The Posco project has turned into a political hot potato with the two main Opposition parties trying to extract as much out of it as possible, hoping the Rs 51000 crore project turns into another Singur. At a time when Naveen Patnaik government finds itself embroiled in a number of unsavoury controversies, including horse trading during the Rajya Sabha elections, the Congress and the BJP are looking to deliver the coup...

-PTI   Global food prices are expected to be higher in the 2011-20 period compared with the previous decade and this could have a “devastating” impact on the poor in developing countries, an OECD-FAO report has said. “Higher food prices and volatility in commodity markets are here to stay,” Organisation for Economic Co-operation and Development (OECD) and Food and Agriculture Organisation (FAO) said in a joint report released today. The report ‘OECD-FAO Agriculture...

The first casualty of the new policy could be NTPC’s proposed plant in Burdwan district West Bengal chief minister Mamata Banerjee may soon announce a new land use policy which says the government will not acquire land for industrial projects, leaving it to project promoters to do so. “They (companies) operate in a market economy, so must deal with market forces. They shouldn’t ask the (state) government to acquire land for them,”...

-PTI   A survey has claimed that 55 per cent of population in Bihar was malnourished and 70 per cent of women and children were anaemic due to low intake of food apparently due to poverty. "Bihar has attained 8-10 per cent growth rate due to development in tertiary sector, but 55 per cent of its people were suffering from malnourishment and 70 per cent of women and children were anaemic due...

Sections of vendors and “willing” farmers have alleged discrimination over the Singur bill, suggesting that they may move court if the state government does not address their concerns. Vendors demanded that they be compensated for the Investment made at the Nano site. But the government, which has specifically said in the bill that “none of the vendors has obtained any deed of lease in terms of their respective letters of allotment”,...