Clearing a protracted uncertainty over India’s largest-ever foreign direct investment, the Union Environment Ministry today gave its approval to South Korean steel major POSCO’s proposed iron and steel plant in Orissa. In an order today, the Ministry gave environmental clearance for the construction of a 12-million tonne per annum capacity iron and steel plant (4 million tonnes in first phase) and a captive power plant at Jagatsinghpur district of Orissa. It also...

Five years is a short period but the achievements are awesome. About ten crore poorest of India’s poor have opened personal accounts in banks or post offices; people demand work because it is their right; it has already regenerated ponds and water bodies and other community assets in thousands of villages; men and women get equal wages for equal work and ordinary people have a right to audit development works...

Taking a "serious view" of Shunglu Committee's findings on alleged irregularities in awarding broadcast rights of Commonwealth Games, Prime Minister Manmohan Singh on Tuesday warned of "stern action" against the guilty. "The Prime Minister has taken a serious view of the findings in the first report of the Shunglu Committee on Host Broadcasting," media advisor to the Prime Minister, Harish Khare, said in a statement. The report has been sent to Cabinet...

Enthused by the Centre's nod to Korean steel giant Posco's mega-steel plant, the Orissa government on Monday said it would soon resume land acquisition at the project site. At the same time, given its past experience with a reluctant environment ministry, the government said it will adopt a wait-and-watch approach on issues like mining and renewal of memorandum of understanding. ''We welcome the decision and thank the Union government and...

The Manmohan Singh government has moved in to restore the role of civil society groups in conducting the social audit of the Mahatma Gandhi National Rural Employment Guarantee Act in an attempt to weed out corruption from various levels. The Rural Development Ministry is in consultation with the Comptroller and Auditor General to remove the lacuna that had cropped up after social audit rules were amended in 2009 to eliminate...