The building collapse in Uttam Nagar that killed four people last week has again exposed how the Municipal Corporation of Delhi (MCD) as well as the state government are mired in large-scale corruption. The major cause of the incident, in which four people were killed, was reportedly the flouting of Construction norms by the builder. Officials from MCD told Tehelka on condition of anonymity that the number of illegal buildings goes...
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Is paying Rs 127 a day for farm labour too much, Mr Pawar? by Raman Kirpal
What lies behind Agriculture Minister Sharad Pawar’s note to the prime minister asking for a suspension of the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA, for short) for three months a year? The obvious reason is that the big farmers’ lobby he represents is unhappy that NREGA has raised wages in rural areas and labour cannot be enticed to work for less. Under NREGA, labourers get paid at least Rs...
More »As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »High Court stays clearance for DB power coal mine in Chhattisgarh by Aman Sethi
The Chhattisgarh High Court has directed that no further action be taken towards granting environmental clearance to a coal mine operated by DB Power Ltd, a subsidiary of DB Corp, one of India's largest media corporations. The respondents have been given three weeks to reply. A writ petition filed in the court accuses the company of adopting “deliberate, illegal and manipulative” measures to influence the outcome of a public hearing held...
More »Nabard sanctions Rs 615 crore loan to Maharashtra govt by Jayashree Bhosale
National Agricultural Bank for Rural Development (Nabard) has sanctioned Rs 615.33 crore to Government of Maharashtra, out of its Rural Infrastructure Development Fund (RIDF) for development of roads and bridges, minor irrigation, kharland projects and Construction of anganwadi centres projects in the state. With this sanction, the total amount of loan sanctioned to Government of Maharashtra during 2011-12 aggregates to Rs 615.33 crore. ...
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