the Planning Commission has projected a lower target growth rate of 3 to 3.5 per cent per annum for the 11th Plan period. While some may view this as a more modest target, others may consider it as still far too ambitious, given the track...

HCL Infosystems' led consortium with Accor Services and Virgo Softech has bagged a contract from Madhya Pradesh government for implementing food coupon-based targeted public distribution systems (PDS) in the state. According to a company release, the project would involve setting up a model of food and civil supplies distribution in the state based on the Unique Identification Authority of India (UIDAI) guidelines. The order is for over 10 million expected...