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Vedanta coalmine proposal fuels villagers' displacement fears by Aman Sethi

More than a thousand villagers from Chhattisgarh's coal-rich Raigarh district have expressed their opposition to a mine proposed by Vedanta Resources, a giant multinational. Vedanta, if granted clearance, hopes to mine four million tonnes of coal a year to fuel the expansion of its 810-MW captive power plant on the Bharat Aluminum Company (BALCO) premises in Korba, Chhattisgarh. Vedanta acquired a 51 per cent stake in BALCO in 2001, and the...

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Neoliberal illogic by Prabhat Patnaik

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

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New hope for tribal families in Warangal by Gollapudi Srinivasa Rao

Societies formed to give jobs in sandmining hitherto handled by non-tribals and contractors A small intervention from kind-hearted bureaucrats made a life-changing impact on scores of tribal families who eke out a primitive mode of life in these agency tracts of Warangal district. Vast stretches of dry beds of the Godavari are worth more than a gold mine and these had been exploited by non-tribals and wealthy contractors quarrying the sand. The...

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Farmers' suicides reflective of death of rural banking by G Arun Kumar

Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...

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Kiran's New Year gift: houses to urban poor

Taking forward the pro-poor schemes of Y.S. Rajasekhara Reddy, Chief Minister N. Kiran Kumar Reddy announced in style his New Year gift: a housing scheme for the urban poor. With a proposed budget of Rs.5,000 crore, the project, ‘Rajiv Awaas Yojna', will ensure pucca houses to the poor in every slum across the State. Announcing the scheme amid much fanfare during a surprise visit to a slum in the city's outskirts, the...

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