Non-urea fertilizer prices were freed in April 2010, but GSFCL, DFPCL, RCF still got gas at regulated prices The fertilizer ministry is considering asking three non-urea fertilizer makers to return part of the gains they have made since April 2010 on account of gas supplied to them at regulated prices while they were allowed to sell their products at market prices. Rashtriya Chemicals and Fertilizers Ltd (RCF), Gujarat State Fertilizers and Chemicals...
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Ban mining in Western Ghats: Panel by Nitin Sethi
In what could dramatically alter economic activity in almost 45 districts across five states - Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu - and the entire state of Goa, a panel of the Union environment ministry has recommended that mining and industrial growth be banned in more than 80 revenue blocks and strictly regulated in another 75-odd revenue blocks or talukas. It also recommended a large set of regulations on other aspects...
More »Dwindling Resources Trigger Global Land Rush by Stephen Leahy
A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...
More »Bhopal gas tragedy: Won't submit to Supreme Court jurisdiction, says Dow Chemicals by Dhananjay Mahapatra
US-based multinational Dow Chemicals has declined to share its wholly owned subsidiary Union Carbide Corporation's alleged past residuary liability towards compensating 1984 Bhopal tragedy victims and refused to submit to the jurisdiction of the Supreme Court of India, which is dealing with the Union government's plea for an additional Rs 7,844 crore to the gas victims. The UCC also took a stand similar to Dow Chemicals in not submitting to the...
More »Tamil Nadu Panchayat seeks to scrap Kudankulam nuclear power project
-The Economic Times The local panchayat adjacent to the Kudankulam nuclear power plant has passed a resolution against the project, making things difficult for the state government caught between the rational to commission the nuclear power plant and protest in south Tamil Nadu against it. The panchayat's decision is considered a setback for the Centre's desire to have the plant commissioned at the earliest. The development adds to Tamil Nadu chief minister...
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