-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...
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Jumbo con: Chhattisgarh fudges forest data for coal mining -Nitin Sethi
-The Times of India The Chhattisgarh government fudged records, concealed facts, changed policy and altered decisions while the Union environment ministry overlooked all such illegalities to open up 1,899 hectares for mining in Hasdeo Arand, one of the best patches of forests in central India. Initially, the Centre had decided to protect Hasdeo Arand by making it a no-go zone for miners. The Chhattisgarh government too had moved to get the dense...
More »Ania Loomba, Professor at University of Pennsylvania interviewed by Niharika Mandhana
-The New York Times Blog On March 23, when students and prominent Indians meet at the Wharton School of the University of Pennsylvania for the India Economic Forum, one person will be conspicuous by his absence: Narendra Modi. The chief minister of Gujarat was invited to join the conference via Skype to discuss Gujarat’s development model, but student organizers of the annual conference withdrew their invitation on Sunday after a few University...
More »Brinda demands independent probe-Sarabjit Pandher
-The Hindu Communist Party of India (Marxist) Polit Bureau member Brinda Karat on Wednesday demanded an independent inquiry into the Comptroller and Auditor General (CAG) report, which has pointed out serious lapses and wrongdoings in the Rs. 52,000-crore farm debt waiver scheme. Ms. Karat was talking to journalists at the party office here, before resuming her programme of “Sangharsh Sandesh Jatha,” which began from Jallianwala Bagh in Amritsar on March 4. She said...
More »Adani Group cancels Wharton sponsorship-Darshan Desai
-The Hindu The decision follows Wharton India Economic Forum’s cancellation of Gujarat Chief Minister Narendra Modi’s live video keynote address scheduled on March 23. Following Wharton India Economic Forum’s cancellation of Gujarat Chief Minister Narendra Modi’s live video keynote address, former Union Minister Suresh Prabhu has pulled out of the event and the Adani Group of industries of Gujarat, the event’s “platinum” sponsor, has cancelled its sponsorship. Suresh Prabhu, a leader of BJP-ally...
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