Loss to the exchequer due to the grant of 122 licences to new entrants in 2008 was Rs.1.24-lakh crore Government lost Rs.36,000-crore in grant of dual-Technology licences The government must get exact loss calculated instead of washing its hands of it The draft report of the Public Accounts Committee on the 2G scam has come out with yet another figure for the loss to the exchequer, putting it at Rs.1.90-lakh crore in the...

India on Tuesday raised objections relating to the “absence of alternatives” and “procedural violations” to the recommendation for a global ban on endosulfan at the conference of parties to the Stockholm Convention meeting in Geneva. However, C. Jayakumar, observer from Kerala, told TheHindu over telephone from Geneva that there was softening in India's approach compared to its position at previous meetings. Though it had said that the health and environmental effects...

Union Minister for Environment and Forests Jairam Ramesh has launched a “bioremediation Technology” project to curb pollution caused by sewerage and industrial effluents in the Buddah Nallah of Ludhiana in Punjab. The project is estimated to cost Rs. 16 crore in the initial phase and it will be borne by The National River Conservation Directorate of the Union government. It is expected to take one year for completion. The project will provide...

When a farmer named Praveen Gawankar and two neighbors began a protest four years ago against a proposed nuclear power plant here in this coastal town, they were against it mainly for not-in-my-backyard reasons. They stood to lose mango orchards, cashew trees and rice fields, as the government forcibly acquired 2,300 acres to build six nuclear reactors — the biggest nuclear power plant ever proposed anywhere. But now, as a nuclear...

A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...