-PTI Heavily dependent on the Centre for supply of electricity and facing acute power shortage, Bihar has taken steps for setting up 25 hydel power projects for generating about 800 MW with the proposals at various stages of approval, official sources said. Bihar State Hydel Power Coporation Limited Managing Director A K Pandey told PTI that the state had at present 54 MW capacity hydel power plant and work was on at...
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Bofors arms deal: 'No evidence Rajiv Gandhi took bribe'
-BBC A former head of Swedish police says there is no evidence that late Indian leader Rajiv Gandhi received a bribe in an arms scandal that contributed to his defeat as PM in elections in 1989. Sten Lindstrom led the probe and has identified himself as the whistle-blower who recently leaked documents. Mr Lindstrom said, however, that Gandhi had "done nothing" to prevent a "massive cover-up" in Sweden and India. Swedish arms firm AB...
More »Govt mulls new norms, tax sops to revive SEZ boom-Siddharth
NEW DELHI: It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications. The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for...
More »Posco in limbo-V Venkatesan
The National Green Tribunal's decision to suspend the environmental clearance given to Posco vindicates the project's critics. ON March 30, the Principal Bench of the newly formed National Green Tribunal (NGT) delivered a momentous decision suspending the environmental clearance (EC) given to the South Korean transnational corporation, Posco, to set up an integrated steel plant at Paradip in Odisha's Jagatsinghpur district. The former Union Minister for Environment and Forests, Jairam...
More »Ending hunger critical to ensuring development that is sustainable – UN official
-The United Nations The world must tackle the urgent challenge of ending hunger if it is to ensure a model of development that is sustainable over the long term, the head of the United Nations Food and Agriculture Organization (FAO) stressed today. “We cannot call development sustainable if we are leaving almost one in every seven people behind, victims of undernourishment,” Director-General José Graziano da Silva told participants at FAO’s biennial regional...
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