The CAG indicts Uttarakhand for pursuing hydel power projects indiscriminately without concern for the environment. IN a severe indictment of the Uttarakhand government, the Comptroller and Auditor General (CAG) of India said it was pushing the State towards a major environmental catastrophe by following a highly ambitious hydropower policy. In a report titled “Performance Audit of Hydropower Development Through Private Sector Participation”, which was released recently, the CAG substantiates the allegations...

The government must stop dilly-dallying over the project and apply the law regardless of the fact that it is India's single largest foreign investment proposal. TWO giant metallurgical projects, both in Orissa. Both promoted by big multinational corporations with tremendous influence. Both opposed by environmental and tribal rights activists because they would displace vulnerable people and destroy fragile ecosystems. Both backed strongly by State-level and national lobbies that claim they...

The rail track passing through forest areas in different parts of the country, including Walayar on the Kerala-Tamil Nadu border, have become a death trap for the wildlife, particularly elephants. Though a hue and cry is raised every time a tragedy strikes, the deaths of a large number of wild elephants in Kerala, Tamil Nadu, Karnataka, Assam and West Bengal remain a burning issue. The recent incidents of train hits in these...

India has lost nearly a half-trillion dollars in illegal financial flows out of the country, says a new study by Global Financial Integrity. India is losing nearly Rs.240 crore every 24 hours, on average, in illegal financial flows out of the country. The nation lost $213 billion (roughly Rs.9.7 lakh crore) in illegal capital flight between 1948 and 2008. However, over $125 billion (Rs.5.7 lakh crore) of that was lost in...

The effect of labour-oriented schemes like MGNREGS and health insurance cover for 300 million people are yet to be captured, says U.N's labour organisation's report India has performed poorly in providing social security protection to its people until recently with “very high vulnerability” to poverty and informal labour practices in the world, according to the International Labour Organisation. In its first comprehensive ‘World Social Security Report’, which was released yesterday, the ILO...