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Nothing in the tank

-The Business Standard Govt pushes biofuels again, despite bitter experience The nearly decade-old programme to promote ethanol-blended petrol has failed to make much headway despite continued attempts by the government to get it going. The latest such attempt was last week, when the Cabinet Committee on Economic Affairs (CCEA) made the very poor decision to force oil marketing companies to mix five per cent ethanol with petrol throughout the country from...

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Poor turning poorer as food prices zoom

-One World South Asia South Asia’s households fall into poverty as the result of higher food prices as food prices increase. According to the latest Food Price Watch, global food prices increased 10% between June and July 2012 with staples such as wheat increasing 25% in the period. The crisis continued affecting food and nutrition security throughout South Asia. Bad weather, trade curbs, oil prices and bio-fuel diversions have all led to...

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Cash is no cure-all-Lant Pritchett and Shrayana Bhattacharya

-The Indian Express Cash transfers seem to be the latest fad. With elections looming, the Prime Minister’s National Committee on Direct Cash Transfers has been tasked with an ambitious mandate to provide vision and direction to enable direct cash transfers of subsidies under various government schemes and programmes to individuals to enhance efficiency. Certain activists warn against an ill-considered and hasty transition from food to cash. Others believe directly transferring the...

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Why not levy 25% green tax on diesel cars, Supreme Court asks -Dhananjay Mahapatra

-The Times of India The Supreme Court on Monday sought the Centre's response to a radical plea for collection of 25% of the cost of a diesel car or SUV sold in the National Capital Region as green tax at the time of its purchase to deter people from buying more polluting personal vehicles and help fight the growing levels of pollution in Delhi. The court also sought the Union government's response...

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Six-cylinder annual LPG cap under review: Veerappa Moily

-The Times of India The government is looking into demands for raising the six-cylinder annual cap on supply of subsidized cooking gas refills to each family, oil minister M Veerappa Moily told the Lok Sabha in a written reply on Friday. Separately, minister of state for petroleum Panabaaka Lakshmi told the House that state-run fuel retailers have issued more than 10 lakh new cooking gas connections since the government capped the supply...

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