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An ex-RBI Guv thinks $5-tn goal is 'simply out of question'

The former RBI governor said India needs a 9 percent per annum growth to reaching $5 trillion by 2025.

high power committee

Nov 22, 2019, 02.45 AM IST

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HIGH POWER COMMITTEE

Meeting between JNUSU office-bearers, high-power committee underway: Sources

The meeting commenced around 10.30 am and the students' union office-bearers are attending it along with the student councillors from different schools, according to sources. The panel includes former UGC chairman V S Chauhan, AICTE chairman Anil Sahasrabudhe and UGC secretary Rajnish Jain. The committee will be meeting hostel presidents of JNU later.

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  • "During April-October, electricity generation grew 1.2 per cent. There was a decline in October mainly because of excess rainfall led by a slump in air conditioning requirement. But, to say that this was due to some kind of slowdown in industrial production is nonsensical. There can be nothing further from the truth," Power Minister R K Singh said.

    Despite the ongoing economic slowdown, the power ministry claims that India's electricity demand has been growing though it fell last month. It said rising renewable and hydropower generation led to lower use of thermal plants. CEA data showed that power demand in October 2019 fell the most in industrial states.

    Official sources said the Army, the Navy and the Indian Air Force have already recommended to the defence ministry names of their senior-most commanders for the top position which is being created to enhance synergy among the three services in dealing with security challenges facing India.

    The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared strategic disinvestment in the two hydroelectric power generating PSUs in favour of NTPC that is looking to expand its operations and boost the renewable portfolio.

    On Wednesday, the Congress-NCP alliance gave its most categorical indication about joining hands with arch rival Shiv Sena, with former CM Prithviraj Chavan expressing confidence of forming a "stable" government soon in the state after a marathon meeting of senior leaders of the two parties. Several top leaders of the two parties met at NCP chief's residence.

    A senior NCP source told that "during the first meeting of the three parties in Mumbai last week, discussions were held on the Ahmedabad-Mumbai Bullet train project in which we informed the leaders that according to Central government, the Maharashtra government would be bearing Rs 5,000 crore of the total Rs 1.08 lakh crore cost."

    For about a decade, Zurich has been working towards a local aim of creating a "2000-Watt Society", where residents use only as much energy as would be sustainable for each person on the planet to consume.

    The Human Resource Development (HRD) Ministry's committee on JNU will initiate dialogues with students and administration as well as submit recommendations on resolution of all issues, they said.

    The International Maritime Organisation (IMO) adopted the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships in 2009, which is aimed at ensuring that ships being recycled after reaching the end of their operational lives do not pose any unnecessary risks to human health, safety and to the environment.

    Justice Suresh Kait said it is nowhere mentioned in paragraph 40 of the November 15 bail order that the allegations relates to Chidambaram's case. The court made the clarification while disposing of an Enforcement Directorate's plea seeking rectification of the "accidental slip/inadvertent error" in certain paragraphs of the order.

    If these stocks are to touch new record highs, they would need a rally of 1,50,000 per cent!

    Defence production and R&D will not make the desired leap unless MoD proactively supports the private sector in manufacturing and R&D, and revamps the DRDO. It is time the MoD tapped the entrepreneurial energies of the private sector to bridge the technological gap between India and the advanced military powers.

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