West Bengal chief minister Mamata Banerjee may have complained of inheriting empty coffers from the Left Front government that ruled the state for 34 years, but cold statistics reveals that it created a base for her to build upon. During the last few years of the Left rule, Bengal witnessed rapid industrialization. Former chief minister Buddhadeb Bhattacharjee steered the state to fourth position in terms of rapid growth of industry...

The curiosum of a ‘red regime’ with a knack to get re-elected term after term for over more than three decades within the ambit of a full-fledged multi-party democracy has finally disappeared. The Left Front, led by the Communist Party of India (Marxist), has not merely lost the poll in West Bengal, it has been made mincemeat of. Its vote share has come down from close to 50 per cent...

A Working Group (WG) set up by the Sonia Gandhi-led National Advisory Council (NAC) has drafted a detailed note on land acquisition and relief and rehabilitation which seeks not only to go beyond the pending government bills on the subject, but recommends that the two be merged into a single National Development, Acquisition, Displacement and Rehabilitation Act. Interestingly, it rejects the Haryana model that Congress leaders only too often hold up...

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

Renewable energy sources such as solar power, wind, biomass and hydropower could meet nearly 80 per cent of the world’s energy supplies by 2050 if governments pursue policies that harness their potential, a United Nations-backed report released today says. The findings of more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC) indicate that if the path of renewable source is fully followed, greenhouse gas emissions could stay...