World Bank arm finances polluting steel mill in Jharkhand As the train slowly approaches Jamshedpur town in Jharkhand, the sky begins to turn reddish. It is because of the thick red dust emanating from an industrial unit, surrounded by heaps of industrial solid waste comprising unburnt coal char and flyash. The unit is a medium-scale iron and steel mill belonging to conglomerate Usha Martin. Spread over 120 hectares, the mill became operational...

The PM, Raja, TRAI, telecom firms... the apex court lets no one off the hook The Supreme Court’s stinging judgement against the government in the 2G spectrum scam case is an extremely significant attempt by the country’s highest court to curb the corrupt nexus between business and politics and will further damage the UPA’s already battered credibility. The court’s decision will not merely have far-reaching consequences on India’s political economy,...

India has the worst air pollution in the entire world, beating China, Pakistan, Nepal and Bangladesh, according to a study released during this year’s World Economic Forum in Davos. Of 132 countries whose environments were surveyed, India ranks dead last in the ‘Air (effects on human health)’ ranking. The annual study, the Environmental Performance Index, is conducted and written by environmental research centers at Yale and Columbia universities with assistance from...

The government, the largest owner of landed property in the country, is preparing a comprehensive land sale policy to raise revenues and check corruption in government-owned property deals. The finance ministry will shortly move a cabinet note for bringing in a new uniform policy on 'land alienation' by government agencies, with an eye on removing discretionary powers of individual ministers and bureaucrats, said a government official. In big cities, large tracts...

It would be grave folly to recoil from the N-option, our safest Nuclear Is Clear     The world needs cheap energy and, as of now, nuclear plants are the most efficient means to that end     Switching to fossil fuel sources will add to global warming. In extremis, the oceans could boil away.     The lesson from Fukushima is no worse than that tsunamis are a danger to everything in their path *** After the...