Airlines whose carbon emissions are more than prescribed cap have to reduce emissions or pay for it

The European Union (EU) has decided it would not ban foreign airlines that have refused to share their carbon emission data from entering EU airspace. However, it said stringent financial penalties would be imposed if these failed to comply with the laws by January 2013. Refusal to share carbon emission data is a violation of the EU’s emissions trading system (ETS) laws.

Requirements on minimum size, contiguity and vacant stretches to be eased MAT and DDT to stay

The ministry of commerce and industry would soon announce relaxed land-related norms for Special Economic Zones (SEZs) to arrest the slackening pace of growth in these tax-free zones by making certain changes in the SEZ policy. In a major amendment to the policy, enacted in 2006, for the first time the government will change the minimum land requirement across all sectors.

After a lot of wrangling within various ministries, it seems the country’s first ever National Manufacturing Policy (NMP) is finally going to see the light of the day.