-Live Mint Proposal aimed at beefing up security, besides making sure development reaches neglected parts of India A day after the government pledged the partial decontrol of sugar in the next fortnight, the Union cabinet on Thursday approved a set of significant measures aimed at tackling Maoist insurgency and asserting its strategic hold over an area claimed by neighbouring China. The measures approved involve upgrading rural road connectivity with special emphasis on...
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BORN TO CLEAR: 100% APPROVAL RATE FOR DAM PROJECTS
The Ministry of Environment and Forests (MOEF) has been the target of criticism from industry groups to the Prime Minister for allegedly holding up infrastructure and industrial development through its system of green clearances. But a recent analysis of 5 years of decision-making put out by an environmental group suggests why these attacks might be misplaced, given the ease with which every single of 262 proposed hydropower and irrigation projects...
More »World Bank Unmoved on Auditor’s Criticism of Forest Policy -Carey L Biron
-IPS News Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report. The assessment, written by the Independent Evaluation Group (IEG), the World Bank Group’s auditor, warns that expectations for poverty reduction as envisioned in the bank’s 2002 Forest Strategy “have not yet been met”. The report is particularly critical...
More »Budgeting for failure
-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...
More »All Unclear Over Nuclear -Ranjit Devraj
-IPS News When India was admitted to the world’s nuclear power industry nearly five years ago, many believed that this country had found a way to quickly wean itself away from dependence on coal and other fossil fuels that power its economic growth. After all, India already had a home-grown nuclear power industry that was producing about 4,000 megawatts of power from 19 nuclear reactors, defying a United States-led embargo on nuclear...
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