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India rejects Denmark's new climate proposal

India rejects Denmark's new climate proposal
New Delhi, Dec 1: India has rejected Denmark's climate change proposal that expects developing economies to peak their greenhouse gas emissions by 2025, media report said.

Union Environment Minister Jairam Ramesh said, "The Danish draft was totally unacceptable."

"We are never going to take on a peaking year for absolute emissions. This is not on the horizon," Ramesh was quoted by media as saying.

The draft document was circulated to a few countries ahead of the Dec 7-18 summit in Copenhagen, which is supposed to draw up an agreement for controlling emissions of carbon dioxide and other gases causing global warming.

According to media report, the Danish document suggests 2025 as the year India reaches its maximum level of emissions before they begin to decline.

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Kolkata, Jul 28: The Centre will allow Foreign Directed Investment(FDI) from Bangladesh within this year, Union Minister of State for Commerce and Industry Jairam Ramesh said. Speaking to mediapersons at a press conference here today, the minister said,''We will allow FDI on a case to case basis to Bangladeshi companies.'' Currently, India does not allow FDI from Bangladesh and Pakistan for security reasons. At present 43 Indian companies like Sun Pharma, Arvind mills and.....
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