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Rules for recycling

-The Business Standard E-waste disposal cannot ignore the informal sector The deadline for the enforcement of new electronic waste (e-waste) management norms is just a month or so away. And yet, most of the sector’s stakeholders seem quite unprepared. The E-waste (Management and Handling) Rules, 2011, notified almost a year ago as coming into effect from May 1 this year, require producers of electronic and white goods to take back their products...

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Pranab banks on indirect tax hike-Ashok Dasgupta

Token relief to individual taxpayers will cost the exchequer Rs. 4,500 crore In a “pragmatic and domestic growth-oriented” budgetary exercise aimed at shoring up investor confidence and investment, Union Finance Minister Pranab Mukherjee on Friday sought to tap indirect taxes, especially service tax, to rake in an additional Rs. 45,940 crore into his kitty. Presenting the budget for 2012-13 in Parliament, Mr. Mukherjee provided a token relief to individual taxpayers that will cost...

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Small loans add up to lethal debts by Erika Kinetz

-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

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Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise

-The Economic Times   In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda.  Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...

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Banishing darkness from Indian villages by Shailaja Sharma

Eureka Forbes, known for its water purifiers, is now out to banish darkness from Indian villages with its solar lighting products. Its Eurodiya brand of solar bulbs are made with US-based Nokero (short for ‘no kerosene’) that makes affordable solar bulbs, panels and chargers for communities that have no access to electricity. Over 85,000 villages (or 63% of rural India) are without electricity. Eurodiya is expected to be an alternative to...

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