The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...

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...

Two years of drought has started to take its toll on the people of Vidarbha, with a failed crop leaving them with no income to tide over the crisis. He's a butcher out of business. “I want to shift to a town like Panderkauda,” says Sarfaraz Qureshi in Yavatmal district. “I'm unable to sell any meat in the villages I work in.” Qureshi is a small operator who carries as...

Beginning 1 July, details of projects, minutes of board meetings and a whole lot else will be made public under a disclosure policy. “India’s right to information law is an inspiration for us,” says Isabel Guerrero, the Bank’s Vice-President for South Asia and one of the architects of the disclosure policy. The policy itself is new, but the process has been on, with voices like Guerrero’s within the Bank pressing...

There would be no water in large stretches of the famed Alaknanda and Bhagirathi riverbeds if the Uttarakhand government goes ahead with its plan to build 53 power projects on these two rivers which join at Dev Prayag to form the Ganga, the Comptroller and Auditor General has said. A CAG inspection report submitted to the Uttarakhand governor says that already the riverbed is completely dry at Shrinagar (Garhwal) and...