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Coal blocks allocation flawed: CBI to Supreme Court

-The Hindustan Times The Centre and the CBI faced off before the Supreme Court over the coal scam on Tuesday, with the investigating agency pointing out flaws in the coal block allocation process. To ensure there is no political interference, the court asked the investigating agency not to share its probe report with the government. This is the first time the Central Bureau of Investigation has pointed out irregularities in coal block...

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Jumbo con: Chhattisgarh fudges forest data for coal mining -Nitin Sethi

-The Times of India The Chhattisgarh government fudged records, concealed facts, changed policy and altered decisions while the Union environment ministry overlooked all such illegalities to open up 1,899 hectares for mining in Hasdeo Arand, one of the best patches of forests in central India. Initially, the Centre had decided to protect Hasdeo Arand by making it a no-go zone for miners. The Chhattisgarh government too had moved to get the dense...

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Mirage of development -Lyla Bavadam

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...

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Dismal economic data adds to government’s woes

-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...

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Prof. Jagdish Bhagwati, noted Economist and and Columbia University professor interviewed by Shaili Chopra

-Tehelka Edited Excerpts From An Interview NOTED ECONOMIST and Columbia University Professor Jagdish Bhagwati’s pro-free trade stance is well-known. A friend of the prime minister and his batch mate from Cambridge University, Professor Bhagwati feels the UPA’s departure from the stagnation of the past few years is a welcome change, and lauds the decision to allow FDI in multi-brand retail. In an interview to TEHELKA Business Editor Shaili Chopra, Bhagwati says more...

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