Bullet train gets green light via flamingo haven, national park

The Mumbai-Ahmadabad high speed train corridor, a first of its kind in India, has been granted wildlife clearance, by a committee headed by the Union Environment Minister The E5 Shinkansen series Bullet Train Project, an India-Japan joint venture, was inaugurated in 2017 and is scheduled for its first run in 2022. Originating at the Bandra… Continue reading Bullet train gets green light via flamingo haven, national park

The very idea of an ‘angel tax’ on start-ups must be reconsidered

Centre has set up a five-member working committee to look into revising the norms of the angel tax imposed on start-ups. Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair… Continue reading The very idea of an ‘angel tax’ on start-ups must be reconsidered

Russia to develop new missile systems by 2021

US recently decided to withdraw from the Intermediate-Range Nuclear Forces (INF) agreement, signed between US and Russia in 1987, as US believes that Russia has violated the treaty by discreetly developing missiles. Following US withdrawal, now, Russia has reciprocated that it would develop two new missile systems in the next two years i.e. (a) a… Continue reading Russia to develop new missile systems by 2021

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The danger of cash transfers schemes to poor

The Interim Budget promises range of schemes such as income transfers to farmers and a pension scheme for workers aged over 60 years in the unorganized sector and 10% quota for the “economically weaker sections” in the general category raises the question over its impact. However, cash transfer to poor do not ensure accessibility, affordability… Continue reading The danger of cash transfers schemes to poor

Emission levels rising faster in Indian cities than in China

According to a recent study, urbanization has increased vehicular emissions in India Generally, in developed countries, vehicular emissions reduce with increased urbanization as more urbanization reduces distances between the workplace and home and thereby, a preference for public transport increases. However, in developing countries, vehicular emissions tend to increase with urbanization. For example: In China… Continue reading Emission levels rising faster in Indian cities than in China

‘Two-thirds of Himalayan ice cap may melt’

According to Hindu Kush Himalaya Assessment, 36% of the glaciers along in the Hindu Kush and Himalaya range (HKH) could melt by 2100 even if global temperature rise is limited to 1.5C above pre-industrial levels. The Hindu Kush and Himalayan Range extends from Afghanistan to Myanmar (Fig. 1) and is famously known as the earth’s… Continue reading ‘Two-thirds of Himalayan ice cap may melt’

Fundraiser to secure 96 elephant corridors

The Asian Elephant Alliance is aiming at raising £20 million funds for securing 96 out of 101 elephant corridors in India. The Asian Elephant Alliance is an alliance of five conservation organizations- IUCN National Committee of The Netherlands, Wildlife Trust of India, International Fund for Animal Welfare, Elephant Family and World Land Trust The elephant corridors… Continue reading Fundraiser to secure 96 elephant corridors

11 EU nations back Guaido as President

11 nations have joined US in recognizing Venezuelan opposition leader Juan Guaido as Venezuela’s interim President. Juan Guida recently lost elections to Mr. Maduro. The West alleges that the elections were rigged. Mr. Maduro replaced former President Hugo Chavez in 2013 as President of Venezuela, at a time when Venezuela was experiencing a state of… Continue reading 11 EU nations back Guaido as President

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