-The Hindustan Times Tribals in colourful and traditional attire danced in joy as the last of the 12 gram sabhas on Monday overwhelmingly voted against the proposed bauxite mining by Vedanta Group's alumina refinery plant in Odisha's Niyamgiri hills. With this all the 12 gram sabhas have voted against the proposed bauxite mining in the hills, driving in the proverbial last nail in Vedanta's fading mining hopes. Like all previous gram sabhas, the...
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Indian economy destroyed by mindless consumption -Bharat Jhunjhunwala
-The Hindustan Times In his Independence Day address, Prime Minister Manmohan Singh said the rupee is down because of the global economic crisis. A look at the events of the last decade reveals otherwise. When the global economy was doing well between 2002 and 2008, the rupee was stable at about Rs. 45 to a dollar. When the global crisis erupted in 2008 and continued until 2012, the rupee held stable...
More »Vedanta's Niyamgiri bid comes unstuck-Jayajit Dash
-The Business Standard Quick step by govt to provide alternate source only hope for Lanjigarh refinery Bhubaneswar: The 12-0 drubbing in gram sabhas held to seek a referendum on bauxite mining in Niyamgiri hills has pushed into uncertainty the fate of Rs 5,000 crore one million tonne refinery of Vedanta Aluminium (VAL) at Lanjigarh, which is struggling to stay in operation by sourcing bauxite from different places outside Odisha. The Dongaria tribes of...
More »No family can survive on Rs 11,000 a year: HC -P Vasanth Kumar
-The Times of India BANGALORE: The Karnataka high court has wondered whether any family can survive on an annual income of less than Rs 11,800, the ceiling to apply for BDA sites under economically weaker sections (EWS) category. Observing that the government must revise the ceiling for all categories every year, the high court has said a beneficiary must not pay for government's failure. "The Rs 11,800 ceiling was fixed long ago. The...
More »UP lost Rs 1,400 crore to illegal mining, CAG says -Shailvee Sharda
-The Times of India LUCKNOW: Illegal mining in Uttar Pradesh between 2005-11 caused a loss of Rs 1,400 crore to the exchequer, says a draft report of the comptroller & auditor general. The report, prepared on the activities of state geology and mining directorate, belies state government's claims on checking illegal mining and indicates that illegal mining is widespread. It reveals several procedural gaps in legal quarrying as well. The auditors, who...
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