-The Telegraph Chief minister Mamata Banerjee has sought to address stirrings of disenchantment by using the run-up to the Nandigram firing anniversary to reassure her core constituency that she would not budge from her known positions on land and industry. The chief minister emphatically asserted that her government would not endorse special economic zone (SEZ) status for the Infosys project in Rajarhat. She stuck to her stand that land ceiling would not...
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The dream that failed
-The Economist Nuclear power will not go away, but its role may never be more than marginal, says Oliver Morton THE LIGHTS ARE not going off all over Japan, but the nuclear power plants are. Of the 54 reactors in those plants, with a combined capacity of 47.5 gigawatts (GW, a thousand megawatts), only two are operating today. A good dozen are unlikely ever to reopen: six at Fukushima Dai-ichi, which suffered...
More »India defers decision on cotton export ban
-Reuters India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate on Friday, even after top buyer China had criticised the move, which boosted global prices. Indian exporters, who have some 2.5 million bales outstanding for overseas sales, are left with the limited consolation of shifting a maximum of 500,000 bales that have already been cleared by customs. "The meeting was inconclusive. Further discussion...
More »The dream that failed
-The Economist A year after Fukushima, the future for nuclear power is not bright—for reasons of cost as much as safety THE enormous power tucked away in the atomic nucleus, the chemist Frederick Soddy rhapsodised in 1908, could “transform a desert continent, thaw the frozen poles, and make the whole world one smiling Garden of Eden.” Militarily, that power has threatened the opposite, with its ability to make deserts out of gardens...
More »Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
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