-The Indian Express The Supreme Court on Thursday ruled that the Vedanta Group's bauxite mining project in the Niyamgiri Hills of Orissa will have to get the gram sabha's clearance on whether it affects the cultural and religious rights of the tribals and forest dwellers living in Rayagada and Kalahandi districts. While the gram sabha's nod is compulsory under the Forest Rights Act, the court made it clear that the Act confers...
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Rs.1,755-crore drought relief package for non-delta farmers
-The Hindu Assessment by high-level committee based on interactions with farmers Chennai: A Rs.1,755-crore package of drought relief measures was unveiled on Friday for non-Cauvery delta districts in the State. Of this package, six components were meant for about 17.9 lakh farmers, who had suffered over 50 per cent crop loss. The farmers, for a variety of crops, would receive a total compensation of Rs. 835.21 crore. Making an announcement in the Assembly, Chief...
More »Chit-fund scam: Saradha agents lay siege to Mamata house -Saibal Sen & Caesar Mandal
-The Times of India KOLKATA: Bengal is sitting on a powder keg. And the fuse could well have been lit on Friday as a 33-year-old agent of Saradha Group, a chit fund company that has gone bust, committed suicide being unable to pay his depositors while over 3,000 agents laid siege to chief minister Mamata Banerjee's residence in protest against the lockdown. The turn of events has triggered fears of a repeat...
More »In Karnataka race of millionaires, real estate ahead of mining -Johnson TA
-The Indian Express Bangalore: When affidavits were filed by the contestants for the 2008 assembly polls declaring their wealth, it was a close race between the two dominant money-spinning sectors in Karnataka - real estate and iron ore mining. Affidavits filed by 5,376 candidates in the fray for the May 5 assembly polls show that the real estate sector that flourishes in and around Bangalore and, to a lesser extent, around cities...
More »Twin SC rulings provide relief for natural resources sector -Neha Sethi and Ruchira Singh
-Live Mint Vedanta can mine bauxite in Orissa with gram sabha nod, some Karnataka iron ore mines to reopen Two key judgements passed by the Supreme Court on Thursday bode well for India's troubled natural resources sector, keeping alive Vedanta Resources Plc's hopes of mining bauxite in Orissa and promising an alleviation of raw material shortages at steel makers by partly lifting a ban on iron ore mining in Karnataka. The country's top...
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