While Union Power Minister Sushil Kumar Shinde announced on Monday that the Ministry of Environment and Forests (MoEF) had given the green signal for the 4,000-MW Ultra-Mega Power Project (UMPP) at Bedabahal in Orissa, the clearance has come with a catch. The MoEF has imposed “stringent conditions'' for coal mining including scrapping another proposed power project and rejection of mining in a coal block allotted to NTPC Ltd. The UMPP had...
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Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »Rising farmer suicides affect primary sector by Shashikant Trivedi
In economic terms, it may sound vague that agricultural advances are touching Rs 30,000 crore when incidences of farmers committing suicide are on the rise in Madhya Pradesh. Over the last fortnight, three farmers have committed suicide and another is battling for life. State authorities are lending a deaf ear to the going-abouts. Against the banking details of a farmer, Shivprasad, who committed suicide on January 8 reportedly due to debt-strain,...
More »Private Developers to be subject to RTI by Sanjeev Shivadekar
In an effort to stem the tide of corruption and keep the builder lobby "on a tight leash", a number of checks and guards have been introduced in the new coastal zone regulations. But the one that is likely to cause much consternation among Developers is the Centre's insistence that private companies undertaking any redevelopment of koliwadas (fishing villages) within 100 m of the coastline will come under the purview...
More »Jairam calls for paradigm shift in forest management
More than half of the nation's forests could be moved out of exclusive state control if Minister of State for Environment and Forests Jairam Ramesh has his way. “We need a complete paradigm shift in the way we look at forest management. Our model is based on the primacy of the state, but we must shift to a three-fold model of state, communities, and partnership between the two,” Mr. Ramesh told...
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