-The Economic Times The Supreme Court on Friday refused to ease its three-month old ban on the manufacture, sale and use of pesticide endosulfan despite an expert committee report favouring lifting the restrictions for all states except the worst-affected Kerala and Karnataka. However, a bench of Chief Justice S H Kapadia and Justices K S Radhakrishnan and Swatanter Kumar agreed to consider the industry's request for permission to export the...
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Shocking! Rs 12,228 cr lost in illegal ore Exports by Vicky Nanjappa
Vicky Nanjappa goes through Karnataka Lokayukta Justice Santosh Hegde's explosive report on illegal mining in the state and reveals damning figures of corruption. A jaw-dropping Rs 12,228 crore worth of iron ore was illegally exported in a a span of four years (2006-2010), says Karnataka Lokayukta Justice Santhosh Hegde in his report released a couple of days back which led to Chief Minister B S Yeddyurappa's exit. According to the report, which...
More »Food ministry against wheat Exports by Liz Mathew & Ruchira Singh
India’s domestic wheat prices higher than international rates by around $100 per tonne; traders seek subsidy India’s food ministry will oppose a proposal to export wheat as it prefers to distribute the excess to the poor within the country, K.V. Thomas, Union minister of state (independent charge) for consumer affairs, food and public distribution, said on Thursday. “We want the wheat produced by our farmers to be distributed here first,” Thomas said,...
More »Rethink on SEZ land limit
-The Telegraph The government plans to revisit the minimum space criterion for special economic zones as developers are facing problems in acquiring land. “Land issues are critical... I think the minimum size is something that needs to be looked at again definitely. You are not going to find 5,000 (hectares) of land area, it is a pipe dream. It’s not going to happen... I think that’s something we need to talk...
More »Poor economics
The embarrassment of riches in grain stocks confronting the government is a problem of its own making. It is the product of ill-conceived policies on grain procurement, storage and distribution and mistimed decisions on opening and shutting of foodgrain exports. The grain stocks that have piled up as a consequence are far more than needed for any rational inventory and public distribution programme. Burgeoning food stocks pose problems of storage...
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