In August 2010, the U.N. Secretary General set up a “High-Level Panel on Global Sustainability,” to formulate a “new vision for sustainable Growth and prosperity” for the world. Co-chaired by the Presidents of Finland and South Africa, the panel submitted its detailed report in January 2012. The report is under consideration in the Secretary General's office, and will be a key input to the upcoming U.N. Conference on Sustainable Development...

-The Business Standard Govt cannot delay increasing diesel, LPG prices Petroleum Minister Jaipal Reddy, speaking after a ministerial-level meeting on inflation on Monday, said that the government had no immediate plans to raise the administered prices of diesel, kerosene and domestic LPG (liquefied petroleum gas). This comes after oil marketing companies raised the price of petrol last week by Rs 7.50 per litre, an increase of 12 per cent. Mr Reddy’s...

-The Economic Times Petrol car owners in Delhi will get some relief from the recent steep rise in petrol price after the state government decided not to levy value added tax on the price hike announced by the oil marketing companies on last Wednesday. Tobacco products will get costlier, court fee will increase and circle rates for property are expected to rise resulting in steeper stamp duty on property transactions. Public transport...

Maintaining his pro-Adivasi approach, Union Rural Development Minister Jairam Ramesh on Monday said the time had come to make changes in the country's economic policy keeping the interests of the Adivasi population in view. “Though the country has achieved enough economic progress, the benefit of our economic policy has not reached the Adivasi people so far. The injustice done to the Adivasis needs to be corrected with concern and care,” Mr....

The global economic slowdown may pinch the poor in India. The Planning Commission is redrawing its projections for the 12th five year plan (2012-17) in wake of current global economic situation and could end up scaling down money for welfare schemes. Health, education and rural development are not expected to get the hike they had sought and allocations for some other ministries are likely to fall, prompted by a lower Growth. The...