Bhubaneswar: Orissa’s steel and mines minister Raghunath Mohanty is faced with the most difficult task of his tenure—orchestrating smooth land acquisition for South Korean steel maker Posco, maintaining peace in the villages affected by it and responding to pressure from the Central government that wants to showcase the 12-million-tonne (mt) project as one of the successes of its foreign Investment policy. With the environment ministry giving its final clearance for the...

Kolkata : Tata Motors Limited today told the Calcutta High Court that after the relocation of the Nano plant, the company had been interested in using the land for alternative Investment and, therefore, could not be accused of abandoning the area. The automobile manufacturer — which has challenged the Singur Land Development and Rehabilitation Act, 2011 — also discussed the issue with the then Left Front government, Tata Motors counsel Samaraditya...

To promote self-employment among people living below poverty line (BPL), particularly women, the rural development ministry proposes to set up a dedicated national bank for women self-help groups (SHGs) and also lower the interest rate on the credit they receive from any nationalized bank. Rural development minister Jairam Ramesh on Monday said he will soon take up both these proposals with the finance ministry. “We have proposed a detailed paper for a...

On the night of June 21,  around 10 p.m., the police of West Bengal’s Hooghly district descended on Tata Motors’ half-built Singur plant and threw out the private guards there. In about half an hour, the new government in West Bengal, under the leadership of Mamata Banerjee, took over the 997 acres that had proved to be the Waterloo of the Communist Party of India-Marxist (CPI-M) and its allies.   Earlier,...

BangaloreThe fate of South Korean steelmaker Posco's proposed plant in Karnataka remains uncertain with two groups of farmers holding different views on the project. The government has already assured protesting farmers that the project would not come up in Gadag district. However, it is also waiting to see if the issue can be resolved as a separate group of farmers is offering land for the plant. Karnataka industries minister Murugesh Nirani, who will meet...