India aims at bringing United States back on board at Cancun climate talks but has termed its offer on climate mitigation as “homeopathetic”. To clinch US, India has two proposals. First, which appeals to the United States, is on measurement review and verification (MRV) regime. India has proposed that nations, whose emissions are one% or more of the global average, should allow verification of their domestic mitigation commitments through a United...
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Lobbying charge by Arun Shourie stirs row
Former telecom minister Arun Shourie on Sunday stirred a controversy by claiming in a TV interview that he was replaced by senior party leader Venkaiah Naidu in Parliament as the BJP's lead speaker in a debate on the 2009 Budget so that the party could take a more accommodating line on proposals that could favour industrialist Mukesh Ambani. Referring to tapes of a purported conversation between lobbyist Niira Radia and JD(U)...
More »Action Plan for 60 Naxal-hit districts by Vinay Kumar
Each to be given a block grant of Rs. 25 crore With the aim of giving a fillip to development schemes in tribal and backward regions, mostly affected by Naxal violence, the Cabinet Committee on Economic Affairs (CCEA) on Friday approved the commencement of an Integrated Action Plan (IAP) in 60 selected districts. The IAP would be an additional central assistance scheme on a 100 per cent grant basis. It is aimed...
More »Experts group to study NAC proposals on food security Bill by Gargi Parsai
Led by C. Rangarajan, it has been appointed by Manmohan In a significant move, Prime Minister Manmohan Singh has formed an experts group chaired by the chief of Prime Minister's Economic Advisory Council, C. Rangarajan, to examine the recommendations of the Sonia Gandhi-headed National Advisory Council on the proposed food security Bill. The move surprised members of the council who met here on Friday to discuss the draft of the National Food...
More »Bengal is worst among the 5-highly indebted states: economist
Sitting on a huge debt burden of close to Rs 2 lakh crore, West Bengal government's Finances are the worst among five highly-indebted states in the country, a noted economist attached with the Indian Statistical Institute here has said. "Revenue deficit of the state is the highest among the five highly-indebted states of UP, Maharashtra, West Bengal, Andhra Pradesh and Gujarat," Abhirup Sarkar, the economist, told PTI. He said that for the...
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