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Stop Mining in Naxal-hit Areas: Deo by Urmi A Goswami

Government should consider a freeze on mining in Naxal-hit areas, tribal affairs minister V Kishore Chandra Deo has said. Deo clarified that he was not against the industry or economic development, but unresolved land rights and mining were principle causes of alienation among tribals. This gave Maoists a toe-hold to exercise control over the area and local population. “To a certain extent, unrest among the tribal population can be traced to...

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Petrol price: Oil firms, govt play politics at consumers' cost-Sanjay Dutta

State-run fuel retailers don't tire of flashing their "autonomy" to justify raising petrol price. But when it came to a reduction on Thursday, they suddenly appeared to have developed political bones: the three oil marketers firms hastily pulled back plans to cut price by Rs 1.60 or so, excluding taxes, to prevent the opposition from taking credit. The retailers had raised petrol price by Rs 6.28, excluding taxes, on May 23....

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More cases of 'wilful' default on bank loans by farmers

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

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Airport concessionaire made a fortune out of land acquired at Rs. 4 per square yard from Delhi farmers - Gaurav Vivek Bhatnagar

Farmers, whose land was acquired at a meagre Rs. 4 per square yard in South West Delhi way back in 1955 in the name of undertaking planned development, have now seized upon the opportunity raised by the report of the Comptroller and Auditor General of India — on the loss caused to the exchequer by leasing away of some of this very land by Indira Gandhi International Airport concessionaire Delhi...

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India loses Rs 60,000 crore due to traffic congestion: Study-Dipak K Dash

-The Times of India The country loses Rs 60,000 crore a year due to congestion (including fuel wastage), slow speed of freight vehicles and waiting time at toll plazas and checking points, a study on operational efficiencies of freight transportation by roads has claimed. It said vehicles crawl at an average speed of less than 20 kmph on some key corridors such as Mumbai-Chennai, Delhi-Chennai and Delhi-Guwahati while it's only 21.35 kmph...

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