The government is thinking of bringing in a law that would allow the National Investigation Agency to probe cases of illegal mining. The proposal for arming the NIA with this power had come from the Prime Minister’s Office. Sources said the objective was to enable the Centre to break the “mining mafia”. If passed, the proposed legislation will also enable the government to scrap leases of companies engaged in illegal operations, like...

The steady progress of the monsoons ought to refocus policy attention on India's deeply stressed water economy . There are fast rising demands on water resources generally, together with poorly governed supply systems, with the result that overall balances are precarious. What is worse, there's increasingly reckless mining of groundwater, and aquifer depletion is concentrated in many of the most populated and economically significant areas. Now, we have a highly...

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...

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

The Centre is gearing to introduce a tribal policy that has been gathering dust for five years, hoping the move will win the tribals over from the Maoists. The draft of the National Tribal Policy, which proposes land rights for Adivasis and aims to bring their human development indices on a par with the rest of the country by 2020, will be placed before the cabinet this month, tribal ministry officials...