"India lives in several centuries at the same time. Somehow we manage to progress and regress simultaneously." Arundhati Roy Controversies, protests and violence have marred land acquisition for projects in India. Protests against acquiring agricultural land, inappropriate compensation or environmental impact have been the main reasons for these protests. In most cases, the protests are by farmers who are hardly compensated after their fertile agricultural land is taken over in for...
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Why Posco is in trouble in India
Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...
More »Legally bound
New Delhi has done well to declare its intention to play a proactive role at the forthcoming Convention on Biological Diversity (CBD) at Nagoya (Japan) in October for thrashing out a legally binding pact on access to and benefit-sharing of biological resources. Being one of the world’s 12 mega biodiversity centres, India has substantial stakes in both preserving the biodiversity and capitalising on its commercial potential. Though the CBD, signed...
More »Sugar supplies in the bag as panic ends by Robert Plummer
Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
More »‘Go’ and ‘no go’ areas in iron ore mining soon: Ramesh
Like coal, the iron ore mining sector in the country too will soon have ‘go’ and ‘no go’ areas where green clearance will be given depending on their ecological sensitivity, Environment Minister Jairam Ramesh has said. He was speaking at a national workshop on “Reforms in Environmental Regulation” on Tuesday where he underlined the need to ensure developmental activities while protecting ecological concerns. “We would soon extend the exercise of...
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