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India’s low-carbon growth strategy-Nicholas Stern & Kirit Parikh

-The Indian Express   Rich countries must stop lecturing developing countries and accelerate their own efforts to cut emissions There is no shortage of people telling India what to do on low-carbon growth, but there is a shortage of understanding of what India is doing. Even the UNDP in its recent Asia Pacific Human Development Report urges emerging economies like India to do more for cLIMate change. If one appreciates what India’s emissions are...

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Excise levy may be raised on diesel cars-Amrit Raj

Finance ministry asks automobile sector to submit a report on the impact of such a move within a week’s time The government appears to have made up its mind to increase excise duty on diesel cars to neutralize the advantage of the state subsidy that has prompted motorists to increasingly favour vehicles powered by the fuel that’s Rs.30 a litre cheaper at the pump than petrol. Indications that the government is leaning...

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Govt plans credit guarantee fund for education loans-Prashant K Nanda & Remya Nair

India is setting up a Rs.5,000 crore credit guarantee fund to facilitate easy education loans to needy students by providing protection against defaults to banks. The move was endorsed at a meeting of the Central Advisory Board on Education (CABE), the highest education advisory body to the government that comprises academicians, industry experts and state education ministers, human resource development (HRD) minister Kapil Sibal told reporters Wednesday. “CABE members endorsed the initiative to...

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Steel isn't green

-The Business Standard Better regulation of the sector is needed The environmental performance of the Indian iron and steel industry is poor, according to the latest indices released by the Green Rating Project of the Centre for Science and Environment. On a scale of 10 (the theoretical best), the global best practitioners score eight, while the Indian leaders score only two. The steel industry, if it chooses to ignore this index, will...

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Achilles’ heel of social policy

-The Indian Express Jairam Ramesh’s criticism of NREGA highlights that a rights-based approach to poverty reduction cannot work without improving implementation The clamour for the right to social pensions is another attempt to deal with the Indian state’s inability to provide adequate social protection to its poorest citizens through targeted programmes. India’s vulnerable continue to be excluded from social safety nets. The multi-layered problems with social welfare schemes can be summarised in...

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