India will be world’s 3rd largest economy by 2030: BP report

“By 2030 China and India will be the world’s largest and third largest economies and energy consumers, jointly accounting for about 35% of the global population, gross domestic product (GDP) and energy demand,” BP’s chief economist Christof Ruhl said releasing BP’s Energy Outlook 2030

New Delhi: India will be the world’s third largest economy by 2030 but its energy demand will slow down to 4.5%, reports PTI quoting global energy giant BP plc.

“By 2030 China and India will be the world’s largest and third largest economies and energy consumers, jointly accounting for about 35% of the global population, gross domestic product (GDP) and energy demand,” BP’s chief economist Christof Ruhl said releasing BP’s Energy Outlook 2030.

There would be “no surge in energy demand as India industrialises. Demand growth slows to 4.5% per annum (against 5.5% p.a. in 1999-2010) as improvements in energy efficiency partly offset the energy needs of industrialisation and infrastructure expansion.”

India’s dependence on imports to meet its gas needs will jump to 47% by 2030 while the same for oil will grow to 91%. The nation will be 40% dependent on imports to meet its coal needs.

He said India remains on a lower path of energy intensity; by 2030 it consumes only about half the energy that China consumes today, at a similar income per capita level as in China today.

Over the next 20 years China and India combined account for all the net increase in global coal demand, 94% of net oil demand growth, 30% of gas, and 48% of the net growth in non-fossil fuels.

Coal remains the main commercial fuel, but its share falls from 70% to 55% in China as a result of maturing industrial structure and from 53% to 50% in India due to domestic resource constraints.

Oil’s share is flat at 18% in China and falls to 26% in India, constrained by prices and growing import dependency. Gas gains market share along with nuclear and renewables in both countries, BP said.

In India, the share of industry continues to grow, as infrastructure development catches up and manufacturing expands to absorb a growing labour force, but it never reaches the Chinese level. “India therefore remains significantly less energy intensive, with a relatively high share of the service sector in GDP.”

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SC directs Centre to implement interlinking of rivers project

The fate of the ambitious Rs5,00,000 crore project proposing linkages between major rivers by the year 2016 has remained a virtual non-starter and the detailed project report (DPR) is in cold storage

New Delhi: The Supreme Court on Monday directed the Centre to implement the ambitious interlinking of rivers project in a time-bound manner and appointed a high-powered committee for its planning and implementation, reports PTI.

Observing that the project has already been delayed resulting in an increase in its cost, a three-judge bench headed by Chief Justice SH Kapadia said the Centre and the concerned state governments should participate for its ‘effective’ implementation “in a time bound manner”.

The bench, also comprising justices Swatanter Kumar and AK Patnaik, appointed a high-powered committee comprising representatives of various government departments, ministries, experts and social activists to chart out and execute the project.

The committee will comprise Union minister of water resources, its secretary, secretary of ministry of environment and forest (MoEF) and four expert members appointed by the water resources ministry, finance ministry, Planning Commission and MoEF.

Representatives from state governments, two social activists and senior advocate Ranjit Kumar, who has been assisting the court in the case, will also be members of the committee.

“We direct the Union of India to forthwith constitute a committee for interlinking of rivers,” the bench said, adding “we direct the committee to implement the project”.

“The committee shall plan for implementation of the project,” the bench said, adding the delay has already resulted in an increase in the cost of the project.

The river interlinking project was the brainchild of the NDA government and in October 2002 the then prime minister Atal Bihari Vajpayee had formed a task force to get the project going against the backdrop of the acute drought that year.

A Centre-appointed task force had in a report recommended division of the project into two—the Peninsular component and the Himalayan component.

The Peninsular component—involving the rivers in southern India—envisaged developing a ‘Southern Water Grid’ with 16 linkages. This component included diversion of the surplus waters of the Mahanadi and Godavari to the Pennar, Krishna, Vaigai and Cauvery.

The task force had also mooted the diversion of the west-flowing rivers of Kerala and Karnataka to the east, the interlinking of small rivers that flow along the west coast, south of Tapi and north of Mumbai and interlinking of the southern tributaries of the river Yamuna.

The Himalayan component envisaged building storage reservoirs on the Ganga and the Brahmaputra and their main tributaries both in India and Nepal in order to conserve the waters during the monsoon for irrigation and generation of hydro-power, besides checking floods.

The task force had identified 14 links including Kosi-Ghagra, Kosi-Mech, Ghagra-Yamuna, Gandak-Ganga, Yamuna- Rajasthan, Rajasthan-Sabarmati, Sarda-Yamuna, Farakka- Sunderbans, Brahmaputra-Ganga, Subernarekha-Mahanadi, and Ganga-Damodar-Subernarekha.

The task force had also concluded that the linking of rivers in the country would raise the irrigation potential to 160 million hectares for all types of crops by 2050, compared to a maximum of about 140 million hectares that could be generated through conventional sources of irrigation.

The fate of the ambitious Rs5,00,000 crore project proposing linkages between major rivers by the year 2016 has remained a virtual non-starter and the detailed project report (DPR) is in cold storage.

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US intelligence’s interest in ‘Bhopal updates’ grows as London Olympics nears

WikiLeaks’ latest expose shows a diligent follow up on Bhopal tragedy/Dow Chemicals issue in the Indian media. The files evoke interest as Dow is one of the sponsor of the London Olympics

Today WikiLeaks has started publishing ‘The Global Intelligence Files’—more than five million emails—from the Texas-headquartered “global intelligence” company Stratfor. The emails date between July 2004 and late December 2011. A quick study reveals that the Bhopal issue is of major interest for the USA.

WikiLeaks says, “Stratfor monitored and analysed the online activities of Bhopal activists, including the “Yes Men” for the US chemical giant Dow Chemicals. The activists seek redress for the 1984 Dow Chemical/Union Carbide gas disaster in Bhopal, India. The disaster led to thousands of deaths, injuries in more than half a million people, and lasting environmental damage.” About Stratfor, it says ‘They reveal the inner workings of a company that fronts as an intelligence publisher, but provides confidential intelligence services to large corporations, such as Bhopal’s Dow Chemical Company, Lockheed Martin, Northrop Grumman, Raytheon and government agencies, including the US Department of Homeland Security, the US Marines and the US Defense Intelligence Agency.”

Among the files released today, there are almost 40 files that are related to Bhopal and Dow Chemicals—including media updates: Both Indian and international, activists’ reactions, confidential investigative reports and other material. The earliest file dates to 2010. Most of the files are about media coverage to issues related to the Bhopal gas tragedy and Dow Chemicals. They also include media reports on the Indian Olympics Association’s remarks on London Olympics, which is being sponsored by Dow Chemicals. The list can be viewed at http://wikileaks.org/gifiles/releasedate/2012-02-27.html

In a file dated 3 December 2011, which was the 27th anniversary of Bhopal gas tragedy, there is a detailed report on every activist activity on ground, including strikes, hartal, rail-roko and media coverage. The file also mentions acts/demonstrations and government discussions that happened that day in other countries (for e.g. Scotland) which sternly criticised Dow Chemicals.

Another file dated 15 November 2011 also quotes a report in the The Independent of UK, about drug trials in India in which writer Nina Lakhani had slammed western pharmaceutical companies for funding trials that were carried on in hospitals set up for Bhopal victims that “violated international ethical standards and could have put patients at risk.”

Stratfor also thoroughly tracked activities of international organisations fighting for Bhopal victims like Students for Bhopal and International Campaign for Justice in Bhopal and kept tabs on their members and prominent campaigners.

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COMMENTS

Soorma Bhopali

5 years ago

Shame on you, Dow. Please visit http://www.BoycottOlympics.org and comment/discuss/share.

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