-The Hindu In an internal briefing paper, accessed by "The Hindu", U.S. tells negotiators to delay emission cut commitments and not to agree on any time line for funds Warsaw: In an internal briefing paper prepared for its diplomats across the world ahead of the Warsaw climate negotiations, which The Hindu has accessed, the U.S. has opposed the setting up of a separate process on ‘loss and damage', pushed primarily for the...
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Funds for social welfare cut drastically in revised budget estimates -Jitendra
-Down to Earth Ministers write protest letters to prime minister and finance minister, saying it would greatly impact ongoing schemes The Congress-led UPA government has been harping on its pro-poor schemes in the run up to the elections early next year. But it has effected a drastic cut in budgetary allocations for social welfare schemes. The move is reportedly prompted by the urgent need to contain current account deficit (CAD) to below...
More »Cabinet to decide on climate talks parameters today-Nitin Sethi
-The Hindu The Cabinet will take a call on the shape of a new global agreement that India would push for at the for the upcoming climate change talks and over the next two years till it is signed in 2015. The Union Cabinet is likely to decide the non-negotiables for the upcoming climate change negotiations on Thursday. The Cabinet will take a call on the shape of the new global agreement...
More »$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »Planning Commission finalises PPP tribunal bill draft -Yogima Seth Sharma
-The Economic Times NEW DELHI: Four months after the proposal was first mooted, the Planning Commission has finalised the draft of a bill that seeks to set up a tribunal to resolve disputes arising in public-private partnership (PPP) projects. The commission presented the draft of the dispute resolution bill to the Prime Minister's Office last week, a senior official at the commission told ET. "We have sent the final draft to the PM...
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