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Let’s not overrate foreign investment -Pulapre Balakrishnan

-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...

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Flunking Atomic Audits-MV Ramana

-Economic and Political Weekly The recent Comptroller and Auditor General's report on the Atomic Energy Regulatory Board and, more broadly, on nuclear safety regulation has highlighted many serious organisational and operational flaws. The report follows on a series of earlier CAG reports that documented cost and time overruns and poor performance at a number of nuclear facilities in the country. On the whole, the CAG reports offer a powerful indictment of...

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Floods worsen in Assam as heavy rain continue to lash Arunachal -Prabin Kalita

-The Times of India GUWAHATI: The flood situation in the Assam worsened further on Saturday as heavy showers continued in Arunachal Pradesh. A population of nearly five lakh in 14 districts has been hit. According to the MET department, the southwest monsoon was vigorous over Arunachal Pradesh and also active over Assam and Meghalaya in last 24 hours, causing light to moderate rain at most places in Arunachal Pradesh and some places...

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UN calls for action to reduce health and environmental risks posed by use of chemicals

-The United Nations Governments must urgently act to reduce the health and environmental hazards posed by the increase in use of chemicals in industries worldwide, says a United Nations report launched today, which stresses that more sustainable management policies are needed to address this growing risk. Produced by the UN Environment Programme (UNEP), the Global Chemicals Outlook report argues that a shift in the production, use and disposal of chemical products from...

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Water Privatisation in Delhi-Raghu

-People's Democracy IT seems the Sheila Dixit government of Delhi, backed by powerful elements in the UPA-2 central government, will let nothing stand in the way of water privatisation in the capital. Several earlier attempts going back many years to fully or partially privatise distribution of water, especially the big loan application to the World Bank in 2005, were foiled by vigilant community organisations, public interest groups, trade unions and political...

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