Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...

I have not received any official communication: Kerala Minister The proposed field trial comes at a time when natural rubber production has virtually stagnated In the face of opposition from the Kerala government to all genetically modified (GM) crops, the Genetic Engineering Approval Committee (GEAC) is learnt to have approved a proposal from the Rubber Board for conducting field trials of GM rubber. The GEAC has been constituted by the Union Ministry...

The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...

RTI activist Akhil Gogoi today said he had a strong suspicion that another scam, like the LoC scam that took place during the AGP regime led by Prafulla Kumar Mahanta, had taken place during the tenure of chief minister Tarun Gogoi. “The people of Assam are well aware that an LoC scam took place during Prafulla Mahanta’s rule but we have a strong suspicion that another LoC-like scam took place during...

Led by C. Rangarajan, it has been appointed by Manmohan In a significant move, Prime Minister Manmohan Singh has formed an experts group chaired by the chief of Prime Minister's Economic Advisory Council, C. Rangarajan, to examine the recommendations of the Sonia Gandhi-headed National Advisory Council on the proposed food security Bill. The move surprised members of the council who met here on Friday to discuss the draft of the National Food...