The showpiece proposed iron and steel project in Orissa by South Korean steel major POSCO faces a huge cloud of uncertainty with an expert panel set up by the Environment Ministry alleging violations of environmental laws. Three of its four members today recommended that all initial clearances to the project be cancelled. The lone dissenting voice was that of former Environment Secretary Meena Gupta who argued that there was no need...

The four-member review committee on Posco  will submit its report to the environment and forests ministry on Monday but it has already got mired in controversy with the chair of the panel, ex-environment secretary Meena Gupta, expected to give a dissent note while the other members provide a unanimous majority version. The fact that the chair of the committee was the senior-most bureaucrat in MoEF when environmental clearance was given to...

Incessant rain and high tide with 8-metre-tall waves have flooded over 100 coastal villages in East Midnapore as well as Digha, affecting nearly 10,000 people and leaving thousands homeless. Over 500 mud huts have collapsed since last night, rendering over 2,000 people homeless. The villagers have been shifted to relief camps set up by panchayats in Shankarpur, Deshpran, Tajpur, Khejuri and Kendamari in Nandigram. The Hooghly flows into the Bay of...

The Communist Party of India (CPI) state secretary, Dr K. Narayana, has demanded that the government impose ban on micro finance companies (MFCs) to prevent escalation of suicides in villages. Speaking to reporters here on Friday, he alleged that the government-created poverty has been forcing the farmers and various sections of the society to end their lives and the toll will rise if the MFCs are allowed to continue. He alleged...

The decision to defer cotton export registration by one month – from October 1 to November 1 – may help the textile companies in the short term because of sufficient availability, but there are concerns on how long that would last. Arrivals of cotton are uncertain across India with farmers apprehensive about the yield due to inclement weather. The early varieties of cotton from Punjab and Haryana have also been affected...