About 5,000 tribal villagers agitated against the Maithan Power Limited here today. According to the tribals, Tata Power purchased 1,200 acres land from 1,600 families for the project, a joint venture between Tata Power and Damodar Valley Corporation. They maintained they were promised jobs for every family in lieu of the land they gave up, but no jobs have been provided so far. "Till now, 90 percent of the work has been completed,...
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India Journal: Why Vedanta Lost and Posco Looks Like a Winner by Rupa Subramanya Dehejia
Two large industrial projects, one poor state, two likely different outcomes — and a long-haired, flamboyant environment minister-turned-crusader starring in both. No, this is not your latest blockbuster but it has the makings of one. As reported Monday, Posco, the South Korean steelmaker, cleared a major regulatory hurdle in its bid for a massive steel project in Orissa. An environment ministry panel gave clearance for an initial steel production capacity of...
More »Food subsidy Bill may rise by Rs 25k crore
The food subsidy Bill for 2010-11 could shoot up by nearly Rs 25,000 crore to touch Rs 80,000 crore, putting further pressure on the government’s finances, a food ministry official said on Tuesday. The government has budgeted Rs 55,578 crore for the current fiscal. The sharp increase in the subsidy is because of higher minimum support price ( MSP )) for crops and the government holding food stock that are nearly three times...
More »Jhansi farmers protest against government's land acquisition
Scores of farmers staged a protest in Uttar Pradesh's Jhansi city on Tuesday to protest against the government's acquisition of their lands. The agitating farmers also demanded proper compensation for their lands. "We want proper compensation for the lands that have been taken by the government, the lands which have been snatched from us. They have taken our wells, our tress; we want compensation for that or else give us land in...
More »Mines Act amendment to benefit 55 lakh workers
It will be tabled in the budget session of Parliament: Kharge Manmohan's nod obtained for amendment 17 amendments to impose higher penalties In a move that will benefit 55 lakh workers in the mining sector in the country, the Union Labour and Employment Ministry is amending the National Mines Act 1952. The Amendment Bill would be tabled during the budget session of Parliament. Announcing this at a press conference at the Karnataka Pradesh Congress...
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