The members of the Meena Gupta Committee , who argued for cancellation of clearances for the Posco project in Orissa, on Tuesday began to mount pressure on the government to accept their view. Three members of the review panel — former director of the Forest survey of India Devendra Pandey, civil rights activist and advocate V Suresh and tribal affairs expert Urmila Pingle — have submitted their response to the minority...
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Split Jairam panel puts Posco on pause by Amitabh Sinha
The showpiece proposed iron and steel project in Orissa by South Korean steel major POSCO faces a huge cloud of uncertainty with an expert panel set up by the Environment Ministry alleging violations of environmental laws. Three of its four members today recommended that all initial clearances to the project be cancelled. The lone dissenting voice was that of former Environment Secretary Meena Gupta who argued that there was no need...
More »MFI interest rate on loans likely to be capped at around 24 pc by Mashusudan Sahoo and George Mathew
Interest rates on loans from microfinance institutions (MFIs) are likely to be capped at around 24 per cent. Currently, MFIs are charging 26-40 per cent on small loans extended to their rural customers — many of whom are yet to get even a bank account — while urban customers get personal loans at 12 per cent from commercial banks. Though neither the RBI nor the government has fixed any ceiling on...
More »Jarawas add 125 to tribe by Tapas Chakraborty
Ten years, 125 more heads. Hardly anything to write home about in these times of billion-plus populations, but anthropologists aren’t complaining. Not when the last headcount showed 240 and the people in question are a threatened tribe — the Jarawas. The latest report by the Andaman Adim Janjati Vikash Samity (AAJVS), a government-affiliated autonomous agency headed by the Union territory’s lieutenant governor, shows the Jarawas now number 365 — 125 more since...
More »Why rich Indians are malnourished too by Chandra Bhan Prasad
India is the world's 10th largest economy with a GDP of $3.57 trillion and $3,100 as per capita income. Sub-Saharan Ethiopia has the 79th largest economy, with $900 as per capita income. It's far behind India. Yet, Ethiopia and a handful of other sub-Saharan nations beat India in one of the most critical social indices – 35% children in sub-Sahara are malnourished and the figure jumps to 47% for India. Does...
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