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Growth of eight core sectors at 2.1% in July, down from 7.3% last year: Govt data

-The Indian Express The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.3 per cent in July last year. During April-July, the eight sectors grew by 3 per cent compared to 5.9 per cent in the same period the previous year. Growth of eight core industries slowed down to 2.1 per cent in July as against 7.3 per cent...

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Will foreign companies now 'loot' India's coal? -Abir Dasgupta & Paranjoy Guha Thakurta

-Newsclick.in Allowing 100% FDI in coal mining is raising apprehensions that foreign companies will now ‘plunder’ mineral resources for commercial purposes for sale in the open market. The Narendra Modi government’s decision to allow 100% foreign direct investment (FDI) in coal mining has been opposed by the Left on the ground it would enable multinational mining companies to “plunder” the country’s mineral resources. Those supporting the move, however, argue that foreign investment in...

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Planting forests no panacea for the climate crisis: IPCC -Tarun Gopalakrishnan

-Down to Earth The IPCC’s Special Report on Climate Change and Land says land-based carbon sinks are not limitless The carbon cycle is classically described in terms of ‘sources’ and ‘sinks’ of emissions. The electricity sector, which converts fossil fuels into light and heat, is a source (as are most human activities since the dawn of the industrial age). Identifying sinks is trickier. We know that, as a general principle, more forest cover...

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Farmers' Body Announces Nationwide Stir Against Modi Govt's MSP 'Betrayal' -Neha Mehrotra

-TheWire.in Accusing the government of having deceived farmers by not fulfilling its MSP promise, and yet claiming that it has, the AIKSCC has announced a series of agitations over the next four months. New Delhi: The All India Kisan Sangharsh Coordination Committee (AIKSCC), a coalition of over 180 farmer organisations across the country, has termed the announced hike in minimum support prices (MSP) a ‘historic betrayal’, and not a ‘historic increase’ as...

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Waiving off loans not a solution -Ashok Gulati and Gayathri Mohan

-The Indian Express First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. First, let us compliment both the parties—farmers and the state government—in Maharashtra’s agrarian crisis for reaching an amicable solution, at least for the time being, and averting a major chaos or violence. Farmers deserve appreciation for...

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