The environment minister promised much, but his flip-flops of late raise concern Mr Compromised     * Vedanta In ’09, Jairam said no to mining. Now says yes to refinery expansion though water is scarce.     * Polavaram dam Gives forest clearance, then seeks explanation     * Posco Under litigation as the ministry says yes to forest clearance for iron ore/steel plant     * Lavasa township Ministry report says ecologically sensitive Ghats will be affected....

NREGA has always been touted as the UPAs flagship scheme but there have been a number of instances when the scheme has been misused by those who are dispensing funds.   IAS officers Sukhveer Singh and Chandrashekar Borkar both posted in Seedhi district in Madhya Pradesh, between 2006 and 2007, were charged with misappropriating nine crore rupees during this Tenure. Funds meant for NREGA, a scheme that ensures hundred days of work...

Despite its slackening industry, the common perception of West Bengal as a backward state has little substance when one looks at the facts. Most of us are conditioned to view economic development in terms of industrialisation. While industrialisation is essential for economic transformation, it is not as if economic growth is not possible without it. The sectoral structure of India's gross domestic product (GDP) and its slow transformation makes a good...

The Supreme Court on Friday slammed Communications Minister Kapil Sibal for his remark that the official auditor's report was "utterly erroneous" in assessing the loss on award of telecom spectrum at Rs.1.76 lakh crore ($40 billion). "It is unfortunate," said the apex court bench of Justice G.S. Singhvi and Justice A.K. Ganguly. The court said the minister must be more responsible and directed the Central Bureau of Investigation (CBI) to proceed with...

A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...