There's not much you can buy in terms of assets for Rs 1 lakh. But two Delhi businessmen gained access to a multi-crore iron ore mine in Chhattisgarh for just this much. On June 2, 2004, two brothers, Atul Jain and Sanjay Jain, pooled together Rs 1 lakh in Delhi to set up a company, Pushp Steel and Mines Ltd. The same day, the company applied for a prospecting licence...
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Bihar sees a growing tribe of rural migrants by Pallavi Singh
Amipur may be a small dot along the national highway from Patna to Nawada, but its ambitions are big. In the 50-odd households in the village, sparsely populated and rife with an uneasy quiet, most men have left for work outside Bihar. Siyaram Chauhan is the one who returned. He was rescued last month by the state government officials from a brick kiln in Uttar Pradesh’s Bahraich where he worked as...
More »MGNREGS wage payments worth crores remain unpaid by Ruhi Tewari
The government owes crores of rupees to workers under its flagship rural jobs scheme as wages for April and May, even though payment is not supposed to be delayed by more than a fortnight. Wage payments of Rs283 crore are due for the first two months of the ongoing fiscal under the Mahatma Gandhi National Rural Employment Guarantee Scheme, according to data available with the rural development ministry, which oversees the...
More »88,000 fake ration cards by Ashutosh Mishra
Orissa government to save Rs 40 crore by cancelling them THE Orissa government has cancelled over 88,000 bogus ration cards detected during a two-and-a-half-month drive by the state’s food supplies department. Sources said more than 68,000 of the ghost cards detected in 27 of Orissa’s 30 districts between November 2009 and January this year belonged to the Below Poverty Line (BPL) category; 9,877 such cards were under the Antyodyaya scheme aimed to...
More »Posco Project likely to displace 470 families
A day after initiating land acquisition process for Posco-India’s mega steel plant project near Paradip, the Orissa government on Wednesday said 470 families could face displacement due to the mega plant. “The Rehabilitation and Periphery Development Advisory Committee (RPDAC) had already finalised a compensation package for the affected families,” Revenue and Disaster Management Minister Suryanarayan Patra informed the State Assembly. The steel major required 4,004 acres for the Rs. 51,000 crore project...
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