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Rail Tariff Authority to take call on fare hike -K Balchand

-The Hindu Union Railway Minister C.P. Joshi has announced the decision to constitute a Rail Tariff Authority, based on which the next hike in passenger fares and freight rates will be effected. The Tariff Authority is an attempt at insulating the Railways from various hikes being effected by the government, including on fuel price, which officials regard as having made the operation of the Railways in the current situation unviable. Addressing the Economic...

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Natural resources: A blessing or a curse for nations?-Joseph E Stiglitz

-The Economic Times New discoveries of natural resources in several African countries - including Ghana, Uganda, Tanzania, and Mozambique - raise an important question: will these windfalls be a blessing that brings prosperity and hope, or a political and economic curse, as has been the case in so many countries? On average, resource-rich countries have done even more poorly than countries without resources. They have grown more slowly, and with greater inequality...

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Adani's SEZ under government scanner-Sidhartha

-The Times of India The threat of cancellation looms large over Adani ports & Special Economic Zone's 1,840-hectare enclave in Gujarat for alleged violation of Centre's norms, including unauthorized construction over a plot that was not vacant. While a show-cause notice was issued a couple of months ago, and permission "suspended", the commerce and industry department is expected to issue the final orders over the next few days. Sources said commerce secretary...

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Nailing the lie of the land-Medha Patkar

-The Hindu A few thousand representatives of various people’s movements from across the country have gathered at Jantar Mantar in the national capital. They are Dalits, Adiviasis, sections of unprotected working class including farmers and fish-workers but they all form one ‘biradari’ of those who live off land, water, forest. They are the ones who produce, distribute, build, operate, clean, sell, drive and do all that enable society to survive, proceed...

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Odisha, Jharkhand to Stop Illegal Mining in Border Areas

-PTI Odisha and Jharkhand today resolved to end illegal mining activities in their border areas by adopting information technology-based solutions. "We have discussed several issues including inter-state movement of minerals. We have decided to adopt IT solutions to overcome the illegal mining activities in the border areas," Odisha's home secretary U N Behera told reporters here. Jharkhand Home Secretary J G Tubid said "We are looking into all aspects of the illegal mining...

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