South Korean steel maker Posco may have to start its bid to enter India from scratch, letting six years of preparatory work go to waste. A top tribunal has cancelled environmental approvals given by the government last year for the company’s $12 billion (around Rs61,440 crore today) steel plant in Orissa and ordered that the environment ministry review the entire project afresh. The tribunal said environmental clearances have been accorded in...
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New panel for 'reliable' inflation, IIP data-Sidhartha
Under fire over data integrity issues, the government has tasked a panel to revise the wholesale price index (WPI) with the mandate to "enhance the reliability" of official statistics on all inflation measures. The 31-member panel, to be headed by Planning Commission member Saumitra Chaudhuri, has also been asked to explore the possibility of getting a single agency to collect data for compiling WPI and industrial production that are hitherto dealt...
More »The great Indian poverty game-Sonalde Desai
Nowhere are the argumentative Indians more visible than in the cacophony surrounding poverty estimates. Poverty is declining; inequality is increasing; no one can live on Rs 28 a day; nine per cent of Indians are poor; 70 per cent of Indians are poor. Poverty is too important to be used as ping-pong between optimists and pessimists on the Indian economy. I am deeply disillusioned to discover that there are no certainties...
More »When Home Is No Refuge for Women by Nilanjana S Roy
This month, two women’s stories, told courageously, helped to underline the reality of domestic violence in India. Nita Bhalla, a journalist, wrote for the BBC about being physically assaulted by her partner. Meena Kandasamy, a poet and writer on social issues, wrote movingly in Outlook, a national newsmagazine, of surviving a violent marriage: “My skin has seen enough hurt to tell its own story.” Both Ms. Kandasamy and Ms. Bhalla are,...
More »Limited vindication of the rights of women-Flavia Agnes
The proposed amendments to marriage laws lack the detail to guarantee women their full due The cabinet’s decision to clear a bill providing for amendment to marriage laws has evoked mixed reactions within women’s organisations. While the introduction of the notion of matrimonial property within Indian family laws is a welcome move, the manner in which it is being done seems hasty and without due consideration of its implementability. There is...
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