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Petrol consumption may decelerate in FY12 by Amrit Raj

The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...

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Andhra Pradesh plans 67,000-cr Agribusiness zone

-The Economic Times After emerging as one of the pioneers in the investment regions of petroleum products and information technology, Andhra Pradesh is now weighing the benefits of promoting an Agribusiness Investment Region (ABIR) involving major agri clusters in three of its geopolitical regions.  The proposed ABIR project in Andhra Pradesh, to be taken up in a public private partnership (PPP) model, involves setting up an integrated infrastructure for rural business and...

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Post-Election Blues in West Bengal by Sumanta Banerjee

Trinamool Congress government’s policies in West Bengal are leading to suicides of small farmers, a reign of terror in the Jangalmahal area and a curbing of academic and trade union rights. Its student activists beat up students and teachers who do not profess loyalty to the party. Will the CPI(M) which led the previous Left Front government for 34 years and paid the price for its insolence and corruption...

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Dwindling Resources Trigger Global Land Rush by Stephen Leahy

A global scramble for land and mineral resources fuelled by billions of investment dollars is threatening the last remaining wilderness and critical ecosystems, destroying communities and contaminating huge volumes of fresh water, warned environmental groups in London Wednesday. No national park, delicate ecosystem or community is off limits in the voracious hunt for valuable metals, minerals and fossil fuels, said the Gaia Foundation’s report, "Opening Pandora's Box". The intensity of the...

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DRDA adopts cluster approach for MGNREGS by PVV Murthi

The District Rural Development Agency (DRDA), Vellore has adopted a cluster approach in undertaking various works under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in order to enable more villagers to get employment, according to N. Srinivasan, Project Officer of the DRDA. Talking to newspersons at the Alangulam irrigation tank in Melappulam village panchayat in Arcot panchayat union where the work of deepening of the tank under MGNREGS was...

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