-The Times of India The Comptroller and Auditor General (CAG) has asked the oil ministry not to approve any more investments in Reliance Industries's KG-D6 oil and gas block till the company submits all records of its spending in the Andhra offshore field till 2011-12 for scrutiny. In a November 9 letter to the ministry, a top CAG functionary also suggested a similar action for the Panna-Mukta and Tapti (PMT) group...
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The New Wave Of Energy-Yashodhara Dasgupta
-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...
More »As weather patterns get unpredictable, nations must start budgeting for natural disasters
-The Economic Times It's extreme weather season in Asia again. Deadly cyclones, blinding rain, floods and mudslides are becoming the norm from Nepal to Fiji. The world's policymakers must reflect on extreme weather patterns while budgeting their nations' finances. In Thailand last year's floods caused losses of $46.5 billion. Reconstruction costs will reach at least $50 billion, according to the government and UN's assessments. In Pakistan widespread flooding two years ago affected 20...
More »Ficci seeks revisit of proposed Land Acquisition Bill
-PTI Industry body Ficci today said the government should relook at certain clauses of the proposed Land Acquisition Bill such as role of state governments and the entitlements for the private sector, prior to placing it before the Cabinet. Group of Ministers on Land Acquisition Bill, headed by Agricultural Minister Sharad Pawar, had approved the proposed legislation with changes last month. In a letter to Pawar, Ficci President R V Kanoria said state...
More »The roots of poverty: Ruinous healthcare costs-Anirudh Krishna
-Live Mint While natural disasters grab our attention, everyday events like illness drag most people into poverty In a small town of Gujarat, I met Chandibai, a woman, about 50 years of age. Fifteen years previously, her husband, Gokalji, had owned a general-purpose shop in the town centre. The family also owned a house and some agricultural land. In 1989, Gokalji developed an illness that confined him to bed, sometimes at home...
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