There is more trouble in store for South Korean steel maker Posco’s Orissa project. Shoreline surveys have found the state’s coastline to be highly erosive. Worse still, 50%, that is 4.8 km of the 9.3 km coastline along the proposed captive port site at Jatadhari is eroding. This is likely to put a spanner in the works for the South Korean company, which has been insistent on a separate captive...

In a step to alleviate the plight of millions of people affected by the 2008 Kosi floods, the Bihar government on Wednesday signed a $220-million agreement with the World Bank. The government will chip in with $39 million for the $259-million Bihar Kosi Flood Recovery Project aimed at supporting the State's recovery efforts, reducing risks of flooding and boosting emergency responses in the event of future disasters. At a function here, World...

If forests belong to the forest-dwellers, then the coastal areas should belong to the fishing community. Acting on this line, the government is proposing to bring in a new law — modelled on the Forests Rights Act — to establish rights of fishermen on the coastal areas and resources found therein. The Forests Rights Act, passed by Parliament in 2006 and brought into force in 2008, recognises the rights of tribals...

So why is the UPA hell-bent on killing its unique success story: the NREGA? Here's the inside narrative of the conspiracy. It took 47 days of a protest sit-in at Jaipur to make the state budge(1). It's notable that the objective of this protracted protest was not to coerce the Rajasthan government for an extra share of the state's resources, but to hold the government accountable to the Constitution and its...

Microcredit is losing its halo in many developing countries. Microcredit was once extolled by world leaders like Bill Clinton and Tony Blair as a powerful tool that could help eliminate poverty, through loans as small as $50 to cowherds, basket weavers and other poor people for starting or expanding businesses. But now microloans have prompted political hostility in Bangladesh, India, Nicaragua and other developing countries. In December, the prime minister of...