The changing stances of the Planning Commission reflect the influence of the political climate. THE short note on the history of the Planning Commission on its website concludes thus: “For the first eight Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries, but since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and...

-The Business Standard   Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...

-The Hindu   ‘The mechanism for compensating the affected people is not clearly defined and has many limitations' Industry chambers led by Confederation of Indian Industry (CII) and FICCI on Friday sought a review of the Mines and Minerals (Development and Regulation) Bill, 2011 approved by the Union Cabinet stating that the industry was concerned on royalty, profit sharing and the methodology of providing assistance to project-affected persons. In a statement here, Rana Som,...

After a 33-day standoff between the workers at Maruti Suzuki India’s Manesar facility and the management, the company on Saturday said that a common ground has been reached and agitating workers would resume work on Monday. The stir finally ended on Saturday morning after a meeting between the agitating workers, government and the company management, where workers agreed to sign the ‘good conduct bond’ and a commitment that production would not...

A tiny road flanked by lush turmeric and maize fields veers off the state highway from Dharmapuri to Harur in Tamil Nadu towards Vachathi, a tribal village that has hungered for justice for nearly two decades after an irreparable tragedy destroyed its peace. Nineteen years ago, a large team of Tamil Nadu Police and officers from the forest and revenue departments swooped down on the village nestled in the foothills...