With a gas-guzzler of an economy, India had been spending tens of billions of dollars annually to import petroleum. And so its 2009 policy on biofuels mandated that by 2017, India would have enough biofuel production to cover at least 20 percent of the country’s oil consumption. The government has in fact been encouraging the cultivation of jatropha curcas for the past seven years, believing that would be the fastest way...
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Ethiopians say Indians grabbing land.Indian farmers claim it is official by Shantanu Guha Ray
RAM KARUTURI, the world’s largest rose grower, calls it a situation that needs immediate intervention. Else, he is sure the rush of Indians to Africa will ebb to a trickle, which, in turn, could have serious implications as ethnic tensions with the locals are slowly, but steadily, rising in some parts of the continent. The hub of the crisis is Gambela, one of Ethiopia’s nine states, for long starved of investment....
More »Industry jitters over profit clause in draft mining bill by Amit Gupta
Existing and prospective industry and mining players of Jharkhand are apprehensive about the draft mining bill, which seeks to make them share 26 per cent of profits with locals. A group of ministers (GoM) approved the draft bill on September 17. Speaking to The Telegraph, Jindal Steel & Power Limited’s (JSPL) senior deputy general manager (corporate affairs) V.P. Sharan said: “The proposed clause — sharing profits with local people — sounds...
More »The dark under-belly of India-Cholera in 21st century
The green hills -- those that once used to soothe the entire region through the stilly silence, and fill it with the great wonder of multitudinousness -- have suddenly turned into a valley of death. First Diarrhea and then Cholera, the quiet bosom of the picturesque Raygada district is today torn by the screams of pain and loss of lives. People are dying like flies and hundreds are lying on...
More »Rural non-agro economy growing faster than urban: Assocham
The rural non-farming sector has been growing faster than that of the urban since early 1970s, says a report. The report on "Comparative growth between non-farming economy of rural and urban area" by the Associated Chambers of Commerce and Industry of India (Assocham) said the share of rural non-farming economy in rural gross domestic product (GDP) has increased from 28 percent in 1970-71 to 46 percent in 1999-2000. It said...
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