-DNA Mumbai: What is the first thing that comes to mind when you think of an irrigation project? Water? Well, that doesn’t seem to be the case with the Union Union Ministry for Forests, Environment & Climate Change (MoEF). How else would it have cleared the the Rs 4,845 crore, 23.66 TMC (thousand million cubic feet) Krishna Marathwada Lift Irrigation Scheme (KMLIS) without water availability? The environmental clearance given on 24th June...
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Towards a strategy for climate change talks -Montek S Ahluwalia
-Business Standard Nations below a level of per-capita GDP representing a peaking point could be allowed to expand total emissions The world's climate change negotiators will meet again in December in Paris. The good news is that all countries, including developing countries, have agreed to announce their "intended nationally determined contributions" (INDCs). The bad news is that they are nowhere near an agreement on action by individual countries that could limit global...
More »Book Review: Coping with Climate Change
If environmental degradation disturbs you and you are averse to reading technical manuals and copious volumes on the subject, there is some good news for you. A recently published book from Gene Campaign entitled Coping with Climate Change is doing the rounds among environmentalists, civil society activists, public servants and researchers. Edited by Dr. Suman Sahai, the book has been written in a coffee book style to make easy serious...
More »Highlights of Economic Survey 2014-15
-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...
More »21st century ‘hottest’ on record as global warming continues, UN agency warns
-The United Nations Devastating weather patterns and increasing temperatures will last into the foreseeable future as global warming is expected to continue, the United Nations World Meteorological Organization (WMO) confirmed today as it explained that 2014's ranking as the "hottest year on record" is part of a larger climate trend. "The overall warming trend is more important than the ranking of an individual year," WMO Secretary-General Michel Jarraud clarified today in a...
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