In a first step of its kind, nine private companies have been shortlisted by the Union rural development ministry to develop infrastructure in the rural areas and maintain it for a period of 10 years. The project, envisioned as part of former President A P J Abdul Kalam’s pet scheme, Provision of Urban Amenities in Rural Areas (PURA), will see these nine private players undertaking pilot projects in January next year...
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Coal firms told to share profits with land owners
Coal companies in the public and the private sector should share either their profits or their royalty with project-affected people, Union Minister of State (Independent charge) Sriprakash Jaiswal said. Talking to the media after addressing a seminar on “Indian coal sector: issues and prospects” here on Monday, he said this would become law once the new mining policy was finalised. When asked for his views on this issue, he said, “We...
More »Why Indians should fear the UID by Praful Bidwai
The Aadhaar or UID project has grave implications for every Indian. It will enable the government to profile every citizen and track their movements and transactions. There is no guarantee that intimate personal information -- pre-existing illnesses, romantic relationships etc -- won't be shared with other agencies, warns Praful Bidwai. An elaborate charade has begun with the rolling out of the first Aadhaar unique identity numbers in a tribal district of Maharashtra by...
More »CPI demands ban on micro finance firms
The Communist Party of India (CPI) state secretary, Dr K. Narayana, has demanded that the government impose ban on micro finance companies (MFCs) to prevent escalation of suicides in villages. Speaking to reporters here on Friday, he alleged that the government-created poverty has been forcing the farmers and various sections of the society to end their lives and the toll will rise if the MFCs are allowed to continue. He alleged...
More »Six ministries to decide on FDI retail by Anindya Upadhyay
An inter-ministerial panel will decide on the contentious issue of opening organised retail to foreign investment after examining stakeholder feedback to the discussion paper put out by the government. “A panel of six ministries was constituted on September 27, which will be chaired by Kewal Ram, senior economic advisor in the consumer affairs ministry,” a government official told ET. The committee will have representation from the department of industrial policy and promotion,...
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