In what could dramatically alter economic activity in almost 45 districts across five states - Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu - and the entire state of Goa, a panel of the Union environment ministry has recommended that mining and industrial growth be banned in more than 80 revenue blocks and strictly regulated in another 75-odd revenue blocks or talukas. It also recommended a large set of regulations on other aspects...
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Government taking fresh steps to build consensus on retail FDI, says Prime Minister
-The Economic Times Prime Minister Manmohan Singh on Tuesday assured industry that the Centre is making renewed efforts to open up foreign direct investment in multi-brand retail, despite Uttar Pradesh (UP) election results where the winning Samajwadi Party has opposed FDI in retail in its manifesto. Singh told a delegate of senior members of industry body Assocham that the Centre is taking fresh efforts to evolve consensus amongst the various stakeholders on...
More »Post-Election Blues in West Bengal by Sumanta Banerjee
Trinamool Congress government’s policies in West Bengal are leading to suicides of small farmers, a reign of terror in the Jangalmahal area and a curbing of academic and trade union rights. Its student activists beat up students and teachers who do not profess loyalty to the party. Will the CPI(M) which led the previous Left Front government for 34 years and paid the price for its insolence and corruption...
More »Growing water shortages carry economic risks that are as damaging as political corruption by Brahma Chellaney
Water is the most critical of all natural resources on which modern economies depend. Water scarcity and rapid economic advance cannot go hand-in-hand. Yet, with its per-capita water availability falling to 1,582 cu m per year, India has become water-stressed. In 1960, India signed a treaty indefinitely setting aside 80% of the Indus-system waters for downstream Pakistan - the most generous water-sharing pact thus far in modern world history. Its 1996...
More »Nine months on, a new CPM is born by Madhuparna Das
Nine moths after the thrashing it received in the Assembly elections, the CPM leadership has undertaken a purge within. It has dropped 13 of its veterans from the West Bengal state committee, three of them several-term MPs, from key posts on grounds of “anti-party activities” or age and health. Party insiders say the exercise was a reflection of Buddhadeb Bhattacharjee asserting himself with the party’s state unit. Such a drive had,...
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