A UN expert body on Thursday said surge in food prices in India is a matter of concern, but retail price inflation will cool down to 7.5% this year from around 12% last year. The UN Economic Social Commission for Asia and Pacific (Escap) also projected the economy to grow by 8.3% in 2010-11, compared to estimated 7.2% last fiscal, fueled by the recovery in Investment and private consumption. “In India, consumer...

The recent high-profile cobalt radiation exposure case in Delhi is a warning signal for bigger disasters waiting to happen. While the reported incident is not commonplace, India is home to a large and rapidly growing inventory of hazardous waste. Much of this is handled by the poor in an extremely crude manner without observing any safety norms. Part of this hazardous waste is even dumped in landfill sites where many...

Planning Commission Member, Professor Abhijit Sen, has observed that bad management of food grains and a high economic growth rate, particularly in the non-agricultural sectors, had led to spiralling prices of food grains. Prof. Sen was delivering the Prof. L S. Venkataramanan Memorial Lecture on ‘Inclusive Growth', at the Institute for Social and Economic Change, here on Thursday. Prof. Sen said the economic growth rate of 9 per cent led to increased...

North-East should go for Investment in public-private-partnership basis for more development work, member of planning commission B K Chaturvedi said here today. "Since public invest has been sufficient, the states should opt for public-private-partnership in a big way in different areas of both physical and social developments," he said while speaking at Moatsu-cum-Roadshow programme here. Chaturvedi, who looks after North-East in Planning Commission, feels the region lags in many areas and NE...

Global biodiversity has been declining alarmingly despite a pledge by world leaders in 2002 to help curb the loss of earthly life forms, a new United Nations-supported study shows. “Our analysis shows that Governments have failed to deliver on the commitments they made in 2002: biodiversity is still being lost as fast as ever, and we have made little headway in reducing the pressures on species, habitats and ecosystems,” said...