-The Times of India NEW DELHI: Almost two out of every five large projects in the country are held up due to absence of clearance by the ministry of environment and forests, putting pressure on the government to remove green roadblocks. According to ministry-wise data compiled by the government for projects worth over Rs 1,000 crore, nearly 38% are related to MoEF, which many view as the most powerful inspector, followed by...
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The Truth Is Out There -Uttam Sengupta
-Outlook The state elections rolled out smoothly, but it's money power which ruled on the ground As we celebrate the smooth working of a massive electoral exercise-simplistically dubbed by many as the semi-final to the greatest show on earth, General Elections 2014-a realisation has dawned that the role of ‘money power' is reaching alarming proportions. Sure, elections are more fool-proof today than in the past, and most (rightly) salute the EC...
More »Do not push industrial interests in the name of climate change, tells India-Nitin Sethi
-The Hindu More than 800 NGO representatives walk out of the climate talks Warsaw: The developed countries must step up to the plate to come true on their existing commitments to fight climate change, said Jayanthi Natarajan, Indian Environment Minister, while addressing the U.N. climate negotiations. "There is a huge ambition gap between what developed country have pledged and what is required by science and their historical responsibilities. The irony is that developing...
More »No policy paralysis: govt plans report card on economy to silence critics -Gaurav Choudhury
-The Hindustan Times New Delhi: With general elections due next year, the UPA has drawn up plans to project itself as a business-friendly regime, as investors are side-stepping India following criticism that the government has been unable to push through enough reforms to revive a stalling economy. A white paper on economic reforms, under preparation, lists out moves such as allowing FDI in multi-brand retail. Last week, global ratings agency Standard & Poor's...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
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