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...

The Supreme Court has said no person can be convicted merely because he was associated with a subversive organisation, unless he has shared its unlawful purpose or participated in its unlawful activities, in a judgment that could affect the fate of Binayak Sen and Maoist ideologues convicted by lower courts. Apart from being held guilty of sedition, Sen, a doctor, has been convicted for his links with Maoists. The judgment may...

The year 2010 was a tumultuous one for micro-finance institutions (MFIs) in India. It began with the highly successful SKS Microfinance public issue, which prompted other prominent MFIs to announce similar plans. It ended with the tumult in Andhra Pradesh which was marked by the state’s legislation to regulate the sector, severely impairing its ability to survive. MFI recoveries are down and they, in turn, have fallen behind in their...

In a packed special court that hears consumer complaints, Hansraj Sharma nervously shuffled through a pile of papers that told the story of his decade-long battle against a car dealer and a bank. District and state-level consumer courts twice sided with Sharma, awarding him $800 for a shady loan scheme. But the defendants repeatedly appealed. Now, after 58 court appearances, his case still drags on. "They keep asking for adjournment on some...

After a gap of five months, the West Bengal Information Commission held a meeting on Monday. But even as chief information commissioner (CIC) Sujit Sarkar promised to "streamline" things, the panel's performance since its inception in 2005 has been nothing to write home about. Among those who keenly studied implementation of the Right to Information Act, 2005, in Bengal is Magsaysay awardee Arvind Kejriwal. Findings by Kejriwal's Public Cause Research...