Latehar, Hazaribagh and Gumla in Jharkhand, Bastar in Chhattisgarh, Chandrapur in Maharashtra, the Jaintia Hills in Meghalaya… the list goes on. These are all districts in India where mining companies are locked in a battle with the local population over the mining rights in these regions. Other than fighting mining companies, there are two factors common to all these regions. One, they have fertile land and dense forests. Two, indigenous tribes...
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Food will never become cheaper as expenses rise by Nidhi Nath Srinivas
Never mind wishful thinking by the government and RBI. Food will never be cheaper than what it is today. Not this year. Or in future. The reason is simple. Growing food in India has become extremely expensive. Crops are pricier even before they reach the market and face the pulls and tugs of rising local demand and exports. The farmer’s single biggest cost now is labour. Farm labour wages have doubled...
More »Power thefts cost India Rs 45k crore in 2009-'10 by Chittaranjan Tembhekar
India's power revolution seems to have run out of steam due to transmission and distribution losses. The country is losing a huge quota of power to faulty distribution networks and power theft every year. The losses, experts say, are currently 29 %of the total generation, which equals a shocking Rs 45,000 crore in the fiscal year 2009-10 . The drop in losses since 2001 is a negligible 3% . President...
More »Apec nations aim to boost farm produce
Asia Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the Asia Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...
More »Sweet pill
Uttar Pradesh is not a state readily associated with dynamic economic reform. But the state has taken giant strides in reforming one of the least reformed industries in India: the sugar industry. The country’s second largest sugar producing state after Maharashtra is undertaking an aggressive privatisation of its state-owned sugar mills. It has, just recently, successfully sold off 10 of the 11 operating units of the state’s Sugar Corporation to...
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