Tax holidays, cheaper labour and lower land costs would enable the smaller states of Uttaranchal, Himachal Pradesh, Chattisgarh and Jharkhand to emerge as preferred destinations for investment, industry body Assocham said.
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.
India is expected to cut imports by a fifth in the fiscal year.
India will either have to create a system in which certain geographical areas will wind up being permanent political outsiders at the Union level or it will have to create a system in which certain votes are weighted more heavily than others, observes Mihir S Sharma.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
Bids for eight coal blocks were sent for re-examination.
'Silencing citizens has become a major institutional process under this regime.' 'The anti-Indian argument is a bogey -- meant to silence independent thinking people in India and turn us into goats and sheep.'
Hindalco is currently one of the frontrunners in the coal auction
Trade, transport and hotels form a major part of the country's GDP and these sectors were crippled by the strike
The Central Bureau of Investigation is likely to file its status report in the coal scam before the Supreme Court on Tuesday stating details of its 14th FIR against Hindalco and others and also progress in the remaining 13 cases.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
India's development plans, requiring 11 million hectares of land over the next 15 years, is likely to stoke tensions
Targeting Rahul Gandhi over his party's alliance with fodder case convict and Rashtriya Janata Dal supremo Lalu Prasad, Narendra Modi on Wednesday asked if the Congress vice president plans to guard the country's resources by allying with leaders accused in scams.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
Power and Coal Minister Piyush Goyal warned that it would take years to alleviate coal supply shortages, which have reduced stocks at thermal power stations to their lowest since a huge blackout in 2012 cut off 620 million people.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.
The Central Bureau of Investigation on Wednesday registered eight more preliminary enquiries in connection with issues related to intercepted phone calls of lobbyist Niira Radia against former Jharkhand Chief Minister Madhu Koda, Reliance Industries Limited and others in separate cases.
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
Amendments to the Child Labour Act say children can work in 'family enterprises' but the definition isn't clear, points out Shyamal Majumdar.
He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
Any delay in passing the coal bill may cause a crisis in the coal sector which would also affect the power sector.
'I would like to request the AERB, UCIL and DAE to introspect. The world is changing, so is India. The wave of development and modernity will not stop for those who continue to live in the past. The future belongs to the youth who believe in the values of honesty, transparency and efficiency.'
'India is so poor that political parties will not be able to wipe out poverty from our country in another 100 years. I am of the opinion that development can come only through corporates.' 'Tomorrow, if Tata or Birla or Reliance takes up another 500 panchayats, it will boost the Indian economy also.' Sabu M Jacob, managing director of the Kitex group whose NGO Twenty20 has just won a panchayat election in Kerala, speaks to Shobha Warrier/Rediff.com
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
The Congress vice president also accused Delhi CM of "helping" forces who want to disturb Punjab's peace and push it back to the dark days of militancy.
The green panel ordered a survey to seek views of the common people about what they feel on ground about the pollution in the Ganga.
The new ordinance on land acquisition will allow land grabbers to deprive millions, destroy agriculture, horticulture, rivers, forests, tree cover and mangroves to extract minerals as well as ground water, without replenishment at a pace that will not leave anything for the next generation, warns activist Medha Patkar.
As many as 82 per cent of child workers in the national capital said that given an opportunity, they would not like to attend school
And the reason has everything to do with box office collections, says Vanita Kohli-Khandekar.
'Greenpeace has been brutal in targeting both India and the Manmohan Singh government. The push to go after Indian coal is driven by its long-term agenda. What is surprising is that China has not been meted out the same treatment, despite the fact that the rise of China as an economic power has been built around generating power from coal. 'Being richer and more affluent, yet far less democratic, there is less room for an NGO such as Greenpeace to drive home a complicated global agenda, so there is more of a tendency to go along with anything the Chinese offer despite China being the biggest by far with regard to coal use. But for India, it reserves tougher prescriptions, notably for its middle class, says Srinivas Bharadwaj.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
Sensex falls at close; metals, banks perform well.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances