The Tatas pulled out of Singur; the Salims of Indonesia out of Nandigram. What is still ticking is the Jindals’ Rs-35,000-crore, 10-million-tonne steel plant at Salboni. It has the potential to churn out the first industrial success story for whoever captures power in West Bengal after May 13. Along with the steel plant, a 1,000-MW power project to is coming up. At one point, Salboni had appeared to have the makings of...
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Watts in it for me? by Tusha Mittal
A LEAFY VILLAGE in Kerala, Pathanpara, never found access to India’s electricity grid. That is why for the last several years, this village has been generating its own electricity. Raju, a dhoti-clad cashew nut farmer, operates Pathanpara’s five kilowatt (KW) micro hydropower plant. He lives in the village and earns a salary of Rs 2,250, paid by the People’s Electricity Committee (PEC). The power generated is shared equally by the village,...
More »Workers may also get skill development under NREGS by Ravish Tiwari
With manufacturing sector growth in the Eleventh Plan period estimated at 8 per cent against 11-12 per cent required to create about 2 million additional jobs in the country, the Prime Minister’s National Council on Skill Development (NCSD) is considering recommending to the Rural Development Ministry that the UPA’s flagship rural job guarantee scheme (NREGS) be widened to include providing “skill development” to unskilled wage seekers. The issue is likely to...
More »Flash UID for pay, Maharashtra govt tells staffers by Manthan K Mehta
In a bid to weed out frauds, the government has decided that all its employees should have the Aadhar Unique Identification Number (UID) to draw their salary. Maharashtra will be the first state in the country to implement the system. The UID will have demographic and biometric information of an individual. The government, which has nearly 37 lakh staffers, hopes that the system will stop corruption among unscrupulous employees, who have...
More »Social crisis ahead: World Bank, IMF by Narayan Lakshman
Even as the World Bank and International Monetary Fund annual Spring Meetings kicked into top gear, IMF Managing Director Dominique Strauss-Kahn made a strong case for reducing global inequality if economic growth was to be sustained. Speaking earlier this week at the Brookings Institution, Mr. Kahn said, “Because growth beset by social tensions is not conducive to economic and financial stability, the IMF cannot be indifferent to distribution issues. And when...
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