Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...
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Games gravy: Rs 8000 crore
The Central Vigilance Commission has received complaints that put the cumulative value of alleged corruption in projects related to the Commonwealth Games between Rs 5,000 crore and Rs 8,000 crore. Sources said the complaints included payment to non-existent parties, wilful delay in execution of contracts, inflated prices and bungling in purchase of equipment through tendering. “The total misappropriation amount may touch a figure of Rs 5,000-8,000 crore. The commission is still awaiting reports...
More »Now in the pipeline: New national water policy by Gargi Parsai
Spurred by the need to look at climate change impact on water resources, the Centre is formulating a revised National Water Policy in consultation with the States and other stakeholders to ensure basin-level management strategies. This would deal with variability in rainfall and river flows due to climate change. The Government is also looking at amendment to the Inter-State Water Disputes Act and the River Boards Act for time-bound clarificatory/supplementary orders...
More »Revised water policy to factor in impact of climate change by Gargi Parsai
Spurred by the need to look at impact of climate change on water resources, the Centre is formulating a revised National Water Policy in consultation with the States and other stakeholders to ensure basin-level management strategies to deal with variability in rainfall and river flows due to climate change. Ecology over industry? The government is also looking at amendment to the Inter-State Water Disputes Act, and the River Boards Act for time-bound...
More »Centre puts brake on Lanjigarh refinery expansion by Urmi A Goswami
In yet another blow to the Anil Agarwal-owned Vedanta Alumina Ltd , the environment ministry has decided to halt the company’s plans of expanding its Rs 4,600-crore Lanjigarh refinery in Orissa. The existing one million tonne Lanjigarh refinery will, however, continue to be in operation. The ministry has found the Lanjigarh refinery’s expansion to be “unauthorised” and in serious violation of environmental laws. It has decided to revoke the permission given...
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