Archive for ‘India alert’

04/12/2014

End of the road for Delhi’s old cars as India battles smog | Reuters

The National Green Tribunal has banned all vehicles older than 15 years from the streets of the capital, New Delhi, in a bid to clean up air that one prominent study this year found to be the world’s dirtiest.

Heavy traffic moves along a busy road during a power-cut at the traffic light junctions in New Delhi July 31, 2012. REUTERS/B Mathur/Files

The ruling hits up to a third of the 8.4 million motorbikes, trucks, cars and auto-rickshaws that ply the traffic-choked roads of Delhi and its surrounding areas, transport officials estimate.

Cities across the world are ordering older vehicles off the road or restricting private car use to tackle growing air pollution. Mexico City introduced a ban on older vehicles driving on Saturdays this year, while in March, France briefly enforced the most drastic traffic curbs in 20 years.

“It is undisputed and in fact unquestionable that the air pollution of … Delhi is getting worse with each passing day,” the National Green Tribunal ruled in a judgment last week banning older vehicles from city streets.

Vehicular emissions are the cause of close to three-quarters of Delhi’s air pollution, the Delhi government estimates, and a World Health Organization study of 1,600 cities released in May found India’s capital had the world’s dirtiest air. India rejected the report.

The ban in Delhi lacks incentives to encourage drivers to trade in their older vehicles but eventually could boost sales for carmakers like Maruti Suzuki India and Tata Motors, as the capital accounts for 17 percent of India’s new car sales, said IHS automotive analyst Puneet Gupta.

via End of the road for Delhi’s old cars as India battles smog | Reuters.

04/12/2014

India Ranked Less Corrupt Than China for the First Time in 18 Years – India Real Time – WSJ

Transparency International’s annual survey ranked India as less corrupt than China for the first time in 18 years as a nationwide outcry against corruption helped lift global perceptions of the South Asian nation.

In the yearly ranking of least-corrupt countries, India jumped 10 places from in its ranking last year to 85th out of the 175. China tumbled 20 places in the ranking to number 100. The last time India did better than China in the rankings was 1996.

The Berlin-based watchdog surveyed multilateral banks, big foundations and other international institutions about the level of corruption in different countries to come up with its annual Corruption Perceptions Index which was used for the rankings.

Perceptions about India were helped as street protests and national elections focused the world’s largest democracy’s attention on corruption, said the Berlin-based watchdog.

The call for a crackdown on corruption led to new laws and a new government. Prime Minister Narendra Modi, came to power in May on pledges to fight corruption.

Transparency International India executive director Ashutosh Kumar Mishra gives credit to the anti-corruption movement sparked by Gandhian Anna Hazare. His high-profile protests helped force the previous government to create a number of anti-corruption bills.

China slipped below India after it lost more ground than almost any other country in the rankings, suggesting that many observers are unconvinced by President Xi Jinping’s high-profile campaign to combat corruption.

While the two Asian giants have had the same rankings in 2006 and 2007, this is the first time China has been below India in the rankings since 1996, the first year Transparency International had rankings.

While it may have gained a little ground this year, India still has a long way to go before it can be ranked near the least-corrupt countries like Australia, Canada, Singapore and Denmark.

via India Ranked Less Corrupt Than China for the First Time in 18 Years – India Real Time – WSJ.

04/12/2014

Modi seeks to draw line under row over minister’s pro-Hindu comments | Reuters

Prime Minister Narendra Modi sought on Thursday to draw a line under a row sparked by a ministerial colleague’s derogatory comments about non-Hindus, urging angry parliament deputies to accept her apology and move on.

A supporter of Bharatiya Janata Party (BJP) holds a placard with a picture of India's Prime Minister Narendra Modi as he attends a rally addressed by the party president Amit Shah (not pictured) in Kolkata November 30, 2014. REUTERS/Rupak De Chowdhuri

The opposition, led by the Congress, has demanded the dismissal of Niranjan Jyoti, the junior minister for food processing industries, for telling voters this week that they must “decide whether you want a government of those born of (Hindu god) Ram, or those born illegitimately”.

The saffron-clad minister apologised a day later after her remarks drew outrage and calls that she be prosecuted for violating the secular spirit of India’s constitution.

Critics say that Modi’s nationalist Bharatiya Janata Party has a deep-seated bias against Muslims and that it is pursuing Hindu-dominant agenda.

Modi urged the upper house of parliament to accept Jyoti’s apology amid a third straight day of protests.

via Modi seeks to draw line under row over minister’s pro-Hindu comments | Reuters.

03/12/2014

A New Look for Indian Railways – India Real Time – WSJ

Indian Railways is trying to get a makeover.

“We want to improve passenger amenities,” said Suresh Prabhu, India’s new minister for railways, via a video conference at an event organized by the Asia Society in Mumbai Wednesday.

India’s nationalized rail network carries around 30 million passengers a day and has a budget for 2014/15 of 654 billion rupees ($10 billion.)

So what will the new railways look like? Mr. Prabhu gave some clues Wednesday.

Better food: Train travelers have long grumbled about the quality of food served on Indian trains including watery dal (lentil soup) and thick rotis (Indian bread.)

Mr. Prabhu said he’s considering a plan to set up base kitchens that will make good quality food to supply trains.

He’s also exploring an option to tie up with restaurants along train routes, so that commuters can order food from those restaurants, and the food would be delivered onto the train by Railway staff.

Some private websites have lately started  offering this facility on their own, such as travelkhana.com,  yatrachef.com and railtiffin.com.

Mobile ticket booking: The Indian Railways’ website irctc.co.in, which allows travelers to book tickets online, is one of the most-frequently visited websites in India.

Now, Indian Railways wants to introduce an option for travelers to be able to book train tickets on their cellphones. Mr. Prabhu didn’t clarify if he was referring to a new app for this booking.

He said Wednesday that a technical glitch has delayed the launch, but passengers can expect it soon.

Cleanliness: The Railways are looking to improve the quality of toilets and waiting spaces at train stations, said Mr. Prabhu. “We also want to improve the coaches,” he said. The plan is to retrofit existing train coaches and set up a factory for making new coaches, he added.

“In the next few months we should be able to put in place a complete blueprint” to achieve these goals without denting the rail finances, said Mr. Prabhu.

via A New Look for Indian Railways – India Real Time – WSJ.

02/12/2014

South Asia’s hydro-politics: Water in them hills | The Economist

IT IS a thrill trekking beside the upper Marsyangdi river in northern Nepal. On view are spectacular waterfalls and cliffs, snowy Himalayan peaks, exotic birds and butterflies. But just where tourists and villagers delight in nature, hydropower engineers and economists have long been frustrated; in such torrents they see an opportunity that for too long has been allowed to drain away.

Himalayan rivers, fed by glacial meltwater and monsoon rain, offer an immense resource. They could spin turbines to light up swathes of energy-starved South Asia. Exports of electricity and power for Nepal’s own homes and factories could invigorate the dirt-poor economy. National income per person in Nepal was just $692 last year, below half the level for South Asia as a whole.

Walk uphill for a few hours with staff from GMR, an Indian firm that builds and runs hydropower stations, and the river’s potential becomes clear. An engineer points to grey gneiss and impossibly steep cliffs, describing plans for an 11.2km (7-mile) tunnel, 6 metres wide, to be blasted through the mountain. The river will flow through it, before tumbling 627 metres down a steel-lined pipe. The resulting jet—210 cubic metres of water each second—will run turbines that at their peak will generate 600MW of electricity.

The project would take five years and cost $1.2 billion. It could run for over a century—and produce nearly as much as all Nepal’s installed hydropower. Trek on and more hydro plants, micro to mighty, appear on the Marsyangdi. Downstream, China’s Sinohydro is building a 50MW plant; blasting its own 5km-long tunnel to channel water to drive it. Nearby is a new German-built one. Upstream, rival Indian firms plan more. They expect to share a transmission line to ill-lit cities in India.

GMR officials in Delhi are most excited by another river, the Upper Karnali in west Nepal, which is due to get a 900MW plant. In September the firm and Nepal’s government agreed to build it for $1.4 billion, the biggest private investment Nepal has seen.

Relations between India and Nepal are improving. Narendra Modi helped in August as the first Indian prime minister in 17 years to bother with a bilateral visit. Urged by him, the countries also agreed in September to regulate power-trade over the border, which is crucial if commercial and other lenders are to fund a hydropower boom. Mr Modi was back in Kathmandu for a summit of the South Asian Association for Regional Co-operation, on November 26th and 27th. Governments think the normally rudderless body could find a purpose in energy integration—though the talks were poisoned by poor relations between Pakistan and India. Another big Indian hydro firm agreed with Nepal’s government, on November 25th, to build a 900MW hydro scheme, in east Nepal, known as Arun 3. Research done for Britain’s Department for International Development suggests four big hydro projects could earn Nepal a total of $17 billion in the next 30 years—not bad considering its GDP last year was a mere $19 billion.

All Nepal’s rivers, if tapped, could feasibly produce about 40GW of clean energy—a sixth of India’s total installed capacity today. Add the rivers of Pakistan, Bhutan and north India (see map) and the total trebles.  Bhutan has made progress: 3GW of hydro plants are to be built to produce electricity exports. The three already generating produce 1GW out of a total of 1.5GW from hydro. These rely on Indian loans, expertise and labour.

Why a Himalayan cross-border hydropower rush now? In Nepal projects were once scuppered by local politics, a ten-year civil war, suspicion of India and a lack of regulation that put off creditors. Slowly, such problems are being tackled. The war ended in 2006. It helps, too, that the terms of the projects look generous to the host. For Upper Karnali, GMR will set aside 12% of electricity production, free, for Nepali consumers. It will also give Nepal a 27% stake in the venture. After 25 years of operation the plant will be handed to Nepal.

A second reason, says Raghuveer Sharma of the International Finance Corporation (part of the World Bank), was radical change that opened India’s domestic power market a decade ago. Big private firms now generate and trade electricity there and look abroad for projects. India’s government also presses for energy connections over borders, partly for the sake of diplomacy. There has even been talk of exporting 1GW to Lahore, in Pakistan—but fraught relations between the two countries make that a distant dream.

via South Asia’s hydro-politics: Water in them hills | The Economist.

02/12/2014

India’s Farming Women Use Cameras to Share Lessons – Businessweek

Kavita Devi has spent 50 years farming the way her elders taught her. Until recently, that meant working other people’s land in the northeastern Indian village of Gosaibigha in exchange for 10 pounds of rice once a season. But since July, twice a month she’s been joining about 30 women neighbors in saris who file into a makeshift movie theater in a buffalo shed, where they watch videos from a battery-powered, handheld projector shown on a fuzzy brown blanket hung on a wall. In the videos, which run for 8 to 10 minutes, women from nearby villages demonstrate ways to boost rice yield by spacing the seedlings farther apart and using compost instead of fertilizer. “They look very successful,” Devi says later. “I would like to be one of them.” Since July she’s been leasing a small patch to plant her own crops.

A videographer watches as farmers demonstrate techniques in Uttar Pradesh

Technology is transforming the way women like Devi farm. In rural India, impoverished women do most of the labor using methods passed down for millennia. About 100,000 (mostly male) government and private agricultural experts roam the country to teach farmers modern techniques. But fewer than 6 percent of farmers have ever seen one, according to the World Bank, and women are often excluded from those training sessions because they lack legal rights to their husbands’ land.

Digital Green, a nonprofit founded by Microsoft (MSFT) researchers, is trying to change that. The group distributes pocket cameras and tripods to local women and trains them to storyboard, act in, shoot, edit, and screen videos demonstrating farming innovations. Because the villages where the women work often lack reliable electricity, it’s all done via battery-powered projectors. Women who screen the videos keep track of attendee questions and monitor adoption of the practices to help directors improve later versions. Using the audience’s peers as actors is particularly important, says Rikin Gandhi, Digital Green’s co-founder and chief executive officer. “Viewers identify with those featured in videos based on dialect and appearance, etc., to determine whether it is someone they can trust,” he says. Villagers will tune out if they see items that aren’t common in their communities, such as a plastic bucket or a watch.

via India’s Farming Women Use Cameras to Share Lessons – Businessweek.

02/12/2014

India and France to push ahead with Rafale jet deal | Reuters

The French and Indian defence ministers agreed on Monday to overcome any differences and finalise the sale of 126 fighter jets to India in a deal worth an estimated $15 billion, the Indian defence ministry said.

A Rafale jet fighter is seen on the assembly line in the factory of French aircraft manufacturer Dassault Aviation in Merignac near Bordeaux, southwestern France, January 10, 2014. REUTERS/Benoit Tessier/Files

France’s Dassault Aviation (AVMD.PA) has been trying to clinch a deal to sell India its Rafale jets since New Delhi chose the company over other foreign plane manufacturers in 2012. But disagreements over cost and work-sharing have slowed talks, while India’s weak economy has stretched government finances.

On Monday, French Defence Minister Jean-Yves Le Drian met his Indian counterpart Manohar Parrikar, who was appointed defence minister last month.

“Both sides agreed to take forward the strategic co-operation between the two countries. They discussed all issues including Rafale. It was decided that whatever differences still existed would be resolved in a fast-track manner,” said Indian defence ministry spokesman Sitanshu Kar.

Under the deal, which would provide a major boost to French domestic defence manufacturing, the first 18 planes will be made in France and shipped to India, while the remaining 108 will be produced by state-run Hindustan Aeronautics Ltd (IPO-HIAE.NS).

The final phase of exclusive negotiations on the contract should conclude within India’s current budget year ending in March 2015, Dassault Chief Executive Eric Trappier said last month.

via India and France to push ahead with Rafale jet deal | Reuters.

28/11/2014

Indian Stock Exchange Rises Up World Rankings, Catching Up With China – India Real Time – WSJ

Indian shares are on a roll and that’s bringing the country’s stock exchanges onto the global stage.

English: National Stock Exchange of India Русс...

English: National Stock Exchange of India Русский: Национальная фондовая биржа Индии (Photo credit: Wikipedia)

On Friday, the market capitalization, or total value of listed companies, on Mumbai’s BSE exchange reached a new record of 100 trillion rupees ($1.6 trillion.)

The market value of companies listed on Indian stock exchanges has risen by more than 40% over the past year, as investors are betting that Indian companies will benefit from a turn in the local economy and policies expected from the new government that came to power in May.

The BSE stood 10th among the world’s stock exchanges as measured by market value at the end of October, according to data from the World Federation of Exchanges.

It is followed closely by India’s National Stock Exchange, which is ranked 11th.

Industry experts say India’s standing is likely headed higher.

“It is a matter of time before we make it to the top 5,” stock exchanges in the world, said Kalpana Morparia, chief executive of J.P. Morgan India, in a statement Friday.

If the market cap of Indian companies keeps increasing at its recent pace, the BSE and NSE could soon overtake Germany’s Deutsche Borse and China’s Shenzhen Stock Exchange.

via Indian Stock Exchange Rises Up World Rankings, Catching Up With China – India Real Time – WSJ.

27/11/2014

India’s Car-Sharing Startups Look to Change a Driving Culture – Businessweek

The startups, modeled after U.S. car-sharing service Zipcar (CAR), are gaining in popularity. Slow economic expansion has frozen income growth, and prime lending rates have risen 26 percent in the past five years, discouraging people from taking out car loans. “A lot of people don’t want to invest in cars,” says Abdul Majeed, a partner at PricewaterhouseCoopers in Chennai. “With traffic congestion and cost of ownership rising, and with poor public transport in most cities, car-sharing is bound to take off.” For younger Indians joining the workforce, car-sharing comes free of the hassle of maintaining the cars.

Bandra–Worli Sea Link in Mumbai, India

Zoomcar, based in Bangalore, has attracted U.S. investors, including venture capital firm Sequoia Capital, which led an $8 million investment round in October, and former U.S. Treasury Secretary Lawrence Summers. Americans Greg Moran and David Back started the company in February 2013 with $650,000. They raised another $3 million last year. Summers was an early investor. “There were small-time operators, mom-and-pop type shops that didn’t have the technology and the right product,” says Moran, who, along with Back, graduated from the University of Pennsylvania in 2007.

via India’s Car-Sharing Startups Look to Change a Driving Culture – Businessweek.

27/11/2014

South Asia Summit Nearing Failure as India, Pakistan Bicker – Businessweek

South Asian leaders overseeing a quarter of the world’s people struggled to agree on how to ease trade barriers in the region as India and Pakistan continued a decades-long row over a disputed border.

Pakistani Prime Minister Nawaz Sharif

Indian Prime Minister Narendra Modi was scheduled to meet every regional leader except Pakistani Prime Minister Nawaz Sharif for a one-on-one meeting during a gathering in Nepal starting today. Leaders of the South Asian Association for Regional Cooperation, or SAARC, last held a summit in 2011.

Failure to agree on cross-border travel and electricity supply would risk derailing Modi’s plan to turn the bloc into a regional force that can counter China’s growing influence. Chinese leaders have promised to invest part of a $40 billion Silk Road fund on infrastructure in South Asia.

via South Asia Summit Nearing Failure as India, Pakistan Bicker – Businessweek.

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