In a bid to facilitate agriculture and rural development in the backward state, Nabard today launched a Rs 25,019 crore credit plan for Orissa during 2011-12. The credit plan was launched by state Finance Minister Prafulla Ghadai at the state level credit seminar here. While annual credit plan for the state during the current fiscal is Rs 16,915 crore, it was increased by 48 per cent for 2011-12. While agricultural...
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India Journal: Why Vedanta Lost and Posco Looks Like a Winner by Rupa Subramanya Dehejia
Two large industrial projects, one poor state, two likely different outcomes — and a long-haired, flamboyant environment minister-turned-crusader starring in both. No, this is not your latest blockbuster but it has the makings of one. As reported Monday, Posco, the South Korean steelmaker, cleared a major regulatory hurdle in its bid for a massive steel project in Orissa. An environment ministry panel gave clearance for an initial steel production capacity of...
More »Forest Rights Act May Pave Way to Disputes
After visits to 17 states, a committee set up in April last year to check out the implementation of India’s Forest Rights Act, meant to fix “historical injustice,” wasn’t very happy. The law, which came into full effect two years ago, was intended to assert the rights of forest dwellers more firmly. “The overall finding of the committee is that, with notable exceptions, the implementation of the FRA has been poor,...
More »Paranjoy Guha Thakurta, journalist interviewed by Krishnakumar Padmanabhan
Hidden behind all the administrative scandals that rocked India in 2010, illegal mining is an unnoticed beast that has been eating into the country's soul. While corruption in spectrum allocation and the conduct of the Commonwealth Games are primarily about monetary loot, illegal mining is about invaluable non-renewable natural resources. In at least five major states, there were more than 20,000 complaints of illegal mining filed, but the perpetrators carried on with...
More »Success for Adivasis in India
Bauxite Mining of the sacred hill of Adivasis in Lanjigarh, Kalahandi district, Orissa, had been stopped by a decision of the India Ministry for Environment and Forest (MoE&F) on August 24th, 2010. Environment Minister Jairam Ramesh had constituted an enquiry panel – which in its report recommends that bauxite mining in Niyamgiri hills should not be allowed for mining unless the local Adivasi communities give their consent. According to this report,...
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