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World Bank’s $1b loan for JNNURM to come with strings

A team from the World Bank will be in New Delhi soon to work out the nitty-gritties of a $1-billion loan to the urban development ministry for carrying forward the cash-starved flagship scheme for upgrading urban infrastructure, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). There would, however, be conditionalities attached to the use of the fund as it would be reform-linked and only select states would get access to...

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A possible link between hydraulic fracturing and pollution of groundwater supplies causes concern.  Environmental groups contend that governments have been slow to react and are not looking hard for contamination Gas companies use at least 260 types of chemicals, many of them toxic, during the hydraulic fracturing process Victoria Switzer dreamed of a peaceful retirement. Instead, she is coping with a big hassle after a nearby natural gas well contaminated her family’s...

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