-The Telegraph New Delhi: The US today pledged financial and technical assistance to help India expand its renewable energy programme, monitor air quality over its cities and improve India-specific climate forecasts among new initiatives on energy and climate. A joint statement issued tonight after delegation-level talks led by Prime Minister Narendra Modi and US President Barack Obama outlined proposed actions that could help India curb its growth of greenhouse gas emissions and...

-The Hindu "World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity" There is now a consensus the world over that the free market economic model does not work, said World Bank chief economist and former Chief Economic Adviser to the government of India Kaushik Basu on Sunday. Dr. Basu was speaking at a function organised here by the ‘Ideas for...

-The Indian Express Yet another depressing charade played out at Lima, Peru, where the 20th conference of the parties (COP) to the United Framework Convention on Climate Change (UNFCCC) concluded on December 14, with a 43-page negotiating text, with several alternative formulations for virtually every provision. It is unlikely that, within the deadline set by the Paris COP in December 2015, an agreed text will be negotiated, especially since Lima has...

-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...

-The Indian Express Attitudes toward climate change in India can appear paradoxical. Although India is one of the countries most deeply vulnerable to climate impacts, climate change does not rank high on policymakers' list of concerns. Two factors explain this inattention. First, India has pressing and immediate development concerns, such as providing sanitation, improved healthcare and access to affordable energy to its population, while the effects of climate change appear abstract...