TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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Mining to blame for islands to sink beneath waves by Sivaramakrishnan Parameswaran
Two small islands in South Asia's first marine biosphere reserve have sunk into the sea primarily as a result of coral reef mining, experts say. The islets were in a group in the Gulf of Mannar, between India and Sri Lanka. The Indo-Pacific region is considered to contain some of the world's richest marine biological resources. The group's 21 islands and islets are protected as part of the Gulf of Mannar Marine National...
More »Communists Lose by Wide Margin in Eastern India by Sujoy Dhar
The cheapest car in the world proved the costliest for a 34-year-old Left Front CPI-M government in India’s eastern state of West Bengal, as the communists lost the elections here by a wide margin. The outcome is the result of an anti-left movement that began in 2006 following the controversial takeover of farmland to create a manufacturing plant for Tata Motors’ small family vehicle called the ‘Nano’. A sweep by a regional...
More »HC annuls acquisition of 72 hectares
-The Indian Express Says the authority did not have specific plan for development in Greater Noida A day after annulling acquisition of nearly 157 hectares of land in Greater Noida, Allahabad High Court on Friday annulled acquisition of 72 hectares of land by the Greater Noida Authority in Surajpur village. Along with the recent cancellation of acquisition of more than 200 hectares of land as directed by the Supreme Court, this becomes...
More »Posco land acquisition may be deferred by a week
-The Business Standard The Orissa government may defer its plan to resume land acquisition for South Korean steel company Posco’s $12-billion project near Paradip on May 18, by a week due to non-cooperation of United Action Committee (UAC) members, unavailability of temporary shed for police forces and severe heat wave. Priyabrata Patnaik, managing director of state-owned Industrial Infrastructure Development Corporation and nodal officer for the project, had earlier said the land...
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