In September 2010, a large public meeting was held in Guwahati to discuss the impact of large hydroelectric projects in the Northeast. In attendance was Jairam Ramesh, then the minister of environment and forests in the government of India. Ramesh heard that the people of Assam were worried that the hundred and more dams being planned in Arunachal Pradesh would reduce water-flows, increase the chance of floods, and deplete fish...
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Why It’s So Hard to Fix Land Acquisition-Tripti Lahiri
India Inc. was aghast at the recent report of a parliamentary committee that recommended that a new draft land acquisition law limit occasions when the government may intervene to acquire land for use by private firms. But in a paper published in the Economic and Political Weekly last month, Delhi University economics professor Ram Singh laid out data that supports the committee’s recommendations. Mr. Singh argues that government-driven land acquisition is generally...
More »Gujarat: Myth and reality-Bhalchandra Mungekar
A war of words has erupted between the chief ministers of Bihar and Gujarat. Bihar's chief minister Nitish Kumar has slammed Narendra Modi for taking potshots at the state's slow socio-economic growth. The altercation began with Modi saying that caste politics has ruined states like Bihar and Uttar Pradesh. Hitting back, Nitish has said that Modi should look at the conditions in his own state before criticising others. For the last...
More »‘Recover wealth lost due to illegal mining'
-The Hindu Left parties for invoking Revenue Recovery Act against Rakshana Steels ‘owned' by YSR's kin With the State government cancelling the Bayyaram iron ore mining lease earlier granted to Rakshana Steels, a company allegedly belonging to former Chief Minister Y. S. Rajasekhara Reddy's kin, the demand for recovery of the lost mineral wealth has gained momentum. An enormous extent of over 1.41 lakh acres of iron-rich areas spread across Bayyaram, Garla and...
More »Inflation seen at 2012 high in May
-Reuters Inflation may have accelerated at its fastest pace this year in May, driven by higher food and fuel prices, impeding chances of a rate cut by the central bank at its review next week, a Reuters poll showed. The wholesale price index, India's main inflation gauge, is expected to rise 7.60 percent in May versus a year ago, compared with April's 7.23 percent, the poll of 31 analysts showed. Forecasts ranged from...
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