-The Times of India Environment minister Jayanthi Natarajan has overruled objections from her officials to break the forest bureaucracy's Monopoly over the annual Rs 10,000 crore bamboo trade and declared it a 'minor forest produce' instead of a 'tree' under forest laws. This will allow tribals, instead of forest departments, to harvest and auction bamboo, which is one of the major raw materials for the paper, pulp and board industry, from their...

-The Telegraph The government today dug out a 2006 verdict to argue that the Supreme Court was against auction of coal blocks as law minister Salman Khurshid questioned the presumptive revenue loss of Rs 1.86 lakh crore in the allocation of 57 blocks. Congress spokesperson Manish Tewari, who addressed a joint media conference with Khurshid, read out the verdict that had nullified the NDA government’s plan for e-auction of coal blocks. The verdict...

-The Economic Times The disruption of Parliament over coal raises four issues. The first is the BJP not allowing a debate to take place on the so-called coal scam. The second is the machinations in coal and the Comptroller and Auditor General's estimate of loss and gain.  The third is the CAG suggesting that the government should have overridden the objections of state governments to the Centre's proposal to hold auctions for...

-The Economic Times The power failure in India on July 30-31 was big news in US media. When the radio and TV stations began calling with the question whether this spelt the end to India's claims to global-power status, my first reaction was to remind them that a similar failure of the grid in 2003 had drowned the entire Northeast and Midwest in the US and Ontario in Canada into darkness. But,...

-The Economic Times The government is ready to give up its Monopoly over coal mining to meet the requirements of the economy, if BJP supports a long-pending legislation to amend the Coal Mine Nationalisation Act (CMNA). "We are ready to take up the bill and open up the coal sector to increase production. This is the only way forward and there is a consensus within the government on this. Once BJP comes...