-The Hindu A reasonable aim of 1,500 MT of coal production by 2022 and a calibrated renewable energy push should enable reaching ambitious targets. Prime Minister Narendra Modi’s style is to set ambitious targets with impossible-looking deadlines. Perhaps he is inspired by a Gujarati poet who said, “Nishaan chuk maaf, nahi neechu nishaan” (missing the target can be forgiven, setting a low target cannot). This challenges his colleagues and staff to accomplish...
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CCI slaps Rs 6700 crore fine on 10 cement companies
-The Times of India NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector. The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted...
More »The price of populism in Tamil Nadu -Srinivasan Ramani and Deepu Sebastian
-The Hindu The politics of patronage and personality in the State has reduced the electorate to passive recipients of welfare. “The food is good. The place is clean. Actually, I prefer the cleanliness over the menu,” P. Divaraj chuckles. “The real reason I’m here is because it’s the end of the month and I’m running out of money.” A 10-minute walk from his office to Amma Unavagam on Santhome High Road in...
More »Agri ministry won't allow seed firms to exploit farmers
-Business Standard Says all Central decisions are in interest of farmers including the control price one Union Agriculture Minister Radha Mohan Singh said on Monday that the government would not allow seed companies such as US biotechnology major Monsanto to exploit Indian farmers. The government would continue to regulate seed prices in the interest of growers, he added. The minister’s comments sparked off a ‘sell’ in Monsanto India shares in the stock markets...
More »Panel proposes 70% reduction in royalty on GM cotton seeds -Sayantan Bera and Shreeja Sen
-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...
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