Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »SEARCH RESULT
World Bank withdrew from Amaravati due to corruption, claim AP govt officials -Yunus Y Lasania
-Livemint.com * The then TDP government had invited tenders for infrastructure development even before the World Bank loan details were finalized, said an official with the state government, requesting anonymity * According to the official, the team found numerous irregularities Hyderabad: Days after the World Bank (WB) announced backing out of Amaravati capital city project, by withdrawing its $300 million funding, officials from the Andhra Pradesh government said rampant corruption besides flouting of...
More »Moved by the spectacle -Sreejith Sugunan
-The Indian Express Closure of Sterlite plant says something about our collective morality: Death, violence move governments more than reason and evidence It took a brazen exercise of what sociologists since Max Weber refer to as the state’s “monopoly of violence” by Tamil Nadu authorities to bring our attention to a problem that had been affecting the local residents of Tuticorin for over two decades. Since this tragic incident, it took hardly...
More »UN Experts Criticise 'Excessive' Use of Force by Police at Anti-Sterlite Protest
-TheWire.in They have demanded an independent and transparent probe into the May 22 violence which left 13 dead and several injured. New Delhi: United Nation’s human rights experts have criticised the “disproportionate and excessive use of force” by the police during the anti-Sterlite protest in Thoothukudi in Tamil Nadu on May 22. The police firing and violence had left 13 dead and scores injured and had evoked widespread criticism in India...
More »What was done with the Rs 100 crore fine Vedanta paid for Sterlite violations? Not much, finds RTI query -Priyanka Thirumurthy
-TheNewsMinute.com The SC had ordered for the interest from to penalty to be spent for improving the environment, including water and soil, of the vicinity of the plant. Over the last five years, the Thoothukudi district administration has failed to not only address the angst of residents over pollution by Sterlite copper but also to utilise funds to improve the environment in the vicinity of the plant, government documents received under...
More »