The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
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CIC asks PMO to declare Ministers' assets
The Central Information Commission (CIC) on Monday directed the Prime Minister's Office to declare Union Ministers' assets after getting the nod from the Rajya Sabha Chairman and the Lok Sabha Speaker, and said the opinion of the heads of both Houses will be applicable to all future Right to Information queries seeking such information. Chief Information Commissioner Wajahat Habibullah passed the order while hearing a petition from RTI activist Subhash Agarwal,...
More »‘Iron’ic? Story of the Great Indian Loot by Shankar Raghuraman
Take a look at the accompanying map and you can’t but notice the extent of overlap between India’s thickly forested areas, the regions with the bulk of the country’s most important mineral Wealth and the territory over which Maoists are dominant. Is this just a coincidence? No, that would stretch credulity. So what connects the Maoist menace with forests and mining? Clearly, forests give a guerilla force its best chance...
More »Farmers oppose thermal power projects
The monthly farmers' grievance meeting held here at the district collectorate on Friday witnessed a slew of demands from farmers ranging from early desilting of PWD channels to release of crop loans to opposition of proposed power projects. There was a collective demand for desilting of PWD channels before water was released from the Mettur Dam. Transparency in the number of channels listed for desilting, along with works cost involved for...
More »Why Posco is in trouble in India
Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...
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