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Mining ban in Karnataka may push up steel prices by Rakhi Mazumdar

Steelmakers and mine owners, reeling under a ban on mining in Karnataka, are keeping their fingers crossed about the Supreme Court hearing scheduled on Friday. The uncertainty in iron ore and the resultant rise in ore prices have led the steel industry to actively consider an upward revision in prices, just days after most companies mentioned of keeping product price levels unchanged. "Iron ore spot prices have been rising by $1-2 daily...

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26% profit sharing to help increase production: Coal India

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected...

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P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner interviewed by Pradeep Baisakh

P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner, shares with Pradeep Baisakh his views on the POSCO project, Odisha farmers’ suicides and the National Food Security Bill You have visited Odisha quite often. How, in your view, has it changed in the last 20 years? Inequalities have increased massively. Earlier, we used to hire jeeps which were falling apart. Today, to go to Kalahandi, you have Innovas,...

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Our Self-righteous Civil Society by Pranab Bardhan

Over the last few decades thenon-party volunteer organisations have been much more effective in Indian public space and more articulate in policy debates than the traditional Left parties. This essay, while recognising the manifold achievements of these organisations, reflects on the serious limitations of the activities of the voluntary sector and argues that when they usurp certain roles they can become a threat to representative democracy. [Pranab Bardhan (bardhan@econ.berkeley.edu) is at...

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Food security depends on development of agriculture sector, says President by R Krishna Das

President Pratibha Devisingh Patil has stressed for increasing agricultural production in the country by using modern technology. “We must not forget that the food security in the country is dependent on the development of agriculture sector,” she said while addressing members of Chhattisgarh Legislative Assembly here on Friday afternoon before inaugurating the newly constructed central hall in the premises. The President said new agriculture system and modern technology should be used with...

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