Evidence that poverty has declined since India began to liberalise in the 1980s, that the acceleration in growth to 8-9% range since the mid-2000s has resulted in accelerated poverty reduction and that these trends hold for each broad social group rather than just the aggregate population is as irrefutable as it gets in social sciences. In the accompanying graphic, taken from a recent study by Megha Mukim and the author, show...
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Most power plants left with just four days of coal supply-Anupama Airy
Be prepared for power outages ahead as coal supplies to 30 out of India's 95 thermal power plants have reached alarming levels. Out of these 30 power stations that produce 26,320 mega-watt (mw) of power, 25 plants are running on less than four days of coal stocks, according to data available with the power ministry's advisory wing, Central Electricity Authority (CEA). Of the 25, five are from National Thermal Power Corp...
More »Posco verdict: Finally, environmental justice in India by Janaki Lenin
So what if it was the largest-ever FDI in India? The law finally caught up with it on 30 March 2012, when the National Green Tribunal suspended POSCO’s environmental clearance and ordered a fresh review. We can celebrate the outcome in this day and cynical age: It is still possible, though not easy, to get environmental justice in this country. Since June 2005, when the agreement between the Government of Orissa...
More »Mamata's mantra: divide and rule-Ajitha Menon
-The Hoot The West Bengal Chief Minister has made it clear that any public voice of dissent would be curbed by whatever means required. “If required, I will tell the people which newspapers to read in future”: this gem of an announcement was made by West Bengal Chief Minister Mamata Banerjee in an interview given to selected news channels recently. Giving interviews to a chosen few, especially those who would not dare...
More »NPCIL sets a record in production
-The Hindu In a record, Nuclear Power Corporation of India (NPCIL) produced 32,455 million units of power in the financial year 2011-12, marking an increase of 23 per cent from 26,473 million units generated in 2010-1. Its 19 operating reactors, with a total installed capacity of 4,680 MWe, generated the 32,455 million units. “The financial year 2011-12 has seen a robust growth for us. The turnover has increased to about Rs.7,500 crore...
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