With one cotton farmer committing suicide every alternate day, the district has become a virtual killing field for growers grappling with the socio-economic upheaval caused by crop failure this season. The current spate of suicides started at the beginning of the last quarter of 2010, when it became clear that the excessive rain irreparably Damaged the crops. Dismal yields and mounting debts drove 30 farmers to death during this period. With 16...
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An aam aadmi sarkar fights the poor by Vidya Subrahmaniam
It is tragic that the same government that gives huge corporate concessions and loses money in corruption is fighting over minimum wages. As India's — and by some reckoning the world's — largest rights-based rural safety net programme completes five years, here is a reality check. The National Rural Employment Guarantee Scheme (NREGS) has become the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). But in a monumental affront to the...
More »India's $12bn Posco steel plant gets conditional approval
India's environment ministry has given conditional approval to South Korean company Posco's plan to build a steel plant in the eastern state of Orissa. The ministry has also cleared the plant's captive port and power plant if certain conditions are met. The $12bn plant is India's largest foreign investment project. Last year, a government panel said that environmental clearances for the plant be scrapped. Critics say the project will exhaust iron deposits in...
More »Posco plant, India’s largest FDI, gets the green flag
Clearing a protracted uncertainty over India’s largest-ever foreign direct investment, the Union Environment Ministry today gave its approval to South Korean steel major POSCO’s proposed iron and steel plant in Orissa. In an order today, the Ministry gave environmental clearance for the construction of a 12-million tonne per annum capacity iron and steel plant (4 million tonnes in first phase) and a captive power plant at Jagatsinghpur district of Orissa. It also...
More »Posco: Orissa to begin land acquisition soon by Sandeep Mishra
Enthused by the Centre's nod to Korean steel giant Posco's mega-steel plant, the Orissa government on Monday said it would soon resume land acquisition at the project site. At the same time, given its past experience with a reluctant environment ministry, the government said it will adopt a wait-and-watch approach on issues like mining and renewal of memorandum of understanding. ''We welcome the decision and thank the Union government and...
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