The policy deep-freeze and land acquisition woes have resulted in over 500 projects, mostly power and steel, being shelved or put on hold during 2011-12, entailing a total investment of over Rs 5,00,000 crore. According to CMIE estimates, during the year Rs 1,70,000 crore worth of investment projects had been abandoned by project developers, and another Rs 3,30,000 crore worth were stalled on account of various procedural issues. The core sectors, led...

In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...

-The Economic Times Springing a surprise, Tamil Nadu chief minister J Jayalalithaa on Saturday said the Kudankulam nuclear power project is all set to go on stream within 10 days. "Within 10 days we will start the project," an optimistic Jayalalithaa said after participating in the chief ministers' conference in New Delhi. Senior officials at the nuclear power Corporation Limited, however, did not share the CM's enthusiasm about the short deadline for...

Reluctance to make reports public could erode public confidence in government’s decisions, says CIC The Central Information Commission (CIC) has directed India’s nuclear power plant operator to publicize safety analysis reports of the Kudankulam atomic power plant within a month. In a contentious two-year dispute between environmentalists and the nuclear power establishment, the apex information commission, in an order on its website, has said that the reluctance to make the reports public...

-The Hindu Chief Minister Jayalalithaa on Wednesday reiterated her appeal for allocating the entire power to be generated from the Kudankulam nuclear power Plant (KKNPP) to the State. In her letter addressed to Prime Minister Manmohan Singh, the Chief Minister said: “I understand that nuclear fuel loading is going to take place in the next few days in the first unit of the plant of 1,000 MW [megawatt] capacity. It is expected...