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Koda & Co. property worth Rs 300cr by Pheroze L Vincent

Enforcement Directorate has begun attaching Madhu Koda and his friends’ properties, mostly flats and land in Bihar, Jharkhand and Maharashtra, valued at over Rs 300 crore. Armed with an April 6 approval order from the adjudicating authority for cases under the Prevention of Money Laundering Act (PMLA), the directorate is sticking to the higher valuation even though 2007 revenue department assessments pegged the properties’ worth at around Rs 130 crore. “This is...

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24 amazing innovations from rural India

India's rural innovators have proved that ordinary people are indeed capable of extraordinary inventions. Despite many constraints -- lack of education and severe cash crunch -- most of them have succeeded in using technology cost-effectively to build ingenious products. A washing-cum-exercise machine, hand operated water lifting device, portable smokeless stove, automatic food making machine, solar mosquito killer, shock proof converter, a floating toilet soap are few of the products on display...

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In two voices by Venkitesh Ramakrishnan

Recent actions of some senior BJP leaders hint at an understanding between the Congress and the main opposition at the leadership level. THE Bharatiya Janata Party's (BJP) credentials and commitment as the principal opposition party of the country have been repeatedly questioned in the past seven years, the period in which the Congress-led United Progressive Alliance (UPA) has held the reins of power at the Centre. Recent developments in Parliament...

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Delhi budget: Diesel vehicles to cost more, free healthcare for 27L kids

Over the last couple of years, the Delhi government's budgets had focussed largely on beefing up the city's physical infrastructure in time for the Commonwealth Games. With the Games over, the budget for 2011-12, the first presented by Sheila Dikshit, shifted focus to social infrastructure with welfare measures in health and education targetted at the school-going. Welfare measures apart, the budget cited environmental concerns to hike taxes on diesel vehicles and...

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Fertilizer subsidy: what is good for the farmer and the farm? by Raghuvansh Prasad Singh

Is the chemical fertilizer-based food production system sustainable? As a result, what happens to the soil and the larger issue of food security? After a raging debate, the government finally decided to hike the chemical fertilizer subsidy, to catch up with spiralling fertilizer prices in the global market. Also, there is talk about bringing urea under the Nutrient Based Subsidy (NBS) system and decontrolling its prices. Obviously, the fertilizer industry...

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