-The Hindu The Cabinet Committee on Investment (CCI) seems to be helping to raze green speed-bumps - ruffling the feathers of environment and tribal activists in the process - with environment clearances having been issued for more than Rs. 45,000 crore worth of projects in its first two months of existence. In the next few months, the CCI expects to spur revisions in clearance provisions for high-rises, SEZs and roads, and form...
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Adani Power lifeline may set precedent -Utpal Bhaskar and Maulik Pathak
-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...
More »CAG report on mining submitted to Chhattisgarh government-Suvojit Bagchi
-The Hindu Raipur: The Comptroller and Auditor-General (CAG) has completed the process of handing over four audit reports to the Chhattisgarh government. The first report was submitted on March 5 and the last on Monday, said a press release from the office of the Accountant-General (Audit) here. The CAG’s report on commercial mining of coal blocks in Chhattisgarh last year indicated that the former BJP president, Nitin Gadkari’s close aide, Ajay Sancheti, had...
More »Growth in pits, PM targets mining in opposition-ruled states -Rajeev Deshpande
-The Times of India Under pressure to energize the economy ahead of the 2014 election, the Manmohan Singh government is reaching across political divides to rescue mining projects in opposition-ruled states of Goa, Odisha and Karnataka. With third quarter growth sinking to 4.5% and the economic survey pointing to a mining and quarrying slowdown as a reason for poor industrial growth, the Centre has decided to ask the Supreme Court to relax...
More »Mirage of development -Lyla Bavadam
-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...
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