A host of steel-manufacturing units are keen to set up plants in Karnataka, and all want captive mines. SOUTH KOREA'S Posco is not the only steel-maker keen to do business in Karnataka. The State's estimated 9,000 million tonnes of good-quality iron ore reserves, which is the second largest in India, the State government's assurances on a smooth land acquisition process, the availability of water and the promise of speedy regulatory clearances...

The land problem in Singur was a turning point in the political fortunes of both the Left Front and the Trinamul Congress. The story is far from complete, and the legal twists and turns between Mamata Banerjee and the house of Tata could unfold in surprising ways. The issue of adequate compensation for farmers, who had to part with their land, is still an open question to which many well...

India registered a good 8.5 percent GDP growth in 2010-11 staving off the global impact of recession mainly due to the major recovery in the agriculture sector. The recorded foodgrain production in 2010-11 was the outcome of the initiatives of the state governments, the union government has now acknowledged. It was an innovation's galore to say the least if one takes into consideration the efforts of the 10 states that went...

This is a unique situation. For governments, development authorities, lenders and borrowers alike. On Wednesday, a Supreme Court (SC) Bench headed by Justice GS Singhvi upheld a verdict of the Allahabad High Court that quashed acquisition of 176 hectares of land from farmers in Greater Noida stating that the authorities were “sub-serving” private builders in the name of public interest. Land purchased from the government was always considered ‘clean’. This verdict,...

Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...