Existing and prospective industry and mining players of Jharkhand are apprehensive about the draft mining bill, which seeks to make them share 26 per cent of profits with locals. A group of ministers (GoM) approved the draft bill on September 17. Speaking to The Telegraph, Jindal Steel & Power Limited’s (JSPL) senior deputy general manager (corporate affairs) V.P. Sharan said: “The proposed clause — sharing profits with local people — sounds...

The government is considering several options to rationalise the subsidy on cooking gas such as excluding income tax payers from getting subsidised cylinders, limiting availability per household and higher prices for urban customers to provide this clean fuel in rural areas. “Those who can afford must pay the full price, while subsidised LPG should be made available to the poor,” an oil ministry official said adding that the ministry has...

Around 22 districts in Rajasthan have been identified as those requiring immediate attention in terms of food security, according to the food security atlas of rural Rajasthan released jointly by the Institute of Human Development and the United Nation's World Food Programme (UNWFP) on Friday. The atlas further mentions the need of immediate, intensive intervention in ten out of these 22 districts to improve food and nutrition security. The atlas...

Ahead of the Millennium Development Goals Summit next week, India has expressed confidence that it would be able to reach its social and economic goals by the 2015 deadline. "India will not only have met the goals but it will be a shining example for other countries, Hardeep Singh Puri, India's envoy to the UN told PTI. "There is concern about some of these targets," Puri added, referring to child and maternal...

Around a quarter of the world’s population who are deprived of food live in India and 43 per cent of all children in the country under the age of five are malnourished, claims a recent report published by an international non-profit organisation. While India’s per capita income tripled between 1990 and 2005, the number of hungry people also increased by 53 million, bringing the total numbers of chronically hungry people in...