A new draft Bill holds much promise to augment the development delivery mechanism. It is the new mining Bill, 2011, which has specific provisions for earmarking funds for development purposes in the mineral-rich districts that happen to be the regions with high poverty ratios. Revamped mining legislation can boost transparency in the vexed sector that seems much prone to illegality, corruption and extensive fraud. Further, a well-crafted mining law can actually...
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Earthquake in Sikkim: Natural Calamity and Potential Manmade Disaster by JJ Roy Burman
On September 18 an earthquake of the magnitude of 6.8 by the Richter scale struck Sikkim at about 6.18 pm The epicentre of the quake was located about 67 kms north-west of Gangtok—the State capital. The epicenter was located to be precise at Mangan, the headquarter, of the Sikkim North district. There were about four-to-five aftershocks of lesser intensity within five-to-six hours. Minor tremors were felt even after a few...
More »Neoliberal Plan by Venkitesh Ramakrishnan
The Planning Commission's Approach Paper to the Twelfth Plan sticks with the neoliberal agenda despite claims of inclusive growth. INCLUSIVE was one word that came up time and again in the early announcements of the Planning Commission on the Twelfth Five-Year Plan. “Faster, Sustainable and More Inclusive Growth” was the slogan coined for the Plan and there was the promise of widespread consultations as never before as part of the processes...
More »A Mixed Bag
-The Times of India The Mines and Minerals (Development & Regulation) Bill, cleared by the cabinet last week, signals that the government`s heart is in the right place. Under its provisions, coal firms must share 26% of their net profits with project area residents, while non-coal miners will have to provide them a sum equal to royalty paid to state governments. No system is in place at present to properly compensate...
More »2G spectrum scam: Curiously transparent PMO by CL Manoj
There can be two ways of looking at the latest mess on the 2G spectrum front in the form of the Prime Minister's Office supplying a sensitive note to a request under the Right to Information (RTI) Act. The widely-held view locates the root of this mess in rivalry between finance minister Pranab Mukherjee and home minister P Chidambaram, stemming from presumed prime ministerial ambitions when Dr Manmohan Singh faces serial...
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