-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
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Environment ministry slaps Rs 200 crore fine on Adani Group
-The Economic Times NEW DELHI: The environment ministry has slapped a Rs 200-crore fine on the Adani Group's Mundra Port and Special Economic Zone for damaging mangroves, creeks and the local environment at the project site. The company's shares fell 6.4%. The penalty was recommended by a committee headed by Sunita Narain, director general of Centre for Science and Environment, set up by the environment ministry. The report was submitted to environment...
More »Maharashtra set to brand its rice & tur, floats a tender to appoint a consultant for the exercise -Jayashree Bhosale
-The Economic Times PUNE: Although India is known the world over for its basmati rice, there are hundreds of local non-basmati varieties that are rich in taste and aroma but still not known to urban consumers. Maharashtra is likely to be the first state to take steps for branding and marketing of these varieties. Maharashtra, a major producer of pulses but not so known for rice, has recently floated a tender to...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
More »Modi’s Pals-Himanshu Upadhaya
-Hard News While Narendra Modi's apologists will selectively quote from the latest CAG audit report on state finances that revenue earning has registered an upswing, they will compulsively forget that "the fiscal deficit of Rs 11,027 crore in 2011-12 was met out from a net borrowing of Rs 15,083 crore". The CAG has remarked that "an increase of 41 per cent in the market borrowing in 2011-12 over previous year for...
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