Opposes changes in bid norms, extra land acquisition and move to allow bidders to develop more than one UMPP The government’s auditor has come down hard on irregularities in the government’s policy on so-called ultra mega power projects, or UMPPs. The report of the Comptroller and Auditor General of India (CAG), parts of which have been seen by Mint, is with the power ministry for its comment, and could cause further embarrassment...
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The mystery of the boom in farm credit by Anil Padmanabhan
The spurt in farm credit by commercial banks, including regional rural banks, has interestingly not led to any let-up in distress in the agrarian economy -- a mystery that continues to baffle academics, policy planners and, more recently, bankers Last week, a clutch of bankers and policy wonks gathered in Bangalore to review recent trends in farm credit. On the face of it, credit to the farm sector is on an...
More »The risks arising from Asia's water stress by Brahma Chellaney
Water, the most vital of all resources, has emerged as a key issue that would determine if Asia is headed toward cooperation or competition. After all, the driest continent in the world is not Africa but Asia, where availability of freshwater is not even half the global annual average of 6,380 cubic metres per inhabitant. When the estimated reserves of rivers, lakes, and aquifers are added up, Asia has less than...
More »Tribal panel chief protests bill snub by Pheroze L Vincent
The National Commission for Scheduled Tribes is upset that two important bills that would affect tribals have got the cabinet’s nod without incorporating suggestions given by the panel. “The ministries of mines and rural development failed to consult the NCST as mandated by the Constitution,” commission chairman Rameshwar Oraon told The Telegraph on Wednesday. Secretaries of both ministries had met Oraon, but what the NCST chief meant was the final drafts of...
More »Goa Speaker will decide today on PAC report on illegal mining by Prakash Kamat
Majority of the PAC members decline to sign it The fate of the report of the Public Accounts Committee (PAC) of the Goa Assembly headed by the Leader of the Opposition Manohar Parrikar (BJP), which has reportedly indicted the government agencies and blamed the nexus of politicians in power and bureaucrats for illegal mining, will be decided by Speaker Pratapsinh Rane on Friday, the last day of the brief session of...
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