-The Hindu FM's Budget speech dwelt on agriculture, public investments in infrastructure, manufacturing and social sector spending. States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the challenges mentioned by the Finance Minister are: poor agricultural income, decline in manufacturing ; and the need for fiscal discipline. Here are sector-wise highlights: TAXATION 1 Abolition of Wealth Tax. 2 Additional 2% surcharge for the super...
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SC kept in dark about threat from six Uttarakhand dams -Nitin Sethi
-Business Standard The Supreme Court asked the Union environment ministry to review six specific hydroelectric projects on the upper Ganga basin in Uttarakhand. On Wednesday, the ministry informed the apex court that its expert committee had checked and found the six had almost all the requisite and legitimate clearances. But, the ministry did not tell the court the experts, in the report to the ministry, had also warned these dams could...
More »Govt apathy fanning protests against hydro projects: Himachal experts panel -Chander Suta Dogra
-The Indian Express Chandigarh: A panel of experts appointed by the Himachal Pradesh government has said that popular opposition to large hydel power projects on the Sutlej is being fanned by the establishment's "indifference" to the problems of the people. The panel has rejected the conclusions of a report prepared earlier for the union government, which had said that the adverse impact of the projects can be mitigated by suitable measures. "...Opposition to...
More »Solar power can be the game-changer for inclusive growth -Vikas Gupta
-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...
More »Damned by development -Kavita Upadhyay
-The Hindu Though the Union Environment Ministry acknowledges its damage, Uttarakhand's hydroelectric project-driven development agenda remains unchanged Chaaen, a village atop a hill in the picturesque Alaknanda Valley, is infamous for getting a hydroelectric project into trouble. I first visited the village last year while covering the worst flood disaster Uttarakhand had witnessed. On June 26, 2013, as I stood at Narendra Singh's verandah in Chaaen, I noticed how the walls had developed...
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