-The Times of India NEW DELHI: A swathe of ministries - from finance to fertilizer and petroleum - are going to make a case for a reduction in subsidies before Narendra Modi, a move that will push up your monthly expenditure but is expected to help the government cut wasteful spending and revive investment. Sources said the three ministries are identifying subsidies as a key constraint in their presentations that secretaries will make...
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World economy to strengthen as job growth remains ‘stubborn’ –UN report
-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
More »India's carbon footprint dilemma-Nitin Sethi
-The Business Standard Lots of assumptions but little to act upon in the Planning Commission report on low carbon growth It will take around $834 billion for the Indian economy to put Indian economy on a low carbon mode taking its emission intensity in 2030 down by 42% as compared to 2007 levels. This is the macro picture drawn by the Low Carbon growth study commissioned by India's Planning Commission. The study is...
More »Centre must invest $834bn to reduce carbon footprint: Panel
-The Times of India NEW DELHI: An expert group of Planning Commission has pitched for major investments to reduce country's carbon footprint, saying India needs to invest $834 billion in nearly two decades to be firmly on low carbon and environment-friendly growth trajectory. It also stressed on use of renewable energy resources in big way, saying at least one third of power generation by 2030 must be fossil-fuel free. The group,...
More »Minority, like majority -Abusaleh Shariff
-The Indian Express Muslim deprivation is embedded in broader developmental challenges. Whenever the Indian electorate has been told that the country is doing well economically, it has displayed disbelief. This voter scepticism has not spared even the largest of national parties. The relatively successful economic performance of the last decade could not be projected effectively by the UPA. BJP/ NDA strategists were quick to take advantage of this and claim that the...
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