-The Times of India Internationally acclaimed academician Noam Chomsky of Massachusetts Institute of Technology of the United States has warned that Koodankulam could be another Bhopal disaster in waiting. In a solidarity letter to the struggling people he said: "Nuclear energy is a very dangerous initiative, particularly in countries like India, which has had more than its share of industrial disasters, Bhopal being the most famous." "I would like to express my...
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Is India’s Rising Billionaire Wealth Bad for the Country? -Vivek Dehejia
-The New York Times Blog The strength and direction of the Indian economy may be up for debate, but one remarkable fact is not: There has been massive growth in the number and wealth of billionaires in India since the economic liberalization measures in 1991. The phenomenon has often been compared to the United States’ experience in the latter part of the 19th century. This was a period evocatively described by Mark...
More »Need New Approaches to Nature Funding: World Bank
-Outlook Hyderabad: New approaches such as Public Private Partnerships(PPP) and community-based activities would go a long way in maintaining healthy ecosystems and improving livelihoods, a senior World Bank official said here today. Observing that there is not enough public money to invest in the biodiversity needs of the world, Rachel Kyte, World Bank Vice President for Sustainable Development, said new approaches are needed to finance nature conservation efforts. The World Bank has a...
More »Jayanthi assails investment super committee proposal -Shalini Singh
-The Hindu Proposed NIB would be illegal, she says Minister of State for Environment and Forests Jayanthi Natarajan has expressed “very serious concern” at the setting up of a National Investment Board to fast-track clearances of major infrastructure projects, saying the “concept is unacceptable,” documents exclusively obtained by The Hindu reveal. In a five-page letter sent to Prime Minister Manmohan Singh on October 9, Ms. Natarajan said the proposal would upturn established procedures...
More »Vadra: 'A little help from my friends'
-The Business Standard If Mr Vadra had to count his friends in the real estate business, they would be Corporation Bank, the Haryana government and DLF Robert Vadra, who is at the centre of a controversy over his property dealings with realty giant DLF and others, began investing in real estate five years ago, in 2007-08. He was already a wealthy man by then, not a struggling businessman who could scrape only...
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