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Tax returns expose Rs. 600-cr. illegal iron ore transactions by Bageshree S

57 lakh tonnes of ore purchased from unlicensed dealers The Department of Mines and Geology has initiated proceedings to recover Rs. 600 crore from iron ore exporters for buying a staggering 57 lakh tonnes of ore from unlicensed dealers since 2003-04. According to sources in Hospet, the scam came to light when the Department of Mines and Geology tapped the offices of the Commercial Taxes Department and verified records. It was found...

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Food items from Japan to be checked for radiation

All food items imported from Japan will be checked for radiation at the Ports before being allowed into the country. Authorised officers of the Food Safety and Standards Authority of India (FSSAI) have been asked to get all food items originating from Japan tested at the Ports and airPorts. Food items transported from March 11 will be tested. The Revenue Department has also been requested to advise all the customs points, which clear...

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Monkombu Sambasivan Swaminathan, father of Indian Green Revolution interviewed by Sreelatha Menon

Forty years ago Monkombu Sambasivan Swaminathan helped rescue the world from growing famine and a deepening gloom over the future of food supplies. Today, public policy projects itself as pro-farmer but it does it half-heartedly, complains Swaminathan. M S Swaminathan, member of the National Advisory Council and father of the Green Revolution says the government's allocation for agriculture is insignificant. Doesn't the Union Budget reflect a new focus on agriculture?...

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Centre slashes MEP for onions by 25% to $450

In a major relief to farmers and exporters, the Centre on Wednesday slashed the minimum export price (MEP) for onions by 25 per cent to $450 a tonne from $600. “Minimum Export Price of onions other than Bangalore Rose onions and Krishnapuram will be $450 per tonne freight on board,” Directorate General of Foreign Trade (DGFT) said in a notification. Last month, the government had lifted a ban on onion exPorts after...

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Development not at the cost of ecology: Jairam by Manas Dasgupta

Agitations show people don't want blind development Launches research centre on marine bio-diversity Minister of State for Environment and Forests Jairam Ramesh on Wednesday criticised the country's “blind development plans” at the cost of ecological balance. “I am not against development but it should not be at the cost of our environment. We are presently following development plans blindly which can only lead to damage of the environment with ultimate impact on the...

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