Faced with allegations of illegal mining in at least seven states, the government has proposed an independent regulatory authority with powers to investigate and prosecute those indulging in such activities. The proposed National Mining Regulatory Authority (NMRA) will replace the Indian Bureau of Mines, the current regulatory body, which according to the law ministry has not been effective. The NMRA is set to be given sweeping powers, including rejection of orders passed by...

The executive on Monday lost another excuse to prevent disclosure of ministers' assets after the Lok Sabha Secretariat rejected a request from the Prime Minister's Office seeking the legislature's permission. The LS secretariat declined the request saying the RTI Act does not have any provision for giving such "clearances''. This means the PMO has to take a call on whether details of ministers' wealth should be disclosed or not. Incidentally,...

In June 1991, the country embarked on a bold adventure by exposing to market vicissitudes its insulated manufactories, regulated (but pockmarked with soft spots) financial markets and inexperienced economic players. An economy, in those days, was about people, not giant factories and ships with riches. Though successive governments have secured the reformative underpinnings of the liberalisation process, it is to the credit of players in India that the sublime quest...

The PMO documents gathered using Right To Information Act (RTI) show a manifest collusion between ministers, officials and Dow Chemicals to protect it from the Liabilities of Industrial catastrophe of Bhopal. The documents reveal how some of the ministers who have been made part of  the Group of Ministers (GoM) by the Prime Minister have been acting to safeguard the interest of the US corporation in question, which is liable...

The US on Tuesday rejected taking any action against the Union Carbide company for the world's worst industrial disaster that had left over 15,000 people dead and hoped the Indian court verdict in the Bhopal gas tragedy case would bring "closure to the victims". "With respect to Bhopal, obviously that was one of the greatest industrial tragedies and industrial accidents in human history. And let me just say that we...