THE Indian Bureau of Mines, in its Indian Minerals Yearbook–2005, notes that Chhattisgarh has 28 different types of minerals, with coal and iron ore being the most abundant. The Centre for Science and Environment (CSE), in its comprehensive book Rich Lands, Poor People: Is ‘Sustainable' Mining Possible?, says that around 16 per cent of India's coal reserves, 10 per cent of its iron-ore reserves, 5 per cent of its limestone...
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Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
More »Doubts ahead of Bhopal gas verdict by Rasheed Kidwai
The 23-year-old criminal trial of the Bhopal gas tragedy will see the verdict delivered on Monday, but survivors fear the “glaring omissions” by prosecuting agency CBI may deny them justice. Several Indian officials of Union Carbide India Limited (UCIL) will be in court on June 7 as the accused in one of the country’s longest criminal cases. But missing will be all the foreign accused, including the then chairman of the...
More »Directionless in Agriculture by Bharat Jhunjhunwala
The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...
More »In India, Wal-Mart Goes to the Farm by Vikas Bajaj
At first glance, the vegetable patches in this north Indian village look no different from the many small, spare farms that dot the country. But up close, visitors can see some curious experiments: insect traps made with reusable plastic bags; bamboo poles helping bitter gourd grow bigger and straighter; and seedlings germinating from plastic trays under a fine net. These are low-tech innovations, to be sure. But they are crucial...
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