The Economic Survey on Friday favoured a phased opening of foreign direct investments in multi-brand retail saying it could help address concerns of consumers and farmers, besides bringing technical know-how. Even as the debate over FDI continues, the survey said during 2011-12, projects worth Rs 24,143 crore are expected to be completed adding a capacity of 168.6 lakh square feet. "Permitting FDI in retail in a phased manner beginning with metros and...
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FDI push & price pill by Jayanta Roy Chowdhury
President Pratibha Patil today reaffirmed the government’s resolve “to maintain the momentum for reforms on a wide front”, prompting policymakers to outline the possible economic agenda ahead of the budget just a week away. Top officials offered their take on the phrase, mentioned in Patil’s speech to Parliament at the start of the budget session. According to the them, Prime Minister Manmohan Singh and finance minister Pranab Mukherjee are looking to...
More »Jairam Ramesh: Minister who gave new meaning to environmental governance by Urmi A Goswami
Then Clive Lloyd took over the West Indies cricket team, he knew he was no Garfield Sobers. Lloyd focused on infusing discipline and strategy sessions with the team. "Both exceptional leaders, Sobers led by example, while Lloyd built a team. I suspect Jairam Ramesh is more like Sobers," an environment analyst sums up his assessment of the minister. The Sobers analogy crops up, in explicit and implicit ways, in any...
More »Scandalous Decision of Jairam Ramesh to Clear the POSCO Project
ENVIRONMENT MINISTER DISREGARDS FINDINGS OF HIS OWN REVIEW AND STATUTORY CLEARANCES COMMITTEES The following is the statement issued to the press by Abhay Sahoo, President of the POSCO Pratirodh Sangram Samiti (PPSS), and Prashant Paikeay, the PPSS spokesperson, on January 31, 2010. The decision of Environment Minister Jairam Ramesh to give a comprehensive okay to the POSCO India Steel Power Production-Captive Port project, based on some additional conditions, is nothing short of...
More »Posco satisfied with MoEF conditions: Korea
Korean Ambassador to India Kim Joong Keun on Friday said Posco was satisfied with the conditions laid down by the Ministry of Environment and Forests (MoEF) while according green signal to the project last month."Posco is satisfied with the conditions of the MoEF. I do not find any big problem for launching the project," Keun said at an interactive session organised by the Indian Chamber of Commerce in Kolkata.He said...
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