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Throwing in the Towel

-Economic and Political Weekly The anti-corruption movement’s antics have weakened other movements for accountability. The recent fast-unto-death by members of “Team Anna” (a self-proclaimed name which has always sounded pompous even if loved by a media looking for a catchy t­itle) thankfully ended without any calamity on the advice of a group of “eminent” citizens and with a promise to carry on the “movement” in the political sphere. Many commentators have, rightly,...

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Posco land acquisition to resume in 15 days-Sadananda Mohapatra

-The Business Standard The Odisha government has decided to resume the land acquisition process for South African steelmaker Posco’s project, which was stalled indefinitely in June last year following protests by villagers and Left leaders. The decision was taken in a meeting convened by Chief Secretary B K Patnaik on 16 August, where officials of the Central Revenue Division Commissioner, Posco-India, Jagatsinghpur district administration and Industrial Infrastructure Development Corporation of Odisha (Idco)...

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Resurgent agricultural sector to have larger share in economy-Vinay Pandey

-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...

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Western Ghats expert panel report under review-Nitin Sethi

-The Times of India The Union ministry of environment and forests (MoEF) has set up a committee under the chairmanship of Planning Commission member K Kasturirangan to review the controversial Western Ghats ecology experts panel report, which had recommended restricting industrial development in about 75% of the hilly terrain spread across six states. The Western Ghats panel report was roundly criticized by the state governments and other infrastructure-related Central ministries. The Kasturirangan...

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Seven-and-half years from an opaque to a transparent process for coal allocation

-The Hindu The Comptroller and Auditor-General’s report on the allocation of coal blocks, reviews how it took seven-and-half years to move the allocation procedure for captive coal blocks from a discretionary procedure to competitive bidding that was demonstrably transparent. It turns out that the process began within six weeks of UPA-I coming to power in 2004. Ironically, the amendment to the Mines and Minerals (Development and Regulation) (MMDR) Act rules for auction...

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