-IANS Five years after a movement that catapulted it into the national spotlight and spelt the beginning of the end of the 34-year Left rule, Nandigram is still counting the losses of the bloody anti-land acquisition movement. Development is at a standstill and many of those who had been at the forefront of the movement and lost their family members say they were used as cannon fodder against the mighty Left, which...
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The saga of the Lokpal Bill by Prashant Bhushan
The drama in the Rajya Sabha showed that the UPA government was not willing to go even by the will of Parliament. This gives rise to fundamental questions about the functioning of Indian democracy. The year 2011 will be remembered in India as the year of the campaign against corruption and for the Jan Lokpal Bill. The campaign began in January 2011 in the backdrop of the publicity that accompanied the...
More »Food Securities Bill will affect work culture: Pawar
-Express News Service Food Securities Bill will make wheat available for Rs two per kg, jowar for Rs one per kg and rice for Rs three per kg but this will affect work culture and labourers won’t be available for work, said Union Agriculture Minister Sharad Pawar at the annual general meeting of Vasantdada Patil Sugar Institute and Maharashtra State Sugar Industries Association. “The government should not decide the sugarcane prices and...
More »As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »FDI row: India Inc's overseas retail biz on high FDI by Pradeep Thakur
While the government may be finding it difficult to get its FDI in multi-brand retail pass the test of Parliament, India Inc has been pledging huge investments in wholesale and retail trade abroad, including in countries like the US and the UK. In the 2010-11 fiscal, investments of Indian companies in wholesale and retail trade overseas went up 78% as compared to the previous year - up from $1,052 million in...
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