NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...
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Posco in limbo-V Venkatesan
The National Green Tribunal's decision to suspend the environmental clearance given to Posco vindicates the project's critics. ON March 30, the Principal Bench of the newly formed National Green Tribunal (NGT) delivered a momentous decision suspending the environmental clearance (EC) given to the South Korean transnational corporation, Posco, to set up an integrated steel plant at Paradip in Odisha's Jagatsinghpur district. The former Union Minister for Environment and Forests, Jairam...
More »National Dairy Plan phase-one launched by Sharad Pawar
-The Economic Times The ambitious Rs 2,242-crore National Dairy Plan phase-one (NDP-I) was launched on Thursday by Union agriculture minister Sharad Pawar at NDDB, Anand. The project aims to increase the productivity of milch animals and provide India's 70 million small-holder rural milk producers with greater access to the organised milk-Processing sector. The official release says the new central sector scheme is a six year plan and would be implemented in 14 major...
More »Putative farmer-friendly policy killing rural prosperity, hurting farmers-TK Arun
Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...
More »Textile sector loses 1L workers to NREGA in 5 years-Melvyn Thomas
SURAT: The country's biggest man-made fibre industry in the city, which contributes to about 40 per cent of the nation's man-made fabric demand, is facing an acute shortage of workers. A huge chunk of skilled workers from states like Bihar, Uttar Pradesh, Orissa and Andhra Pradesh employed in the weaving and Processing sectors have shifted to their hometowns in the last five years due to National Rural Employment Guarantee Act (NREGA)...
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