Import duty on raw silk has been cut from 30 to 5 per cent The mood is grim at the Government Cocoon Market in Ramanagaram. The auction of silk cocoons is on; however, no silk reeler is willing to pay more than Rs. 110 for a kg. At this rate, the loss incurred by each farmer is a heartbreaking Rs. 60 a kg. Double whammy The loss is greater and the risk more...
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Posco land acquisition may be deferred by a week
-The Business Standard The Orissa government may defer its plan to resume land acquisition for South Korean steel company Posco’s $12-billion project near Paradip on May 18, by a week due to non-cooperation of United Action Committee (UAC) members, unavailability of temporary shed for police forces and severe heat wave. Priyabrata Patnaik, managing director of state-owned Industrial Infrastructure Development Corporation and nodal officer for the project, had earlier said the land...
More »Where soft drink is easier to get than water by Abhijeet Chatterjee
It’s easier to get a bottle of soft drink than drinking water in Bankura’s Saltora. The CPM-controlled constituency is reeling from a severe water scarcity with the residents alleging that the Left has done precious little to provide purified drinking water in the area. Mrityunjoy Pandit, a 25-year-old resident of Saltora’s Ardhagram village, said the area had always faced water scarcity but this year it was acute because of the scanty rainfall...
More »A Table for Nine Billion by Aprille Muscara
As the World Bank and International Monetary Fund convene for their annual Spring Meetings here, soaring food prices are high on the agenda, prompting some analysts to fast-forward to 2050 and the question of how to nourish the mid-century's estimated world population of 8.9 billion people – the majority of whom will live in developing countries. "More poor people are suffering and more people could become poor because of high and...
More »Centre to announce new water policy: Salman Khurshid by Gargi Parsai
The Centre will come up with a new National Water Policy next year that will address the issues of water scarcity, management and conservation, Union Water Resources Minister Salman Khurshid said here on Monday. The Ministry has already undertaken an exercise to review the National Water Policy of 2002, and is holding consultations with various stakeholders on the new policy, which would take on board issues relating to climate change. Addressing the...
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