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Tea firms see losses ahead as workers strike by Manish Basu

Two of India’s biggest tea companies, Goodricke Group Ltd and Duncans Industries Ltd, said they may plunge into losses as workers, backed by key political parties, agitate for more pay. The labour unions reject this contention. The two companies are the main plantation owners in West Bengal’s Dooars region and do not have too many gardens elsewhere. Between them they produce about 34 million kg of tea a year; Goodricke is...

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‘We need a regulatory framework that does not become licence permit raj’ by Manmohan Singh

In the past 50 years or so, we have come face to face with unusual climatic occurrences, weather changes and environmental disasters. These are a corollary of the global pursuit of rapid growth, in particular rapid growth of industrialisation, and very often the mindless and predatory exploitation of natural resources. These have happened across the world, without distinguishing between rich and poor nations... In the increasingly integrated world that we live...

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Bicycles getting crushed under India's rushing prosperity by Neeraj Kaushal

It is the 21st century version of the classic rabbit and tortoise story. Last weekend, a group of cyclists decided to race against Jet-BlueAirlines in Los Angeles when one of its busiest highways was shut down for construction and renovation. To help people get across the town fast, JetBlue started a special flight service. A group of cyclists decided to challenge the airlines to a bikeversus-airlines race. It turned out...

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PDS: Reform or Reject? by Rukmini Shrinivasan

Some interesting findings emerging on the Public Distribution System. A recent study of 100 villages in nine states says that leakages in the Public Distribution System are being plugged and diversion of grain has reduced, except in Bihar. The bad news, the researchers say, is that there are serious deficiencies in the BPL list. The study was conducted in 106 randomly selected villages in two districts each of Andhra Pradesh, Bihar, Chhattisgarh,...

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Independent regulator for environmental clearances soon, says Manmohan

-The Hindu   ‘Will work on full-time basis to evolve more objective standards of scrutiny' Amid criticism that industrialisation and economic growth were getting blocked due to delay in granting “environmental clearances” to industries, Prime Minister Manmohan Singh on Sunday announced the government's plans to set up an independent regulator for giving environmental clearances. “We also hope to establish an independent regulator — the National Environment Appraisal and Monitoring Authority — soon. This...

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