-PTI Government auditor CAG on Friday said private firms are likely to gain Rs 1.86 lakh crore from coal blocks that were allocated to them on nomination basis instead of competitive bidding, which amounted to the loss to national exchequer. The CAG in its report, tabled in Parliament, names 25 companies including Essar Power, Hindalco, Tata Steel, Tata Power and Jindal Steel and Power which have got the blocks in various states. "Delay...
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Riots & the bogey of Bangladeshis-Banajit Hussain
-The Hindu During the humanitarian crisis that has unfolded in Kokrajhar, Bongaigaon and Chirang districts of the Bodoland Territorial Autonomous Districts (BTAD) and the adjoining Dhubri district, we have witnessed the tragedy of nearly 400,000 people belonging to the Bodo and Muslim communities being forced to move to 273 temporary refugee camps. These people will stand internally displaced, scarred and traumatised for months to come, if not years. So far, it...
More »Cutting Fuel subsidy can cause 2.6% spike in inflation: RBI chief D Subbarao
-The Economic Times Reserve Bank of India Governor D Subbarao has said the proposed elimination of Fuel subsidy can lead to a massive 2.6% spike in inflation, an assessment that makes it even more difficult for the government to bite the bullet. While a hike in diesel and cooking gas prices may be long overdue, the government is hard-pressed to contain inflation ahead of crucial assembly polls in Gujarat and Himachal Pradesh...
More »Living off the land-Darryl D’Monte
-The Hindustan Times Although some detailed exposés of India’s nefarious role in purchasing or leasing agricultural land in other countries — notably in Africa — have been surfacing in the last few years, the full picture of what some critics term a land grab and new form of colonialism has only emerged during the Rio+20 environmental meet in June. The Washington DC-based think tank, the Worldwatch Institute, released a report based...
More »Kudankulam nuclear reactor to be Fuelled by mid-August: Officials
-IANS Chennai: The Nuclear Power Corporation of India Ltd is hopeful of soon getting clearance from the sectoral regulator to Fuel the first reactor at Kudankulam Nuclear Power Project (KNPP), a senior official said Sunday. "We had two detailed meetings with Atomic Energy Regulatory Board (AERB) Friday and Saturday. We hope to get a positive response from AERB in a week's time-by coming Saturday or Sunday," SA Bhardwaj, director (Technical) told IANS...
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