-The Hindu If the Adani group is allowed to continue its Development Projects in Kutch simply by ‘compensating' for their ecological damage, the Centre will set a dangerous precedent that lets money power trump environmental regulations The Adani Group may be fined Rs.200 crore for a series of environmental violations committed by their waterfront development, port and power plant projects in the Mundra taluka of Kutch district. The waterfront development project, which...
More »SEARCH RESULT
Construction of massive steel plant in India must be halted immediately –UN experts
-The United Nations United Nations independent experts today called on Indian authorities to immediately halt the construction of a massive steel plant in the eastern state of Odisha - formerly known as Orissa - which threatens to displace more than 22,000 people Jagatsinghpur District and disrupt the livelihoods of thousands more in the surrounding area. "The construction of a massive steel plant and port in Odisha by multinational steel corporation POSCO must...
More »Govt issues clarification on wage-material ratio under NREGA projects -Urmi A Goswami
-The Economic Times NEW DELHI: Keeping his promise to focus on creating durable assets under the UPA's flagship rural employment guarantee programme, rural development minister Jairam Ramesh has made changes to the programme's guidelines. In a letter sent to all chief ministers, Ramesh announced a clarification to the operational guidelines of the Mahatma Gandhi National Rural Employment Guarantee Act, which would allow for use of funds to create durable assets. The clarification relates...
More »Planning Commission finalises PPP tribunal bill draft -Yogima Seth Sharma
-The Economic Times NEW DELHI: Four months after the proposal was first mooted, the Planning Commission has finalised the draft of a bill that seeks to set up a tribunal to resolve disputes arising in public-private partnership (PPP) projects. The commission presented the draft of the dispute resolution bill to the Prime Minister's Office last week, a senior official at the commission told ET. "We have sent the final draft to the PM...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
More »