Kolkata gears up to salute Mother Teresa Thursday
Chidambaram assures restraint in Kashmir, warns against 'saffron terror'
Land acquisition amendment bill in next session, assures PM
Troubled Galaxy Destroyed Dreams, chapter 549
Palash Biswas
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Hungry GREEDY Parliamentarians PAID Enough to Pass N- Liability Bill Which Dilutes Liability as Suppliers Have NOT to Pay Anything in Case of Nuclear Disaster! India on SELL Off as VEDANTA Halted in Orissa NOT for the Tribals or Environment as FOCUSED, it is just for INDIA INCs Ruling Hegemony led by Mukesh Ambani!The Civil Nuclear Liability Bill was passed in the Lok Sabha after months of complicated negotiations and with a political compromise between the Central Government and the Opposition.
After Prime Minister Manmohan Singh had "begged" to it to unanimously pass the controversial nuclear liability bill, the Lok Sabha tonight gave its approval to the measure with 18 amendments that will now enable the government to do nuclear commerce with the world.A total of 18 official amendments were adopted by the House including the one the rephrased clause 17(b) which read "the nuclear incident has resulted as a consequence of an act of supplier or his employee, which includes supply of equipment of material with patent or latent defects or sub-standard services."
The BJP's support, which was articulated by senior member Jaswant Singh, came after the official amendment reflected the formulation of the amendment proposed by him.
Security beefed up in Orissa's Niyamgiri area ahead of Rahul Gandhi's visit
Orissadiary.com - 1 hour agoReport by Dipti Ranjan Kanungo; Bhubaneswar: Security has been beefed up in Niyamgiri area of Kalahandi district ahead of visit of Congress General ...
Security up ahead of Rahul Gandhi's visit to Orissa
Sify - 4 hours agoSecurity has been beefed up in Niyamgiri area of Orissa's Kalahandi district ahead of Congress General Secretary Rahul Gandhi's visit to the area, ...
Rahul to visit Orissa tribal region
Oneindia - 6 hours ago... clearance to Vedanta mining project, Congress leader, Rahul Gandhi is planning to organize a tribal rally in near Niyamgiri Hills in Orissa on Aug 26. ...
After dalits, it's tribal cause for Rahul now
Economic Times - 20 hours agoCongress general secretary Rahul Gandhi, who is visiting Niyamgiri on August 26, will drive home his party's political point that interests of tribals are ...
Why is UPA turning heat on Vedanta?
Times of India - 20 hours agoRahul had, little over two years ago, in March 2008, visited Lanjigarh and met the primitive Dongaria Kondhs and Kutia Kondhs of Niyamgiri. ...
Rahul Gandhi may visit Kalahandi
indiablooms - 7 hours agoNew Delhi, Aug 25 (IBNS) Congress leader Rahul Gandhi is expected to fly to Orrisa on Thursday morning to address a rally of tribal people of Niyamgiri ...
Rahul to address rally in Niyamgiri tomorrow
The Hindu - 8 hours agoPhoto: Rajeev Bhatt Congress leader Rahul Gandhi is slated to address a tribal rally on Thursday near Niyamgiri Hills in Orissa's Kalahandi district where ...
Rahul Gandhi to Meet Tribes at Forest Site of Rejected Orissa Bauxite Mine
Bloomberg - Abhishek Shanker - 8 hours ago... a Vedanta shareholder, and the Church of England opposed Vedanta's plans to mine the Niyamgiri hills to feed its 1 million-metric-ton refinery. ...
State awaits CM's Delhi mission outcome
Express Buzz - Aug 23, 2010The Union Environment Ministry is expected to announce its decision on Vedanta's mining proposal in the Niyamgiri hills on Tuesday. And two days later, ...
News for Niyamgiri
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The environment ministry's no to Vedanta's bauxite-mining plans in Orissa's Niyamgiri hills isn't unexpected. The project has raised dust, ...
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Security beefed up in Orissa's Niyamgiri area ahead of Rahul ... - Orissadiary.com - 20 related articles »
Ecological sense in Niyamgiri - Economic Times - 5 related articles »
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Niyamgiri Hills, India. Dongria Kondh man in Niyamgiri's forests. © Jason Taylor. The Niyamgiri Hills form a mountain range in the Eastern Indian state of ...
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Niyamgiri and Vedanta - Environmental Protection Group, Orissa
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Niyamgiri Hill is located in the Lanjigarh block of Kalahandi district. It is a scheduled V area, and is inhabited by Dongaria Kondhs, a primitive tribal ...
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Centre rejects Vedanta's Niyamgiri mining proposal - India ...
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25 Aug 2010 ... The Union environment and forests ministry on Tuesday rejected the clearance for Orissa Mining Corporation to mine Niyamgiri hills for ...
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Niyamgiri « Our Voices to Stop Ecocide
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The Dongria Kondh are an indigenous tribe who have lived since time immemorial around the mountain Niyamgiri in the Indian state of Orissa. ...
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Vedanta Mining - Journalist detained at Niyamgiri; Amnesty exposes ...
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13 Feb 2010 ... It is a well known fact that there are no Maoists in Niyamgiri hills and there has been no incidence in the area that indicates their ...
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Tribals at Niyamgiri feel only half the battle won
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25 Aug 2010 ... There is an unusual combination of fear and fortitude on show, as the fight over Niyamgiri Hills finally draws to a close.
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The Hindu Business Line : A struggle to save Niyamgiri forests
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8 Aug 2004 ... The undisputed fact is that Niyamgiri forests are being clear felled for India to become one of the world's biggest aluminium producer as ...
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Vedanta: For Niyamgiri tribals, half the battle is won : Rediff ...
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25 Aug 2010 ... Even though Vedanta Resource's proposal to mine bauxite at the sacred mountain in Orissa's Kalahandi district is rejected, for thousands of ...
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9 Aug 2010 ... A song by Delhi based folk-electronica duo Mili Bhagat picturised n the Zaroori Khwaab of the Dongria Kondh of Niyamgiri. ...
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The Hindu : News : Rahul's tribal rally in Niyamgiri tomorrow
25 Aug 2010 ... Congress leader Rahul Gandhi is slated to address a tribal rally on Thursday near Niyamgiri Hills in Orissa's Kalahandi district where the ...www.thehindu.com/news/article593578.ece
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BankTrack.org - dodgydeals - Bauxite mine Niyamgiri Hills
The company is planning to mine over 1 million tonnes of bauxite a year from reserves within Niyamgiri mountain. Official studies have indicated that this ...www.banktrack.org/show/.../bauxite_mine_niyamgiri_hills - Cached - Similar
Environment Ministry stalls Vedanta's Niyamgiri project in Orissa ...
24 Aug 2010 ... The Environment Ministry said that it is also examining penal action against Vedanta.economictimes.indiatimes.com/news/...Niyamgiri.../6425059.cms
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No mining in Niyamgiri Hills without 100 pc clearance: Vedanta
19 Aug 2010 ... Vedanta Resources Chairman Anil Agarwal on Monday said the group will ''abide by law'' and will only start mining bauxite from the Niyamgiri hills in Orissa ...www.deccanherald.com/content/.../no-mining-niyamgiri-hills-100.html - Cached
Vedanta's Niyamgiri project delayed as Orissa goes for fresh ...
12 Jul 2010 ... Financial express latest business and finance news: Vedanta's Niyamgiri project delayed as Orissa goes for fresh forest survey.www.financialexpress.com/...Niyamgiri.../645029/ - United States - Cached
Press Release On Policy Dialogue: Niyamgiri, a test case for the ...
12 Aug 2010 ... Navdanya is a network of seed keepers and organic producers spread across 16 states in India.It has its 54 seed banks across the country and ...www.navdanya.org/.../117-press-release-on-policy-dialogue-niyamgiri-a-test-case-for-the-defense-of-our-forests-and-tribals- - Cached
Niyamgiri, Orissa and the Movie 'Avatar': Real And Reel—Uncanny ...
Prologue Stories are based upon past events, or personal or recorded human experience, embellished by imaginative thinking. They sometimes carry (...)www.mainstreamweekly.net/article2209.html - Cached
Niyamgiri tribals to intensify stir against Vedanta mining
7 Jun 2010 ... The local tribals of Niyamagiri hills in Orissas Kalahandi district, where Vedanta Alumina Limited (VAL) proposed to mine bauxite to feed ...sify.com/.../niyamgiri-tribals-to-intensify-stir-against-vedanta-mining-news--news-kghbuLijecg.html - Cached
ActionAid UK: The struggle to save Niyamgiri Mountain
The Niyamgiri Mountain has been home to three tribal groups for generations. The mountain provides for all their needs – including food, water and medicines ...www.actionaid.org.uk/.../the_struggle_to_save_niyamgiri_mountain.html - Cached - Similar
Naveen sees no wrong in Rahul's Niyamgiri visit - Hindustan Times
22 Aug 2010 ... Even as his partymen were opposed to Rahul Gandhi's proposed visit to Niyamgiri area where Vedanta is planning a mining project, ...www.hindustantimes.com/...no...Niyamgiri.../Article1-590347.aspx - Cached
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Rahul Gandhi's visit to Niyamgiri hills in Orissa's 07 | Flickr ...
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Remember March 2008, and you would flash back to the upheaval that Congress General Secretary Rahul Gandhi's visit to Niyamgiri hills in Orissa's Kalahandi ...
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Rahul Gandhi to visit Niyamgiri area on August 26 | Siasat
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20 Aug 2010 ... Bhubaneswar, August 20: Congress General Secretary Rahul Gandhi will address a tribal rally at Lanjigarh area in the foothills of Niyamgiri ...
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Save Niyamgiri, feature on Kondh tribals keenly awaiting Supreme ...
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Set back for mining company, Niyamgiri tribals wait and hope as Supreme Court hearing delayed.
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www.actionaid.org/drc/index.aspx?PageID=3256 - Cached
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Vedanta's Niyamgiri project shown red light
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24 Aug 2010 ... The Environment Ministry rejected Vedanta Resources' application for a Stage II forest license for its mining project.
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www.indiainfoline.com/Markets/News/...Niyamgiri.../4914029659 - Cached
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Niyamgiri: Not the Last Battle of the Natives | Hard News
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The Dongria Kandhs in Niyamgiri mountains and Kutia Kandhs on the foothills of this ecological hot spot in Orissa, are fighting a hard battle against a ...
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www.hardnewsmedia.com/2010/05/3540 - Cached
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GovernanceNow.com | Mining Niyamgiri hills will be illegal: NC ...
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16 Aug 2010 ... The NC Saxena Committee has ruled out the possibility of mining the Niyamgiri hills saying that since the proposed area belongs to the ...
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www.governancenow.com/.../mining-niyamgiri-hills-will-be-illegal-nc-saxena-report - Cached
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Kalahandia: "Niyamgiri Vedanta Nagar": the Model R&R Colony in Odisha
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9 Nov 2009 ... "I have been to several industrial zones of Orissa, but after visiting this Niyamgiri Vedanta Nagar I must say that it is the Model R&R ...
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Won`t abandon India`s Niyamgiri project: Vedanta
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25 Aug 2010 ... The state may legally challenge the federal ministry`s decision to block the project, Vedanta COO said.
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Strike A Balance
Times of India - 1 hour ago
The environment ministry's no to Vedanta's bauxite-mining plans in Orissa's Niyamgiri hills isn't unexpected. The project has raised dust, ...
Video: The Mint Report for 24 August Mint
Green lobby welcomes rejection of envt clearance to Vedanta - Economic Times
Activists Ask Vedanta To Shut Refinery - Wall Street Journal
Business Standard - Livemint
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Security beefed up in Orissa's Niyamgiri area ahead of Rahul ...
Orissadiary.com - 1 hour ago
Report by Dipti Ranjan Kanungo; Bhubaneswar: Security has been beefed up in Niyamgiri area of Kalahandi district ahead of visit of Congress General ...
Security up ahead of Rahul Gandhi's visit to Orissa - Sify
Rahul to visit Orissa tribal region - Oneindia
After dalits, it's tribal cause for Rahul now - Economic Times
Times of India - indiablooms
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Ecological sense in Niyamgiri
Economic Times - 10 hours ago
Fast forward to the here and now, and the decision of the ministry of environment and forests to disallow bauxite mining in Niyamgiri hills in Kalahandi ...
Today's Paper » MISCELLANEOUS - The Hindu
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Govt hopes to gain brownie points on Niyamgiri
Economic Times - 20 hours ago
The tribals in the areas around Niyamgiri and Lanjigarh have been agitating against mining contracts awarded to Vedanta. Maoists have been exploiting the ...
Verdict on Vedant: Good environmentalism makes good politics, say ... - domain-B
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Nothing wrong in Rahul's Niyamgiri visit, says Naveen
Times of India - 3 days ago
BHUBANESWAR: Even as his partymen were opposed to Rahul Gandhi's proposed visit to Niyamgiri area where Vedanta is planning a mining project, Orissa Chief ...
Rahul Gandhi to visit Niyamgiri area on August 26 - IBNLive.com
'I told them I was not a Maoist' - Hindustan Times
Biju Janata Dal critical of Rahul Gandhi's Lanjigarh visit - Daily News & Analysis
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Vedanta ready to exit Niyamgiri hills
Hindustan Times - 17 Aug 2010
The report, which will be taken up by the Forest Advisory Committee (FAC) on Thursday, said that allowing mining in the proposed area (Niyamgiri hills) will ...
Video: Saxena panel stalls Vedanta's bauxite project NewsX
No mining in Niyamgiri Hills without 100 per cent clearance: Vedanta - Economic Times
Sterlite's Niyamgiri mining project illegal: Panel - Business Standard
Times of India - Sify
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Youth Cong plans land stir starting with Niyamgiri
Indian Express - 1 day ago
Starting from Niyamgiri Hills where Rahul Gandhi will address a public rally on Thursday to lend his voice to tribals protesting against Vedanta's mining ...
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Environment Ministry panel accepts Niyamgiri findings
IBNLive.com - 5 days ago
... of the NC Saxena committee report seeking ban on mining projects of UK-based Vedanta Resources in Niyamgiri Hills in Orissa citing violation of norms. ...
Centre trying to save own skin over Vedanta conflict? - Times of India
Vedanta project: Orissa hopes to place its stand before FAC - Economic Times
Orissa slams panel allegations - Hindustan Times
HotnHitNews - SteelGuru
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* Orissadiary.com
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Sensex ends 98 pts lower on global cues profit booking
Moneycontrol.com - 1 day ago
Environment Minister Jairam Ramesh has rejected stage II forest nod for Vedanta's bauxite mining project in Niyamgiri Hills (Orissa) saying that the project ...
Sensex southbound on weak global cues Bharti rises - Moneycontrol.com
Sensex Down 132 Pts on RBI Rate Hike Fears - Outlook
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Highlights of panel report
Hindustan Times - 1 day ago
The value of Niyamgiri Hill forests as an important elephant habitat is well recognised by its inclusion in the South Orissa Elephant Reserve. ...
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Ending months of wrangling between treasury benches and the opposition, the House today passed the Civil Liability for Nuclear Damages Bill after government dropped the contentious provision of "intent" in case of accidents, adopting a BJP amendment.
"I beg of this House to pass this bill with unanimity," the Prime Minister said in a brief but spirited intervention appealing to the House for a bipartisan approach. The bill was adopted by the House by a voice vote after it rejected a CPI(M) amendment that sought to fix the liability cap on operators in case of accidents at Rs.10,000 crore instead of the Rs.1,500 crore proposed in the measure.
The House nod came not not before Prime Minister Manmohan Singh made a spirited intervention in the four-hour debate rejecting allegations that the bill was brought to advance the interests of the United States and its corporations.
He described the measure as a completion of journey to end apartheid against India in the field of atomic power. The CPI(M) amendment was negatived in a division pressed by its Parliamentary Party leader Basudeb Acharia with 252 voting against and 25 voting for it.
The Prime Minister, Dr Manmohan Singh, on Wednesday assured the parliament that the Civil Nuclear Liability Bill did not compromise India's interests, saying it completes our journey to end the apartheid in the nuclear field.
"I categorically state that this Bill is a completion of journey to end the nuclear apartheid which the world had imposed on India. To say that this Bill is aimed at advancing US interest is far from truth; and history will be the judge," said Dr Singh.
"We will do everything to strengthen the Nuclear Safety Regulatory Board. The concern over safety is one I share with the Opposition. India wished to use nuclear energy in a major way," he added over the concern of the Opposition over the Bill.
The Prime Minister said the Government was indulging in a 'sleight of hand' by first introducing the word 'and' and later 'intent' in the draft bill, while referring to various attempts by the Centre to introduce contentious clauses in the Bill.
Referring to various attempts by the government to introduce contentious clauses in the Bill on which it had to backtrack, Singh said the government was indulging in a "sleight of hand" by first introducing the word 'and' and later 'intent' in the draft bill.
Earlier today, the Central Government tabled the Civil Nuclear Liability Bill and dropped a controversial amendment to a contentious clause on the liability of suppliers in case of accident in the civil nuclear damages bill, in a bid to evolve a consensus on the measure.
Minister of State for Science and Technology Prithviraj Chavan moved the Bill in the House and tabled an amendment to Clause 17(B), which now does not have the word 'intent' with regard to suppliers or their employees in causing an accident in a nuclear plant.
"The nuclear incident has resulted as a consequence of an act of supplier or his employee, which includes supply of equipment or material with patent or latent defects or sub-standard services," reads the rephrased amendment now.
The Bharatiya Janata Party (BJP)-led Opposition had on Tuesday decided to put the Government on the back foot over the issue of Nuclear Liability Bill in the Parliament today.
The Union Cabinet cleared 18 amendments on August 20, including the one, which deals with a clause on liability of a supplier in the event of a nuclear accident.
The passage of the Bill is considered important for starting nuclear commerce between India and the international community. Earlier, the government had listed the Bill for introduction on March 15, but had to defer it at the last moment after it realised that it did not have the requisite numbers to see its introduction in the Lok Sabha.
In the present form, the Bill limits liability to the operator for each nuclear accident at Rs 500 crore.
The discussion on controversial civil nuclear bill, which had led to frequent sparring between the BJP and Congress in the recent past, on Wednesday saw a rare bonhomie when the two parties patted each other's back after reaching a consensus on the proposed legislation.
Minister of State for Science and Technology Prithviraj Chavan was the first one to reach out to the opposition when he gave credit to the erstwhile BJP-led NDA regime for initiating the civil nuclear regime.
"I would like to acknowledge here the work done by the then Government in 2002 (NDA) to start thinking about enacting a civil nuclear liability regime. The then Government could not complete its task, which fell to our domain to take that task further," Chavan said while moving the Civil Liability for Nuclear Damages Bill, 2010 in the Lok Sabha.
The principal opposition was not behind in showering praise on the Congress-led UPA government for the manner in which tried to build a consensus among political parties on the proposed legislation.
"I must sincerely commend the Minister of State, Prithviraj Chavan, for the energy, application and assiduity with which he has worked towards achieving a consensus. I have known him for quite a few years, and I have always commended and complimented him on his commitment," senior BJP leader Jaswant Singh, who initiated the debate on behalf of his party, said.
He also commended Leader of the House Pranab Mukherjee for his efforts.
"I am grateful also to the Leader of the House Pranab Mukherjee who did us the courtesy of consulting with us without which several of the consultations would perhaps have not reached the stage of a consensus," Singh said.
Though Jaswant Singh's speech was critical of the government on certain aspects of the civil nuclear bill, many considered it mild in content.
Outside the House, BJP spokesperson Rajiv Pratap Rudy expressed satisfaction with the government's approach, saying most concerns of his party on the bill had been taken care of.
"We had earlier expressed deep concerns about the civil nuclear bill... We are happy that the government has incorporated our suggestions in the bill," Rudy said.
He said the main opposition wanted the proposed legislation to be India-centric and also praised the role of other political parties at the Standing Committee stage.
"Everybody has contributed to the amendments in the bill... Deputy Leader in Rajya Sabha S S Ahluwalia, RJD, SP and other members in the Standing Committee on Science and Technology. Perhaps no other bill has seen so much churning," Rudy said.
Industry chamber CII said the liability imposed on suppliers under the Nuclear Damages Bill passed by the Lok Sabha on Wednesday will stall the growth of the nuclear manufacturing industry in the country.
The industry remains concerned as the suppliers' liability under Section 17 (b) continues to form part of the Bill, CII Director-General Chandrajit Banerjee said in a statement.
CII said any civil nuclear liability claim imposed on suppliers and service providers beyond their terms of supply would make the participation of private players in the atomic sector impossible.
Under the Bill, nuclear suppliers will be liable to pay damages in case of an untoward incident over the entire 60- year plant life, in addition to a claim liability period of 20 years.
"Such kind of long-term insurance coverage for suppliers is not available globally and hence would stall the growth of the nuclear manufacturing industry in India," Banerjee said.
He said the provision is also against the global practice of channeling liability exclusively to operators.
The chamber, however, said it is important for a country to have a nuclear liability legislation, which defines the liability and legislates the parameters.
The Civil Liability for the Nuclear Damages Bill, 2010, was adopted by the Lok Sabha through a voice vote after it rejected a CPI(M) amendment that sought to fix the liability cap on suppliers in case of accidents at Rs 10,000 crore instead of the Rs 1,500 crore proposed in the measure.
Jairam Ramesh: India's crusading green minister
Jairam Ramesh, India's green minister, has found new power in saying no to big industrialists and multi-million dollar projects if he thinks ecological balance is at stake.
Saying no to London-based industrialist Anil Agarwal's Vedanta group's bauxite mining project in Orissa is the latest of his headline-hogging decisions that has firmed up his reputation as a no-nonsense minister-cum-crusader.
In barely 14 months as environment minister, the suave 56-year-old technocrat-turned-politician has pitchforked a low-key ministry into front-page headlines.
Be it mega projects like Vedanta and Posco, the Navi Mumbai airport, GM foods or tortuous climate change negotiations, Ramesh, India's chief climate change negotiator, has an uncanny ability to be in the limelight.
The list of his detractors is long and he is often described as a "wrestler". Many of his colleagues gripe about his arrogance, but if it is a green cause, he does not mind driving the powerful and the wealthy red with rage.
Not that the man who sports white khadi churidar and kurta is always right. His criticism of home minister P. Chidamabaram for being tough on China's telecom operators did not go down well with the Congress party and even Prime minister Manmohan Singh pulled him up.
But it is this tenacity and forthrightness that has also earned him praise. Historian and writer Ramachandra Guha has described Ramesh as "a true environment minister".
"Intellectually speaking, the present incumbent, Jairam Ramesh, is a considerable improvement on Maneka Gandhi, and on all others who have held the post since 1980," wrote Guha in an article.
A mechanical engineering graduate from Indian Institute of Technology-Mumbai and an alumnus of Massachusetts Institute of Technology, Ramesh has performed multiple roles that include a brief assignment at the World Bank in 1978, two stints as an adviser in the Planning Commission, an officer on special duty during the National Front administration of the VP Singh government and as an official in the finance ministry headed by Manmohan Singh in the 1990s.
In recent years, he has emerged as a favourite intellectual of Congress chief Sonia Gandhi and is said to be closely involved with mentoring Rahul Gandhi. In the first United Progressive Alliance (UPA) government, he was minister of state for commerce and industry and minister of state for power.
But his big break came when the UPA was re-elected in May last year and he was given independent charge of the environment ministry.
Those who dismissed it as a lightweight ministry are ruing it now. Within months of taking charge, Ramesh was making headlines when he discarded the idea of the inter-linking of rivers in October 2009.
His visit to Bhopal in September last year put the spotlight on the toxic waste lying there since the 1984 Union Carbide plant gas leak. Later in April 2010, he announced the setting up of the first National Green Tribunal in Bhopal.
The formal rejection of Vedanta group's bauxite mining project in Orissa is his latest "principled act" that has earned him gratitude of environmentalists.
Whatever critics may say, Ramesh, say insiders, is just the kind of environment minister India needed when climate change has climbed to the top of the global agenda.
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Tribals at Niyamgiri feel only half the battle won
Business Standard - 22 hours agoThere is an unusual combination of fear and fortitude on show, as the fight over Niyamgiri Hills finally draws to a close. Even though Vedanta Resource's ...
Centre rejects Vedanta's Niyamgiri mining proposal
Times of India - 22 hours agoNEW DELHI: The Union environment and forests ministry on Tuesday rejected the clearance for Orissa Mining Corporation to mine Niyamgiri hills for Vedanta's ...
Orissa may move SC over MoEF decision on Niyamgiri
Business Standard - Aug 24, 2010Sources said, it is the state government and not Vedanta which has to seek redressal on the setback suffered by the MoEF decision on Niyamgiri as the lease ...
Activists Ask Vedanta To Shut Refinery
Wall Street Journal - Prasenjit Bhattacharya - 6 hours agoTheir demand comes after India's federal government Tuesday rejected Vedanta's proposal to mine the Niyamgiri Hills of Orissa state for bauxite, ...
Strike A Balance
Times of India - 1 hour agoThe environment ministry's no to Vedanta's bauxite-mining plans in Orissa's Niyamgiri hills isn't unexpected. The project has raised dust, ...
Green lobby welcomes rejection of envt clearance to Vedanta
Economic Times - 5 hours agoDutta said the National Environment Appellate Authority (NEAA) is also likely to pronounce the order in the case filed by locals in Niyamgiri alleging that ...
Vedanta Won't Drop India Project
Wall Street Journal - Prasenjit Bhattacharya - 12 hours agoNEW DELHI--Vedanta Resources PLC won't abandon its mining project in the Niyamgiri Hills of the eastern Indian state of Orissa ...
Vedanta's Orissa project nixed
Livemint - 13 hours agoThis is not because Niyamgiri is sacred (the hill with the bauxite deposits is held sacred by the primitive tribal group known as the Dongria Kondh). ...
India rejects Vedanta's Orissa mine plan
Telegraph.co.uk - Garry White - 13 hours agoThe proposed mine was in the Niyamgiri Hills, an area regarded as sacred by the Dongria Kondh tribe. A campaign on their behalf was taken up by Survival ...
Tribals happy after government rejects Vedanta Group's plans for mining in Orissa
Sify - 5 hours agoNiyamgiri Hills are our mother and we cannot destroy them. If the government will change their decision now, then we will protest again and we will not vote ...
Environment Ministry stalls Vedanta's Niyamgiri project in Orissa
Economic Times - Aug 24, 2010Vedanta, through its subsidiary Sterlite India, has a joint venture agreement with Orissa Mining Corporation to mine the Niyamgiri Hills for bauxite. ...
Little Guys, Lots of Publicity Block Vedanta
Wall Street Journal (blog) - Geeta Anand - 8 hours agoJairam Ramesh, the environmental minister, put a stake in the heart of the firm's mining plans in the Niyamgiri Hills with his Tuesday announcement that ...
Vedanta falls for second day on LSE; Sterlite recovers
Economic Times - 8 hours agoThe Ministry of Environment and Forests has rejected Vedanta Aluminium's (VAL) application for Stage-II forest licence for its Niyamgiri mining project ...
The Indian tribe that took on a mining giant – and won
Independent - Andrew Buncombe, Alistair Dawber - 19 hours agoLast night, the tribal people of the Niyamgiri Hills in eastern India were celebrating after the authorities in Delhi ruled that a British-based company ...
Govt rejects Vedanta's Orissa mining plan
Indian Express - 17 hours ago"The Stage-II forest clearance for the OMC and Sterlite 3 million tonne bauxite mining project on the Niyamgiri Hills in Lanjigarh, Kalahandi and Rayagada ...
Govt verdict in Vedanta's case confusing: Ex Environ min
Moneycontrol.com - 14 hours agoEnvironment Minister Jairam Ramesh has rejected stage II forest nod for Vedanta's bauxite mining project in Niyamgiri Hills (Orissa) saying that the project ...
Environmental Ban on Vedanta Hurts Sterlite
Wall Street Journal (blog) - Amitha Rajan - 9 hours agoThe environment ministry's decision on Tuesday to block Vedanta Resources PLC's plans to mine for bauxite in Orissa's Niyamgiri Hills is hurting its ...
India Bars Mine in Big Ruling
Wall Street Journal - Geeta Anand, Prasenjit Bhattacharya - 15 hours agoDongria Kondh tribe members on India's Niyamgiri mountain to protest Vedanta's mining plans in February. "The blatant disregard displayed by the (Vedanta) ...
Jairam puts last nail in Vedanta's India plans
Economic Times - 18 hours agoVedanta had plans to use bauxite from the Niyamgiri mines to operationalise the Lanjigarh refinery. The mine would have helped the company reduce raw ...
Vedanta denies regulatory violations
Sify - 20 hours agoThe company has clarified that it is not in possession of Niyamgiri mines and no mining activity has been or will be undertaken till all approvals are in ...
Digging for facts
Indian Express - 17 hours agoThe environment ministry has come down against Vedanta's bauxite project in the Niyamgiri hills of Orissa. Yet the reaction, for and against, will again be ...
'Decision on Vedanta will not tarnish India's image'
Hindu Business Line - 9 hours ago... Committee headed by Mr NC Saxena which sought a ban on the mining project in Orissa's Niyamgiri hills in view of various violations at the site. — PTI.
How To Block A Billionaire
Forbes (blog) - Megha Bahree - 19 hours agoThe decision refers to the Niyamgiri forest in Orissa where Vedanta has been attempting for the past several years to mine bauxite to produce aluminum. ...
A Landmark Victory for Indigenous and Tribal Rights
Huffington Post (blog) - Aug 24, 2010Today Indian Minister of Environment and Forests, Jairam Ramesh announced that he has rejected Vedanta's proposed bauxite mine in the Niyamgiri Mountain, ...
Vedanta expects Orissa govt to take initiative
Business Standard - 22 hours ago"In view of the ongoing delay in the approval of the Niyamgiri mining, the government of Orissa is actively considering allocation of an alternative source ...
Orissa may allot an alternate mine to Vedanta
Economic Times - Aug 24, 2010We are not in possession of Niyamgiri Mine and no mining activity has been or will be undertaken till all approvals are in place," Dr Kumar told "The ET". ...
Vedanta: No mines, no integration
Hindu Business Line - Adarsh Gopalakrishnan - Aug 24, 2010Rejection of permission to Vedanta Aluminium to mine in Orissa's tribal belt of Niyamgiri hills may pose a significant hurdle to its target of attaining six ...
Ramesh axes Vedanta bauxite project
Business Standard - Aug 24, 2010I have taken this decision in a proper, legal approach and not because Niyamgiri is sacred," said Environment Minister Jairam Ramesh, while announcing his ...
2nd Vedanta To Pursue India Mine Project, Activists Want Refinery Shutdown
Automated Trader - Prasenjit Bhattacharya - 5 hours agoLN) will continue to seek permission to mine India's Niyamgiri Hills for bauxite, even as local activists want the London-listed company to shut down its ...
20 more Orissa projects under scanner
Business Standard - Aug 24, 2010Even as Union environment minister, Jayaram Ramesh today turned down the stage II forest clearance of the Vedanta's Niyamgiri mining project, ...
5 Aug, 2010, 06.10AM IST, Swaminathan S Anklesaria Aiyar,ET Bureau
Will Anil Agarwal beat Mukesh Ambani?
Dear Anil Agarwal, The Indian media are agog you are set to overtake Mukesh Ambani as India's biggest corporate promoter. You have made a massive $9.6 billion bid for 60% of Cairn India, which produces oil in Rajasthan and few other places. You will need to borrow heavily for the acquisition , but if you succeed your assets will exceed those of Mukesh. However, the ONGC may put in a higher bid for Cairn. Will you bid even higher?Times News Network calculates that after you acquire Cairn India and launch your proposed IPO for Sterlite Energy, your holdings will be worth close to Rs 1,67,000 crore. This will beat Mukesh's Rs 1,45,275 crore.
But it's one thing to become number one through expensive acquisitions based on huge debt, and quite another to stay number one. Mukesh has embarked on a new strategy that could leave you far behind.
He got into oil long before you by acquiring a small stake in the Panna, Mukta and Tapti fields. Using this to build up his knowhow, he then explored for and found enormous offshore gas reserves in the Krishna-Godavari basin. He also struck some oil in the KG basin, and a bit more in the Cambay basin. But these paled in comparison with his gas finds. Other exploration companies soon confirmed that India had far more gas than oil.
However, Mukesh believes that the fuel of the future could be something else altogether: shale gas. Reliance Industries Ltd generates a huge cash flow, and Mukesh could have made a bid for Cairn long before you did. He could have bought oil companies abroad. Instead he opted to buy stakes in three shale gas companies in the US. He paid $1.7 billion for a minority stake in Atlas Energy's Marcellus Shale deposit; $1.3 billion for a 45% stake in a Texas shale gas field of Pioneer Natural resources; and $392 million for a 60% stake in Carrizo's shale gas asset in Pennsylvania.
Your purchase of Cairn India is widely seen as a risky bet on the future price of oil. The high price you have paid can be justified only if oil prices rise much faster than markets expect. You assume that Sebis's proposed rule - obliging acquirers to pay non-compete fees to minority shareholders as well as the majority - will not apply to you, and this could be very costly mistake.
You bring to Cairn no experience or skills in oil. If your aim is to acquire such experience and skills, you could have done so much more cheaply by taking small stakes in oil companies, and then learning by doing.
http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/Will-Anil-Agarwal-beat-Mukesh-Ambani/articleshow/6429909.cms
Near unanimous Lok Sabha nod to n-liability bill
Sify - 3 hours ago
The civil nuclear liability bill got a near unanimous go-ahead from the Lok Sabha ... over the legislation, which is critical for India's atomic industry. ...
Video: Lok Sabha passes Nuclear Liability Bill NewsX
N-liability bill not to please any particular country: Chavan - Times of India
Govt tables N-Liability Bill in Parliament - Economic Times
domain-B - Oneindia
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Proposed N-liability norms in India far less stringent than US
Economic Times - 1 hour ago
NEW DELHI: On the verge of opening up its nuclear power sector, India has ... The Civil Liability for Nuclear Damage Bill, 2010, was adopted by the Lok ...
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Remove 'intent' from N-Bill: BJP
Hindustan Times - 1 day ago
Asked whether foreign companies would wish to engage in nuclear commerce with India with the sword of liability hanging over their head, a senior BJP leader ...
Video: N-liability a sell out? NewsX
N-liability bill faces fresh hurdle from BJP and Left - Times of India
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India This Evening: Govt Agrees to Remove Word 'Intent' from N ...
Wall Street Journal (blog) - 4 hours ago
Govt Agrees to Remove Word 'Intent' from N-liability Bill: Buckling under ... Orissa would not tarnish India's image as an investment friendly destination. ...
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India Digest: N-liability Bill in House Today, Govt Confident of ...
Wall Street Journal (blog) - 16 hours ago
N-liability Bill in House Today, Govt Confident of its Passage: Government sources are confident of resolving the deadlock with the Opposition and passing ...
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N-bill nudge to Left, hopes rest on Right
Calcutta Telegraph - 20 hours ago
However, with the Left sticking to its known position that the bill goes against ... Chavan assured Yechury and Raja that civil liability will not replace ...
Chavan meets Left leaders to seek support on n-bill - Sify
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N-liability bill: Cong-BJP show political maturity
Economic Times - 4 days ago
Notwithstanding minor differences over the draft of the nuclear liability bill, the fact that the Congress and the Bharatiya Janata Party (BJP) - and even ...
Govt denies striking deal with BJP for n-Bill support - Indian Express
The alliance wish list - Daily News & Analysis
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N-liability bill to protect US suppliers: Left
Sify - 6 days ago
The Left parties Thursday alleged that the civil nuclear liability bill was 'directed more ... general secretary of the Communist Party of India (CPI); ...
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Opposition corners govt over N-bill
Times of India - Rajeev Deshpande - 11 Aug 2010
If liability was to be that of the government's, the current bill seemed ... to support a liability bill and this would have to be more "India-centric" than ...
BJP makes clear stance on N-liability bill - domain-B
Undeterred by Opposition, govt to move N-bill - Economic Times
BJP digs its heels; wants govt clarification on N-bill - IBNLive.com
indiablooms - Financial Express
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N-liability report: Left MP dissents, says one step back
Sify - 18 Aug 2010
However, the current draft has gone one step back from even the original draft bill in protecting the supplier,' said Communist Party of India-Marxist ...
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State firms won't rival Vedanta's Cairn bid
- Reuterstate-run Oil and Natural Gas Corp, GAIL India and Oil India will not make a counterbid against Vedanta Resources' $9.6 billion stake purchase in Cairn India, a senior official in India's oil ministry told Reuters....
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Tuesday August 24, 08:10 PM | * |
Govt rejects Vedanta's Orissa mining plan on green worries
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Click to enlarge photo |
By Nigam Prusty and Bappa Majumdar
NEW DELHI (Reuters) - India on Tuesday rejected a plan by UK-based mining group Vedanta Resources Plc to mine bauxite in Orissa over environmental concerns, a blow to the firm already facing hurdles to a planned $9.6 billion energy deal in the country.
The decision comes after about four years of a global campaign against Vedanta's plan to mine in the state that the government says could affect large swathes of forested hills considered sacred by indigenous tribes.
Vedanta set up a 1-million-tonne alumina refinery in Orissa in 2008 which was running on bauxite from a neighbouring state while it awaited a mining lease closer to the plant to help cut operating costs.
"There have been serious violations of environment protection acts," Environment Minister Jairam Ramesh told reporters.
"There is no emotion, no politics, no prejudice ... I have taken the decision in a purely legal approach."
Ramesh also asked Vedanta to explain why its permit for the alumina refinery should not be cancelled because it was taking bauxite from mines that did not have green clearance.
The blow comes as Vedanta seeks to buy a majority stake in Cairn India from its UK-based parent Cairn Energy, although India's trade minister said on Tuesday state-run Oil and Natural Gas Corp should have a say in the deal.
INDUSTRY VS ENVIRONMENT
Vedanta's project in Orissa is valued at about 450 billion rupees ($9.6 billion). London-listed shares in Vedanta were down more than 6.9 percent on Tuesday and shares of its Mumbai-listed unit, Sterlite Industries, closed down nearly 4 percent.
Vedanta is among several top corporations, including South Korea's POSCO, whose Indian projects face delay as a proactive environment ministry tightens rules that often brings it in conflict with other government ministries pushing for rapid industrialisation.
But Ramesh said the decision did not amount to "blacklisting" Vedanta, signalling that the firm could seek to mine elsewhere provided it stuck to the rules.
Vedanta says the mining site is located in an uninhabited area so no one will be displaced, and that the project will help lift the poor district out of poverty.
But groups like ActionAid say the hills are home to three vulnerable tribes -- the Dongria Kondh, Kutia Kondh and the Jharania Kondh -- protected by the constitution and activists say 8,000 people rely on the mountain for water, fruit and animals.
Vedanta denied any regulatory violation by its refinery and said in a statement the Orissa government was "actively considering" giving the firm an alternative bauxite mining site.
The environment ministry decision comes after a government panel said last week giving permission to Vedanta would violate green guidelines and may have a serious impact on security, referring to a worsening Maoist insurgency that feeds partly off the resentment of people displaced by large industrial projects.
Ramesh wants to protect and expand India's remaining forest land as part of a strategy to fight climate change, but that could mean giving up mining about a quarter of the country's mineral reserves, needed to power Asia's third-largest economy.
REGULATORY HURDLES
Vedanta is already facing regulatory hurdles in its bid for control of Cairn India, which would give billionaire Anil Agarwal's group a slice of India's oil reserves.
Late on Monday, an oil ministry source said all options were open for Indian state energy firms to make a counter bid.
A banking source familiar with the matter told Reuters that ONGC (ONGC.NS : 1276.6 +4GAIL.NS : 448.2 -7.2
Shares in Cairn India closed up 3.2 percent on Tuesday in an otherwise subdued Mumbai market on hopes of a counter-bid by state-run firms, as well as a new energy discovery in India announced late on Monday.
Government officials have expressed concern about Vedanta's proposed purchase of Cairn India. India considers energy a strategic asset.
"We are very clear when it comes to petroleum and gas. These are national resources and that is what the Supreme Court has also upheld. But the concerned ministry and ONGC, which is a partner -- they have to take a view," Trade Minister Anand Sharma said on Tuesday.
($1=46.9 rupees)
(Writing by Krittivas Mukherjee; additional reporting by Ami Shah, Pratish Narayanan and Jatindra Dash; Editing by Sugita Katyal)
(For more business news visit Reuters India)
Proposed N-liability norms in India far less stringent than US
On the verge of opening up its nuclear power sector, India has proposed a legal liability limit of Rs 2,050 crore (USD 436 million) in case of a disaster, but in the US, operators have to shell out as much as USD 12.59 billion in case of an accident, a study said.Furthermore, while the insurance coverage required by an operator in the US is as high as USD 12.5 billion, in India, it has been fixed at about USD 319.3 million (Rs 1,500 crore), a Confederation of Indian Industry (CII) study comparing comparison nuclear liability limits in various countries said.
However, the insurance required in India is higher than the USD 44.1 million cover required by operators in China and USD 216.5 million in Japan. The Civil Liability for Nuclear Damage Bill, 2010, was adopted by the Lok Sabha through a voice vote today.
Kolkata gears up to salute Mother Teresa Thursday
Mass prayers, film festivals, cultural programmes, a special train and exhibitions will mark the birth centenary celebrations of Mother Teresa Thursday in Kolkata, the epicentre of the nun's work among the poor, old, infirm and the dying.
The day will start with a holy mass and inauguration at Mother House, the global headquarters of the congregation Missionaries of Charity founded by the Albania-born Nobel laureate who took up Indian citizenship.
An exhibition on the life, spirituality and message of Mother Teresa will be opened at the Mother House Thursday morning.
An exhibition train - a tribute from the Indian Railways - showcasing the nun's life and philanthropic deeds will be opened for public viewing by Railway Minister Mamata Banerjee at the Sealdah Station here Thursday evening.
Christened 'Mother Express', the train will travel to different stations of the country over the next six months. It comprises three air-conditioned coaches in which photographs and write-ups on Mother Teresa are exhibited to project her life, work and message.
A four-day film festival will be held at the cultural complex Nandan.
Organised jointly by the World Catholic Association for Communication, Archdiocese of Calcutta, the Missionaries of Charity in collaboration with the West Bengal Film Centre, the festival will screen feature films, documentaries on the Mother's life and works till Aug 29.
Among the movies are 'Mother Teresa' (by Ann and Jeanette Petrie), the most authentic documentary ever made on her with commentary by Sir Richard Attenborough and the three-hour feature film 'Mother Teresa' made by Lux Vide on Indian soil.
The internationally acclaimed biopic 'Mother Teresa and Her World' by Japanese filmmaker Shigeki Chiba - one of the earliest motion pictures ever made on the nun in 1979 - and Dominique Lapierre's feaure film 'In the Name of God's Poor' starring Charlie Chaplin's daughter Geraldine Chaplin as Mother Teresa will be among the chosen movies.
An interactive website containing a comprehensive list of all the programmes to be organised as part of the centenary celebrations, slated to continue through the year, will also be inaugurated Thursday.
A quiz show on the Mother will be hosted by Derek O Brian later this month, while a cultural programme will be organised at Rabindra Sadan in the second week of September.
Born Agnes Gonxha Bojaxhiu in Skopje, Macedonia Aug 26, 1910, Mother Teresa left her parental home at 18, and joined the Sisters of Loreto, an Irish community of nuns with missions in India.
She arrived in Kolkata in 1929. Years later, she took Indian citizenship and left the convent with the church's nod to serve the poor and the ailing.
She set up Missionaries of Charity in 1950 at 14, Creek Lane, but shifted to the Mother House in 1953 as her order expanded.
Mother was awarded the Nobel Peace prize in 1979 and given India's highest civilian honour, Bharat Ratna, in 1980 for her humanitarian work. The Missionaries of Charity now comprises over 4,500 sisters and is active in 133 countries.
It runs homes for people with HIV/AIDS, leprosy and tuberculosis. It also conducts children's and family counselling programmes and runs orphanages and schools.
Chidambaram assures restraint in Kashmir, warns against 'saffron terror'
Home Minister P. Chidambaram Wednesday cautioned against various forms of extremism, including 'saffron terrorism', and revealed that in Jammu and Kashmir the security forces had been 'instructed to act with great restraint'.Opening the annual police chiefs' conference here, the home minister also said Maoists have not given a credible response to the government's offer for talks and the fight against them would be a long drawn one.
Chidambaram mooted the idea of transferring central funds for modernising police forces directly to their chiefs instead of to the state governments.
'I wish to caution you that there is no let-up in attempts to radicalise young men and women in India,' Chidambaram said in his inaugural address to the 45th meet of the chiefs of state police and central paramilitary forces here.
Referring to Hindu extremist outfits, he said: 'There is this recently uncovered phenomena of saffron terrorism that has been implicated in many bomb blasts of the past.'
'My advice to you is that we must remain ever vigilant and continue to build at the central and state levels our capacity in counter-terrorism,' he said.
He observed that 'save for one incident, the last 21 months have been remarkably free of any terrorist attack. The attack on the German Bakery in Pune was indeed a blot. I sincerely hope that the suspects will be apprehended as soon as possible.'
Referring to the continuing turmoil in Jammu and Kashmir, Chidambaram said: 'We are concerned that we have not been able to stop the vicious cycle in which the state is caught. The security forces, however, have been instructed to act with great restraint.'
He said: 'I am afraid Jammu and Kashmir is now caught in a vicious cycle of stone pelting, lathicharge, teargassing and firing, leading to casualties and resulting in more stone pelting.'
'It is, however, my hope that in the next few days, we would be able to find that elusive starting point from where we could reach out to the protesters, reassure them of their rights and dignity, restore peace and order, redeem the promises made and restart the process of dialogue that will lead to a solution,' he said.
On the Maoist insurgency, he said the rebels had refused to respond directly to the central government's call to abjure violence and begin talks.
'We have called upon the Communist Party of India-Maoist to abjure violence and come for talks. I regret to say there has been no direct and credible response to our offers of talks,' he added.
'We made it clear (to the states in November 2009) that it would take several years before we are able to contain the CPI-Maoist and roll back their offensive,' said Chidambaram.
'I think the people of India understand -- even if the critics do not -- that the conflict will be a long drawn one, that patience is the key, that mistakes will be made and the security forces need material and moral support to carry out their tasks,' he said.
Mulling the transfer of police modernisation funds directly to the state police chiefs, bypassing state governments, Chidambaram said: 'Should we try to put in place a system for transfer of funds under the MPF (Modernisation of Police Forces) schemes directly to director general of police of the state?'
He mooted the idea exactly a month after various state chief ministers, at the 54th National Development Council (NDC) meet July 25, resented the central government's growing tendency to transfer funds directly to various agencies of the states, bypassing their legislatures.
'Is your state making the required 25 percent contribution to the MPF Scheme?' he asked the state police chiefs. 'Moreover, do you think, you have been delegated adequate financial powers to spend the money allocated to your departments?'
Chidambaram's remarks on 'saffron terrorism' drew prompt reactions from the Bharatiya Janata Party (BJP), which called it an attempt to divert attention from the government's failures.
BJP spokesperson Rajiv Pratap Rudy said: 'The government, led by Sonia Gandhi (United Progressive Alliance chairperson), Manmohan Singh (prime minister) and Chidambaram, has messed up on every front, whether it is international dialogue, disturbances in Kashmir, Leftwing extremism or the Commonwealth Games. They are now trying to divert the attention of the nation,' he alleged.
Stating that terrorism was not linked to any religion, the BJP accused the government of targeting Hindus.
Land acquisition amendment bill in next session, assures PM
Prime Minister Manmohan Singh Wednesday assured a delegation of Congress leaders from Uttar Pradesh, including Rahul Gandhi, that the government will make efforts to bring the Land Acquisition (Amendment) Bill and the Rehabilitation and Resettlement Bill in the next session of parliament.The delegation, which included farmers whose lands have been notified for acquisition for the Yamuna Expressway, told the prime minister that the present land acquisition act should be modified, Congress general secretary Digvijay Singh told reporters after the meeting.
Singh said that Bahujan Samaj Party (BSP) leader Mayawati's government in Uttar Pradesh was misusing the emergency provisions of the land acquisition act.
'If this continues, 20-25 percent of land in Uttar Pradesh will be acquired by the government,' he said.
Singh, who is Congress general secretary incharge of Uttar Pradesh, said that the Uttar Pradesh government was 'forcing one-sided agreements on farmers.'
He said that about 10 km area on both sides of Noida-Agra Yamuna Expressway had been notified by the government for acquisition.
Referring to the demand of farmers for land compensation on the pattern of rates paid in Greater Noida, he said 'state government was taking five times more money under the table than the amount of compensation paid to farmers.'
He said that land acquisition Act should be amended and Haryana's rehabilitation policy which has provisions for acquisition of land at market rates and an annuity for 33 years, should be sent to all states as a model legislation.
Digvijay Singh alleged that the Mayawati government had no regard for poor people whose livelihood depended on agricultural land.
Asked about the assurance from the Prime Minister, Singh said he had assured that the bills will be brought in the Parliament at the earliest.
On Trinamool Congress chief Mamata Banerjee's opposition to amendments in land acquisition Act, Singh said that the issue can be sorted out through discussions.
Chaudhary Manvir Singh Tevatia, a farmer from Bulandshahr, who was part of the delegation, told mediapersons that the Prime Minister had told them that the amended land policy will be brought in the next session of parliament so that exploitation of farmers stops.
The UP Congress leaders including state Congress chief Rita Bahuguna Koshi later met party president Sonia Gandhi to 'thank her for her intervention on the land acquisition bill.'
Singh has been apprising the party president of the developments in UP following the farmers' agitation for higher land compensation.
Earlier, interacting with reporters before the meeting with Manmohan Singh, Rahul Gandhi said land acquisition was 'a big and important issue'.
Gandhi had paid a surprise visit Saturday to Tappal village in Aligarh district, the epicentre of farmers' protests, and assured them that he would raise their concerns at appropriate forums.
Farmers have been protesting at Tappal for the last three weeks demanding a substantial enhancement in the compensation offered to them for their lands acquired to build the 165-km Noida-Agra Yamuna Expressway.
Two farmers and a police constable were killed when police opened fire on protesting farmers in the area Aug 14.
'What happened in Aligarh is very unfair,' Gandhi said.
The meeting of the Congress leaders came a day ahead of the proposed march to parliament by the Rashtriya Lok Dal and some other political parties in support of the farmers' demands and early passage of the land acquisition amendment bill.
The expressway, which is expected to reduce the driving time between New Delhi and Agra to about 90 minutes, will pass through Gautam Buddha Nagar (Noida), Aligarh, Mahamaya Nagar (Hathras) and Mathura districts. It involves acquisition of land in 115 villages.
The compensation amount was increased from Rs.449 per square metre to Rs.570 per square metre by the state government after the farmers launched their protest.
But the farmers refused to withdraw their agitation and demanded compensation at the rate of Rs.880 per square metre that was paid in Greater Noida.
The Relief and Rehabilitation Bill 2009 and Land Acquisition Amendment Bill, which were passed by the Lok Sabha in February 2009, lapsed as the term of the House came to an end.
The bills have faced resistance from the Trinamool Congress, an ally of the Congress in the United Progressive Alliance government.
57 killed in attacks on Iraqi police stations
Bomb blasts primarily targeting police stations in Iraq killed at least 57 people, including 28 security officials and two children, and injured nearly 200 people Wednesday.A member of parliament with the Iraqiya List, a party headed by former premier Iyad al-Allawi, called for an emergency session of parliament in response to the blasts.
'The explosions today represent a major crisis in regards to security,' Falah Hassan Zaidan al-Haybi told DPA.
He charged that the Iraqi government forces were not ready to take over security of the country, as US combat operations come to an end next week.
Iraq remains in a political deadlock since the March 7 elections failed to produce an outright winner and coalition talks are stalled. Al-Haybi said insurgents were taking advantage of the situation.
At least 20 policemen were killed and 90 injured in the city of Kut, some 170 km northeast of Baghdad, when a suicide bomber drove an explosives-laden car into a police station.
A car bomb exploded near a police station in the capital Baghdad, killing at least 11 and injuring more than 30 people. Witnesses said four policemen were among the dead. Three people were killed and 12 injured when a second car bomb exploded later in the Aden district, in the north of the capital.
Qais Shadha al-Jibouri, a member of the Iraqiya List, escaped an assassination attempt in eastern Baghdad but a guard was hurt in the attack, the party reported.
Seven people were killed and 25 injured in another car bombing at a market in Karbala, an official said. The blast occurred near a police station in the city, which lies some 110 km south of Baghdad.
In Fallujah, west of the capital, at least three people were killed in several bomb attacks.
A roadside bomb targeting a police patrol killed two children and injured several people outside the city and a second such attack later in the morning killed a soldier and injured 10 people.
Police in the area said an armed militant was killed while planting a bomb. Witnesses in the area said a suicide bomber had also struck later, though further details were unknown.
In Ramadi, a city also to the west of the capital, a car bomb killed three people, two of them policemen.
Police also came under attack in Tikrit in the northwest, where a police station was blown up in a car bombing. Several officers were injured in the attack.
Outside of the city, a police patrol came under attack by insurgents using guns and explosives. One insurgent was killed and several policemen injured in the attack.
In the northern city of Kirkuk, one person was killed and nine injured by a car bomb, police said.
A car bomb in Baquba, the capital of Diyala province, located some 57 km north-east of Baghdad, killed three and injured 18. A second explosion at the same spot injured another eight people.
Gunmen in Mosul, an ethnically diverse city 400 km north of Baghdad, killed an officer at a checkpoint and injured another police official. A bomb that went off near an army base injured two soldiers.
In Hilla, south of Baghdad, a Shiite shrine was attacked by a bomb, leaving one person injured.
US troops in Iraq have now fallen below 50,000, their lowest level since the 2003 invasion. Combat operations are officially set to conclude at the end of this month with all US combat soldiers having left the country last week.
Farmers' stage protests, burn vehicles in Agra
Thousands of farmers in Agra Wednesday staged a protest against the inadequate compensation offered for their acquired land by blocking traffic on the national highway and torching vehicles near Chalesar area, which has become the hotspot of protests for the last few days.The police had to open fire when the rampaging mob continued to pelt stone and refused to move back. No on was injured in the firing.
The district administrative and senior police officers including DIG Deepesh Juneja tried hard to persuade the agitating farmers to move back and accept the new compensation rates.
A roadways bus was burnt near the Kuberpur crossing, police said. The police-farmer exchange of stone-pelting continued for more than an hour. Traffic on the Firozabad road had to be diverted from Ram Bagh crossing towards Aligarh road.
Several cyclists carrying milk tanks were also attacked.
Trains were stopped in Aligarh and Mathura, according to BJP sources.
The bandh (shutdown), however, did not evoke the kind of response that was expected by the farmers lobby.
District authorities were particularly concerned about the safety of the Jaypee hotel which is to be marched upon by the farmers Thursday.
The struggle committee has also threatened to disrupt the programme of the Uttar Pradesh governor Aug 29.
'The whole Agra belt is in turmoil and the farmers seem hell bent on settling many scores with the state government this time. More importantly, the future of the Yamuna Expressway is in jeopardy, particularly in the Taj Trapezium Zone for which the project promoters are yet to get clearance from the Supreme Court,' activist Ravi Singh said.
The farmers are agitating against the inadequate compensation offered by the Mayawati government for their land acquired for building the 165 km Noida-Agra Yamuna Expressway.
Govt awards Rs 128 cr NH 24 widening project to UP PWD
he Road and Transport Ministry today said it has awarded a Rs 128 crore project for widening a 20 km stretch of the National Highway 24 from Uttar Pradesh border to Dasna to ease the traffic congestion, to UP PWD. The project is given to Uttar Pradesh Public Works Department (UP PWD) for completion within a year''s time, an official statement said. It includes six-laning of NH 24 from UP gate to Dasna in Uttar Pradesh, construction of five underpasses and widening of 23 existing culverts, it added.The project assumes significance in the wake of people residing in the locality specially from Indirapuram, Noida and Ghaziabad consistently demanding for the widening of the road as frequent traffic congestions take place here. Earlier the Ministry had said the improvement of the section is being taken up on the highest priority keeping in view high volume of traffic on the stretch.
Gayatri ready with Rs 5,151cr guarantee for Nellore power proj
Engineering firm Gayatri Projects today said it has raised Rs 5,151 crore in debt to provide a standby corporate guarantee for subsidiary Thermal Powertech Corporation India''s power project in Nellore, Andhra Pradesh. The amount was raised from various financial institutions and banks led by state-run Rural Electrification Corporation, it said.The corporate guarantee was aimed at helping the subsidiary establish a 1,320-MW coal-based thermal power plant in Nellore district of Andhra Pradesh, Gayatri Projects said in a filing to the Bombay Stock Exchange. Gayatri Project''s board of directors will consider and approve the proposal for providing the corporate guarantee to its subsidiary at a meeting on August 28, it said.
As per the sanctioned facilities under the power project, Gayatri Projects was required to provide a standby corporate guarantee for a period not exceeding one year till 75 per cent of the generation capacity of the project finds buyers, it said. Out of 75 per cent, around 30 per cent has already been tied up, while the remaining 45 per cent is expected to be tied up in the next couple of months, it said.
Though the company is providing a corporate guarantee to its wholly owned subsidiary for the entire debt limit, the drawal of debt will be around Rs 800 crore this year, it added. Shares of the company were quoted at Rs 407.65 on the BSE today, down 0.45 per cent from the previous close.
Bulletproof vests, helmets cleared by GAC to tackle Maoists
To tackle the Naxal menace effectively, Jharkhand police will purchase bulletproof jackets and helmets worth Rs seven crore. The Governor Advisory Council today sanctioned the amount for modernisation of the state police.Aditay Swaroop, the cabinet secretary of the state told the media the Governor Advisory Council today met under the chairmanship of the Governor, MOH Farooq and sanctioned the amount. The purchase details will be sent to the Union government for its reimbursement from Central funds, he said.
The state police has been facing an acute shortage of bulletproof jackets, helmets and other modern equipments in its fight against the leftist ultras, who have all sorts of modern weapons and gadgets with them.
Congress has given my ''supari'' to CBI, alleges Modi
Gujarat Chief Minister Narendra Modi tonight alleged that Congress has given his ''supari'' to CBI to politically finish him and stop the progress of the state. "Congress cannot digest the progress made by Gujarat and that is the reason they have given supari to CBI to finish Modi and stop the progress of state," he said at a function of Ahmedabad Municipal Corporation (AMC) here."I am confident that people of Gujarat will give a reply. Congress under former Prime Minister Indira Gandhi imposed emergency and people of Gujarat gave a befitting reply," Modi said.
"Congress leaders who are using the power of CBI, should understand that people of Gujarat will give a reply to them this time also," Modi said. "Nobody can stop Gujarat''s progress.
Common man wants peace and security. There has been peace in the last 10 years because of the efforts of the people and police of the state," Modi said.
"Due to the peace we have been able to make rapid progress. But some elements are trying to destabilise this peace," Modi said.
Modi also criticised the Central Government over reported corruption in the organisation of Common Wealth Games. "Corruption of crores of rupees have been done in the common wealth games, but those ruling in Delhi are not worried about it," Modi said.
Modi today inaugurated a sports complex, Ghodasar lake, pilot project of beautifying Kharicut Canal and expansion of Rukshamani Hospital. He said in the last five years the AMC has spent crore of rupees for improving the infrastructure of Ahmedabad.
Total money spent in Ahmedabad during the last five years is more than what was spent during the earlier 50 years by the AMC..
India wishes for settlement of issues between displaced Tamils and Sri Lankan Govt.: Krishna
External Affairs Minister S.M.Krishna on Wednesday said that India intends to see a settlement of all pending issues between the internally displaced Tamils of Sri Lanka and the Government of Sri Lanka.Krishna noted that Sri Lankan President Mahinda Rajapaksa, during his recent visit to New Delhi, and Prime Minister Manmohan Singh had talked about the need of developing 'a meaningful devolution package'.
"Our endeavour is to see that a just and fair settlement of all outstanding issues between the Sri Lankan Tamils and the Sri Lankan government will be arrived at, so that there is amity, peace and harmony amongst the people of Sri Lanka," said Krishna.
T. R. Baalu, a member of Dravida Munnetra Kazhagam (DMK) party, had raised questions in Parliament on the distribution of monetary aid sent to Sri Lanka for the Tamils living in camps.
In reference to the question, Krishna said: "We will continuously monitor the happenings on that (assistance and aid) front. I would like to reiterate that the assistance that is given by India is to the beneficiaries.
Let us not forget that we are dealing with a friendly government. Sri Lanka is a country friendly to India."
He also informed that the International Red Cross Society and the United Nations are jointly monitoring the aid.
Tamil Nadu state government had assisted Sri Lanka with 250,000 family packs, which were distributed to the displaced persons.
Mahinda Rajapaska was re-elected as President of Sri Lanka in January after he ended a 25-year-old bloody civil war by defeating the rebel Liberation Tigers of Tamil Eelam (LTTE).
India had earlier offered Sri Lanka 100 million dollars to enable the war refugees return home and help rebuild the country's ravaged north region. (ANI)
Opinions and Editorials
IN THE LOBBY
IE - 04:01 PMFresh irritants in the passage of the civil nuclear liability bill notwithstanding, the Left feels the US has brokered a deal between the Congress and the BJP on the proposed legislation.
View: Headlines Only | Include Summaries | Include Photos
- Beyond the mushroom cloud IE - 04:01 PM
- Japanese Foreign Minister Katsuya Okada was in Delhi last week for the fourth round of the India-Japan strategic dialogue, and made it clear that negotiations on civilian nuclear cooperation are going to be rather difficult.
- FLOOD RELIEF IE - 04:01 PM
- The unfortunate reaction of the Indian chattering classes to the unprecedented floods in Pakistan has ranged from "let them stew in their own juice" to arguments like "they are inflating the figures" of the affected population in order to get more international funds.
- Quantum leap back IE - 04:01 PM
- An overstretched debate on the civil nuclear liability bill has led to a rather bizarre situation, where the nuclear operator — to protect whose rights the opposition has gone to every extent — has come out in the open to not thank them for their efforts but to, in fact, decry them.
- Digging for facts IE - 04:00 PM
- The environment ministry has come down against Vedanta's bauxite project in the Niyamgiri hills of Orissa.
- 'We are the churning crucible of human civilisation' IE - 04:00 PM
- I am excited at the prospects of this (Nalanda) University being established, not in terms of settling scores of the past in history, but in terms of trying to revive the glory that once was of Nalanda, which is very important, and not in terms of saying that so and so did such and such wrongs, and therefore, I am doing this to correct the wrongs of history.
- Degree of separation IE - 04:00 PM
- Lalu Prasad was sufficiently enraged by the proposed salary hike for MPs to defy his insistence on political positioning.
- A PPP ticket to ride IE - 04:00 PM
- Efficient and affordable public transport is a crying need for the cities of India today. Of the 5100-plus cities and towns, over one-third do not even have a public bus transport service.
- 'Rajiv was different from other Cong leaders. He went beyond his party line on the Assam Accord' IE - Tue, Aug 24
- I am at New Delhi's Assam Bhavan on Rajiv Gandhi's birth anniversary. My guest today is somebody who is a political adversary of Rajiv Gandhi's party but remembers him fondly for a very special reason. Prafulla Mahanta, this is also the 25th anniversary of the Assam Peace Accord that you signed with Rajiv Gandhi. Take us back 25 years.
- Free the captives IE - Tue, Aug 24
- The government has initiated policy changes that would force steel manufacturers to hive off their captive iron ore mining business as separate enterprises.
- Navi Mumbai, New Mumbai IE - Tue, Aug 24
- It is increasingly axiomatic that Mumbai desperately needs a second airport. The proposed Navi Mumbai project will be a world-class gateway airport of global standards in a safe and secure environment. The existing one is fast reaching breaking point. And there is limited room for expansion at the current location: it is, for example, nearly impossible to construct a second parallel runway.
- Adopted by all IE - Tue, Aug 24
- In some of the debate that erupted during passage of the women's reservation bill in Rajya Sabha earlier this year, many political parties got — in fact, earned — some bad press for gender insensitivity.
- Trade and balance IE - Tue, Aug 24
- The government's annual supplement to the trade policy for 2009-14, released on Monday, extended sops worth just over Rs 1,000 crore to exporters, particularly in labour-intensive sectors like textiles, handicrafts leather goods and toys.
- Front for Left IE - Tue, Aug 24
- The first few years of the Vajpayee-led National Democratic Alliance government saw India climb back to the higher growth path it had stumbled off in the late '90s; it seemed committed to deregulation and openness, friendly to the private sector — selling itself as a party of the urban middle class.
- Casting the caste net IE - Mon, Aug 23
- The group of ministers led by Pranab Mukherjee has approved the collection of caste information in Census 2011. Although Muslims are considered a caste-less community, it is diverse and practically all sections are experiencing deep levels of deprivation in various social, educational and economic facets.
- Neither win, loss, nor draw IE - Mon, Aug 23
- On 21 August when my wife and I voted in the Australian federal elections for the first time as citizens, we hoped to make a difference, and we did.
- A thousand cities IE - Mon, Aug 23
- India will urbanise, whether we will it or not, whether we plan for it or not. Updating urban infrastructure to meet the stream of migrants is at least on the policy horizon now, even if not implemented everywhere. Perhaps in due course, political pressure for similar efforts will begin to work in smaller cities as well.
- Hanging together IE - Mon, Aug 23
- In the spate of elections across the globe throwing up hung legislatures or minority governments, it is easily forgotten that hung parliaments and coalition governments (without any causal relation between them) characterised electoral democracies in the early 20th century.
- Let the Sheikh try IE - Mon, Aug 23
- Having written about the Hazratbal crisis in Kashmir in December 1963-January 1964, when the entire Valley seemed to be "hanging by a hair" (IE, August 9), it is necessary to carry the story forward to the phenomenal upheaval's hugely important follow-up.
- Bill of passage IE - Mon, Aug 23
- Congress General Secretary Rahul Gandhi waded into the vexed politics of land acquisition over the weekend by expressing solidarity with a group of Aligarh farmers who are demanding higher compensation for land acquired from them to construct the Yamuna Expressway and townships.
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Wednesday August 25, 05:40 PM | * |
State firms won't rival Vedanta's Cairn bid - source
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Click to enlarge photo |
By Nidhi Verma
NEW DELHI (Reuters) - State-run Oil and Natural Gas Corp (ONGC (ONGC.NS : 1276.6 +4GAIL.NS : 448.2 -7.2
"There is no chance for a counterbid by Indian firms as the valuation done by Vedanta for Cairn India is already very high," the official said on Wednesday. He declined to be named as he was not authorized to speak publicly.
Last week, India-focused miner Vedanta said it agreed to spend up to $9.6 billion to buy a majority stake in Cairn India from its UK-based parent Cairn Energy.
Previously, an oil ministry source had said all options were open for Indian state-run firms on Cairn India and domestic media reported the firms had held informal talks on a joint bid.
ONGC, Oil India and GAIL declined comment on Wednesday.
Some analysts said the official's comments did not necessarily mean Vedanta had a clear shot at the deal.
"The threat of a counterbid seems to have reduced, but I think the market will be satisfied only if they (the government) come straight out and say it publicly," said Deepak Pareek, sector analyst with Angel Broking.
"There is still speculation on this despite what the sources are saying," he said. "But I think the government will weigh whether the $10 billion or so needed for the counterbid cannot be better utilised in securing India's energy security by buying assets globally," Pareek said.
(For SCENARIOS: Vedanta's Cairn India bid, click http://in.reuters.com/article/idINIndia-51028520100824)
GOVERNMENT APPROVAL
The deal needs Indian government approval because Cairn India has production-sharing contracts (PSCs) with the government for oil and gas exploration blocks and the agreement says any ownership change would need federal approval.
By 0940 GMT, Cairn India shares were down 3 percent on the Bombay Stock Exchange (^BSESN : 18179.64 -131.95
Approval from state-run explorer ONGC, which has a 30 percent stake in Cairn India's oil block called RJ-ON-90/1 in the western Indian state of Rajasthan, is also crucial for any change of ownership.
India's trade minister said on Tuesday Oil and Natural Gas Corp should have a say in the deal.
Vedanta, in its first move into the energy sector, is buying a controlling stake in India's No. 4 oil and gas company from Cairn Energy to capitalise on rising energy demand, economic growth and an expanding population.
On Tuesday, the Indian government rejected a plan by Vedanta to mine bauxite in an eastern state over environmental concerns, a blow to the firm already facing hurdles to its planned energy deal in the country.
Cairn Energy Chairman Bill Gammell arrived in New Delhi last week and held talks with Indian officials on the acquisition.
Vedanta has offered 405 rupees a share for between 40 and 51 percent of Cairn India. The final stake bought would depend on the response to an open offer for a 20 percent stake made to minority shareholders at 355 rupees a share. That offer opens on Oct. 11.
(Writing by Jui Chakravorty; Editing by Surojit Gupta and David Holmes)
(For more business news visit Reuters India)
Wednesday August 25, 08:30 PM | * |
Lok Sabha approves nuclear bill
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Click to enlarge photo |
By Nigam Prusty and C.J. Kuncheria
NEW DELHI (Reuters) - The Lok Sabha on Wednesday approved of a landmark bill to open up the country's $150 billion nuclear power market, after the government agreed to tougher provisions that an industry group said would hamper the sector's growth.
The bill is needed for the entry of firms such as U.S.-based General Electric and Westinghouse Electric, a subsidiary of Japan's Toshiba Corp, who are reluctant to step in without clarity on accident compensation.
The bill was initially opposed by the opposition Bharatiya Janata Party as inadequate in terms of accident compensation and too soft on private firms. But the party came around after the Congress party-led coalition agreed to several amendments.
The BJP's support was key in enacting the legislation as the ruling coalition has only a narrow majority in the lower house and does not control the upper house.
(For Q+A on the bill, click http://in.reuters.com/article/idINIndia-51059820100825)
The see-saw negotiations are emblematic of India's fractured polity, and highlight the challenges ahead for the government, which is involved in tortuous negotiations on other key financial reform proposals with opposition and allies.
The passage of the bill is a personal victory for Prime Minister Manmohan Singh, whose 2008 deal with the United States ended India's long isolation in the global nuclear market, and will bind the two nations in closer economic and strategic ties.
The opening up of the sector will facilitate also the building of nuclear plants and boost generating capacity in a country where power deficits have dragged on economic activity.
Singh, who as finance minister in 1991 opened up the closed economy and is credited for the current levels of rapid economic growth, said his latest initiative would be judged in a similar light by history.
"It is with this very motivation that our government has tried to complete towards the ending of the regime of nuclear apartheid," a confident Singh told parliament during the debate as he rejected claims the bill suited U.S. interests.
"To say that we have in anyway compromised with India's national interest would be a travesty of facts."
INDUSTRY CONCERNS
The bill will now be sent to the upper house, and following ratification there, to the president to be signed into law.
Since it was first introduced in parliament in April, government has given in several times to opposition demands on the provisions, trebling the compensation cap in case of an accident and extending liability to suppliers.
The five-hour debate over the bill saw the house rejecting by 252 to 25 an amendment sponsored by the left parties, which would have set no limit on the compensation that could be claimed in the case of an accident.
The amended bill will make it easier to extend liability claims to suppliers in case of a nuclear accident, removing a clause that would have permitted such claims only if there was proof of wilful intent to cause damage.
The Confederation of Indian Industry, a business lobby, said the bill would keep away domestic and foreign suppliers.
"Globally, there is no insurance coverage available for suppliers in the nuclear business," CII wrote in a letter to the government, which was released to the press on Wednesday.
"This will stall the growth of the nuclear manufacturing industry in India and be a setback for the government's plan to indigenise maximum supplies for the foreign technology plants."
(Editing by Krittivas Mukherjee and Alex Richardson)
Energy Sector News
Energy*
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- Adani to invest in $1.6 bln Indonesian railway project
- - Reuters - Wed 25 Aug, 03:40 PM
- Oil rebounds above $72 on inventory drop
- - Reuters - Wed 25 Aug, 03:20 PM
- Govt rejects Vedanta's Orissa mining plan on green worries
- - Reuters - Tue 24 Aug, 08:10 PM
- INTERVIEW - UK offshore rules may change after Gulf oil spill
- - Reuters - Tue 24 Aug, 07:00 PM
- Oil falls to $72 a barrel, lowest since July 7
- - Reuters - Tue 24 Aug, 06:20 PM
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"There is no let up in the attempts to radicalise young men and women in India. Besides, there is the recently uncovered phenomenon of saffron terrorism that has been implicated in many bomb blasts of the past. My advice to you is that we must remain ever vigilant and continue to build, at the Central and State levels, our capacity in counter-terrorism," he told top police and security officers. more by P Chidambaram - 11 hours ago - The Hindu (51 occurrences) |
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25 Aug, 2010, 12.15AM IST, Nageshwar Patnaik,ET Bureau
Vedanta may get alternative site for bauxite mining in Orissa
BHUBANESWAR: Tuesday will go down as one of the worst days for Naveen Patnaik, who has been the chief minister of Orissa for close to a decade. The Union ministry for environment & forests on Tuesday scrapped Orissa Mining Corporation's(OMC) bauxite mining proposal in the Niyamgiri hills in the backward Kalahandi district of Orissa.The jolt came when Mr Patnaik was flying back to the state capital. A visibly distraught Orissa CM told ET: "I met the prime minister and discussed Posco and Polavaram on Monday. I also discussed the Posco and Vedanta issues with the Union environment & forest minister Jairam Ramesh. Our environment and forest secretary was supposed to meet him on Tuesday. But I understand the Union minister has rejected the State II clearance to Vedanta. Appropriate steps will be taken after examining the report."
Later, after an urgent strategy meeting with top officials, Mr Patnaik is understood to have chalked out a strategy to bail out Vedanta by allocating an alternate source of bauxite in the state to its alumina refinery, top sources in the state government revealed. Mukesh Kumar, chief operating officer of Vedanta Aluminium, denied any violation of environmental laws at Lanjigarh. "The company had made no regulatory violations of any kind at the Lanjigarh alumina refinery and clarified that no mining activity would be undertaken till all approvals were in place".
"We reiterate that there have been no regulatory violations of any kind at the Lanjigarh Alumina refinery. We are not in possession of Niyamgiri mine and no mining activity has been or will be undertaken till all approvals are in place," Dr Kumar told ET.
In October 2004, the state government had signed a memorandum of understanding (MoU) with Vedanta for setting up an integrated alumina and aluminium complex along with an associated captive power plant in Orissa. This MoU also included supplying 150 million tonne of bauxite for Vedanta's alumina refinery at Lanjigarh.
Towards this end, the government of Orissa identified Niyamgiri mine as the initial source of bauxite supply to the extent of 78 million tonne. OMC, which holds the lease of Niyamgiri mines, applied for all approvals to commence mining from Niyamgiri. The Supreme Court had directed the Union government to grant the mining approval in August 2008.
Vedanta has invested around Rs 4,000 crore in its aluminium projects in Orissa. Around 10,000 people are employed at the Lanjigarh alumina refinery plant. Vedanta is currently operating its alumina refinery by outsourcing bauxite and wants the state government to provide an alternative supply of bauxite.
25 Aug, 2010, 02.16AM IST,ET Bureau
Cairn turns to Centre for Vedanta entry pass
MUMBAI | DELHI: Cairn Energy, on Tuesday said it would seek the central government's support for its attempt to exit India by selling a majority stake in its Indian arm to Vedanta Resources in the wake of hostile signals from the petroleum ministry. The Edinburg-headquartered company, however, stopped short of clearly spelling out whether it needed the approval of the Indian government."We will seek the government of India's endorsement and any necessary consent," chief executive Bill Gammell said in a conference call after announcing his company's earnings in London on Tuesday. "We will continue to work closely with the Indian government, with whom we have built an enduring partnership, throughout this process," he added.
The London-listed Vedanta Resources on August 16 had offered to buy up to 60% in Cairn India for $9.6 billion, sparking objections from sections of the government that are seemingly reluctant to part with a profitable oil producing asset to the Anil Agarwal-owned Vedanta.
Although Vedanta has said nothing on the record, people close to the company and its advisors have said they believe that no government approval was needed as the oil blocks in question were awarded to Cairn India, before the New Exploration Licensing Policy was announced. There was no need for government permission for a change in ownership of blocks in the regime previous to the New Exploration Licensing Policy (Nelp), they pointed.
The government has stoutly contested this stance, with some sections suggesting a counter bid by state-owned ONGC, Cairn India's partner in the oil blocks, to derail the transaction between Vedanta and Cairn Energy. These sections in the government say that some oil blocks had been awarded to Cairn India under the Nelp, where the government's nod is certainly needed. An official with KPMG, a consultancy, said that in India the practical reality was that the government needed to "bless" the deal.
19 Aug, 2010, 04.33AM IST,ET Bureau
Vedanta's challenge to RIL's dominance
MUMBAI: Anil Agarwal's decision to explore and refine oil — and produce power — may pit the 56-year-old chairman of Vedanta Resources against Reliance Industries, making it the first significant domestic challenge to Mukesh Ambani's dominance.Ambani and Agarwal are two sides of the entrepreneurship coin — successful in their chosen fields of petroleum and metals, but hardly compete against each other. A few years from now, they will, if Vedanta has its way in buying a controlling stake in Cairn India.
"With the entry of an aggressive company like Vedanta, that has the ability to scale up businesses fast, competitiveness in the oil and gas sector would also rise," says Arvind Mahajan, executive director at consulting and auditing firm KPMG. Agarwal may have staged a coup in agreeing to buy a 60% stake in Cairn India for Rs 44,800 crore, or $9.6 billion, the asset on which the Ambanis are believed to have set their sights on nearly a decade ago, but the battle has just begun.
The two business houses may compete head-on in bids for oil & gas blocks whenever they are auctioned, power projects that the government invites bids for, and refining, if Vedanta sets up one to extract the best out of the latest deal.
Reliance now says it is not interested in Cairn India and it is unlikely to bid for oil blocks for the next few years as it invests over $7 billion in shale gas ventures in the US. But the ultra mega power projects and a refinery by Vedanta could become the potential trouble spots. "RIL and Vedanta will complement each other due to the scarcity in power and hydrocarbon sectors in India," said investment adviser SP Tulsian. "But if Vedanta forays into refining, it can lead to conflict."
Reliance has a history of dominating businesses with monstrous capacities in any field it ventures into, including refining and petrochemicals. Its scale of operations leads to such economies that most other businesses become unviable as they struggle to match RIL's prices. Today, it is the nation's biggest refiner and petrochemical maker, from starting as a textile firm four decades ago. Agarwal, who built a scrap trading business into the nation's largest metals company, is neither fish nor fowl.
"They (Reliance) will continue to be the largest player," said Agarwal in an interview to ET. "But, at the same time, there is enough water in the sea for other players to also do business." Reliance declined to comment for ET's special feature story. Whether the potential battle turns out to be one between David and Goliath, or a Waterloo for Vedanta, remains to be seen.
19 Aug, 2010, 06.30AM IST, MV Ramsurya, Soma Banerjee, M Sabarinath & Kausik Datta,ET Bureau
Anil Agarwal sets foot on Mukesh Ambani's turf
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Anil Agarwal makes far too many enemies. Far too often. In 2001, it was striking PSU workers who would not allow him to enter the premises of Balco, a PSU he had just acquired. That year, SEBI also barred his Sterlite Industries from the markets for manipulation of share prices. Later, he angered investors, who shot down two of his proposals: to delist Sterlite Industries and an elaborately complex exercise to restructure his Vedanta group.
More recently, villagers from Niyamgiri Hills in Orissa ambushed the London shareholders' meeting of holding company Vedanta Resources. (The group proposes to mine bauxite there for its alumina refinery in Niyamgiri.) Environmental activists likened Vedanta to the greedy multinational in the blockbuster film Avatar.
Shareholders, regulator, government, workers, tribals, business leaders, politicians — the 56-year-old chairman of the Vedanta group has rumbled with them all. And, as a senior official from the Aditya Birla group admits, Agarwal is one tough adversary. He would know. The Birla clan has lost a few skirmishes with Vedanta, including a bidding war for Hindustan Zinc.
But with his $9.6 billion offer to acquire a controlling stake in Cairn India, Agarwal may have acquired a new rival who could make all his earlier skirmishes seem like school-boy brawls. With his entry into oil and gas exploration, Agarwal has set foot into Mukesh Ambani's turf.
Agarwal knows Ambani, but only as an inspiration. Never as an adversary. "He has always looked up to the Reliance group for its ability to execute projects fast and cost effectively," says a former Vedanta executive who now works for a rival business house. He recalls an instance in 2006-07, when Agarwal asked managers working on projects at Balco to learn from Reliance.
Agarwal's relationship with the Ambani family dates back to more than a decade. When a religious discourse session by spiritual guru Rameshbhai Oza was organised at Ambani residence Seawind in 1998, Agarwal was among the special invitees, according to a person who attended the session. "Around 200 people came for the poolside function. Murli Deora and Anil Agarwal were among the special invitees," says the person.
Even with Cairn, Agarwal has tried his very best not to displease Ambani. People familiar with the proposed transaction say Agarwal moved in on Cairn only after ensuring Mukesh was not interested in it. Again, in his first comments soon after announcing the Cairn deal, Agarwal acknowledged Reliance's alpha-male status in the sector. "They (Reliance) will continue to be the largest player. But, at the same time, there is enough water in the sea for other players to also do business," he said. Clearly, Mukesh is one rival that even Agarwal wouldn't want.
Reliance has maintained a studied silence so far. An email sent to the company asking for its views on Vedanta's entry into oil and gas was unanswered. But the oil ministry went into overdrive — a flurry of voices began emanating, questioning various aspects of the deal. Agarwal has no experience in oil and gas. Should he be allowed to take control of Cairn India? Doesn't ONGC — the licencee of Cairn India's Rajasthan's exploration block and 30% equity holder — have the first right of refusal? Shouldn't ONGC make a counter bid?
Lastly, oil ministry officials raised "security concerns' soon after Cairn India's sale to Vedanta was announced. But, two days later, officials in the PMO and the home ministry denied any such concerns.
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil--gas/Anil-Agarwal-sets-foot-on-Mukesh-Ambanis-turf/articleshow/6334273.cms25 Aug, 2010, 06.14PM IST,REUTERS
Nuclear bill set for OK with opposition backing
NEW DELHI: BJP agreed on Wednesday to back a bill to open up the country's $150 billion nuclear power market after the government agreed to tougher provisions which an industry group said would hamper the sector's growth.The bill is crucial for the entry of firms like US-based General Electric and Westinghouse Electric, a subsidiary of Japan's Toshiba Corp, who are reluctant to step in without clarity on accident compensation.
The amended bill will make it easier to extend liability claims to suppliers in case of a nuclear accident, removing a clause that would have permitted such claims only if there was proof of wilful intent to cause damage.
The lower house of parliament is currently discussing the bill and support from the opposition Bharatiya Janata Party (BJP) means its passage appears almost certain.
"We're happy that the government has incorporated all the suggestions of the BJP," Rajiv Pratap Rudy, a senior leader of the BJP, told reporters.
The BJP had reneged on a promise to back the bill, saying the provision on intent would make it difficult to extract compensation from suppliers, forcing the Congress party-led coalition government to remove it from the bill.
The business lobby, Confederation of Indian Industry, said the bill would keep away domestic and foreign suppliers.
"Globally, there is no insurance coverage available for suppliers in the nuclear business," CII wrote in a letter to the government, which was released to the press on Wednesday.
"This will stall the growth of the nuclear manufacturing industry in India and be a setback for the government's plan to indigenise maximum supplies for the foreign technology plants."
5 Aug, 2010, 02.39PM IST,ET Bureau & Agencies
PSUs not to make counter bid for Cairn India: Report
NEW DELHI: State-run energy firms Oil and Natural Gas Corp, GAIL India and Oil India will not counter Vedanta Resources' bid for a stake in Cairn India, a top official in the Indian Oil Ministry told Reuters on Wednesday."There is no chance for a counter bid by Indian firms as the valuation done by Vedanta for Cairn India is already very high," the person said, declining to be identified.
Cairn Energy, on Tuesday said it would seek the central government's support for its attempt to exit India by selling a majority stake in its Indian arm to Vedanta Resources in the wake of hostile signals from the petroleum ministry. The Edinburg-headquartered company, however, stopped short of clearly spelling out whether it needed the approval of the Indian government.
"We will seek the government of India's endorsement and any necessary consent," chief executive Bill Gammell said in a conference call after announcing his company's earnings in London on Tuesday. "We will continue to work closely with the Indian government, with whom we have built an enduring partnership, throughout this process," he added.
The London-listed Vedanta Resources on August 16 had offered to buy up to 60% in Cairn India for $9.6 billion, sparking objections from sections of the government that are seemingly reluctant to part with a profitable oil producing asset to the Anil Agarwal-owned Vedanta.
Although Vedanta has said nothing on the record, people close to the company and its advisors have said they believe that no government approval was needed as the oil blocks in question were awarded to Cairn India, before the New Exploration Licensing Policy was announced. There was no need for government permission for a change in ownership of blocks in the regime previous to the New Exploration Licensing Policy (Nelp), they pointed.
The government has stoutly contested this stance, with some sections suggesting a counter bid by state-owned ONGC, Cairn India's partner in the oil blocks, to derail the transaction between Vedanta and Cairn Energy. These sections in the government say that some oil blocks had been awarded to Cairn India under the Nelp, where the government's nod is certainly needed. An official with KPMG, a consultancy, said that in India the practical reality was that the government needed to "bless" the deal.
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24 Aug, 2010, 05.29AM IST,ET Bureau
Centre ups ante on Cairn buyout
MUMBAI | NEW DELHI: Vedanta Resources' plan to buy control of oil and gas explorer Cairn India for $9.6 bn may be headed towards a legal and takeover battle, with the government insisting on its approval for the transaction and ostensibly prodding companies owned by it to launch a counter-bid.Late on Monday evening, media reports said, citing sources, that Oil & Natural Gas Corp (ONGC) & gas transmission company Gail could team up to launch a counter-bid for Cairn India. Some agnecies reported that ONGC, Oil India and Gail may make a joint counter-bid for a majority stake in Cairn India, valued at $8.48 bn. ET was not able to confirm this story.
The deal, the biggest takeover in the country this year, may drag on if the government and Vedanta decide to battle it out in the courts over the state's locus standi on the deal, leaving shareholders guessing about the outcome.
Blocking the deal by invoking a clause in an agreement between the company and government may also cause unease among global investors who have had bitter experiences in Russia and Venezuela, where the state forced ownership changes in the oil sector.
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Latest news Links about Niyamgiri
24 August 2010
Niyamgiri is finally free of the threat of Vedanta's mining :)
12th April 2010
Vedanta's plan mired in charges of ecological sins: Economic Times
17th March 2010
Economic Times Editorial: Stop the Vedanta Project in Orissa
15th March, 2010
Link to the MoEF Report (by Usha Ramanathan) on Vedanta's violations
13th March, 2010
Vedanta infringed clearance guidelines
Miner Vedanta flouting Indian rules: minister
Green norms violated at Niyamgiri Hills: Environment Min team
Educated youths to be involved in implementation of Forest Rights Act
Vedanta flouted forest conservation norms, says report
Feb 9th, 2010
Orissa tribals suffer human rights violations by Vedanta: Amnesty
Niyamgiri, the Sacred Mountain of the Dongaria Kondhs
Videos on Vedanta and Niyamgiri
India's Government must stop dangerous mining in NIyamgiri: A video by Amnesty
The Real Face of Vedanta
The Kondhs of Orissa
The Dongria Kondh fight to save Niyamgir...
ActionAid supports the rights of Dongari...
Miners want no Public Hearing
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Niyamgiri Hill is located in the Lanjigarh block of Kalahandi district. It is a scheduled V area, and is inhabited by Dongaria Kondhs, a primitive tribal group. Niyamgiri hills belong to the Eastern Ghats, and in-situ reserves of metallurgical grade bauxite have been reported from this area. More than 75% of the Niyamgiri hills' landmass is covered with dense forests and it is one of the biodiversity hotspots of Eastern Ghats. The northernmost hill of this hill country is proposed to be mined by Vedanta Alumina Ltd. who is also setting up an alumina refinery at the bottom of the hill by displacing local Kondh tribals. The proposed mining and refinery has led to local resistance as well as opposition by environmentalists. A case against the Vedanta Alumina Ltd. was filed in the Supreme Court, where the petitioners have indicated that massive irregularities have taken place in the proposed project, specially on the environmental aspects. The Central Empowered Committee of the Supreme Court recommended strongly that the Niyamgiri shouldn't be allowed to be mined on environmental and biodiversity grounds. Unfortunately, the Supreme Court overruled the recommendations of its own Central Empowered Committee and decided to allow Vedanta to carry out mining on Niyamgiri. At present, Vedanta is awaiting the final clearance for mining the Niyamgiri from Ministry of Environment and Forests, Government of India. Meanwhile on ground the local tribals, including the Dongaria Kondhs have vowed to oppose the mining of Niyamgiri at all costs. The Dram continues, and as of March 2010, Vedanta hasn't been able to start mining on Niyamgiri. Recently, a committee of the Ministry of Environment and Forest, Government of India have submitted detailed reports documenting violation of environmental and forest laws by Vedanta.
- Reports and Information on Niyamgiri and Vedanta
- STUDY ON IMPACT OF PROPOSED LANJIGARH BAUXITE MINING ON BIODIVERSITY INCLUDING WILDLIFE AND ITS HABITAT by Wildlife Institute of India, Dehradun
- Brief Report on Niyamgiri Hill in context of proposed mining by Vedanta (pdf)
- Vedanta Ravages through India(pdf)
- Double death: Aluminium's links with Genocide - An articlc by Felix Padel and Samarandra Das
- Vedanta case: The Report of the Fact Finding Team deputed by the Central Empowered Commiittee, Supreme Court
- Vedanta Case: Report Submitted by the Central Empowered Committee to the Supreme Court
- Vedanta Case: Interim Order of the Supreme Court on the basis of the CEC Report.
More Reports on Niyamgiri
- Appeal to the Supreme Court of India to protect Niyamgiri by Friends of Earth, Finland
- Appeal to the SC by Kalpavrisksh to protect Niyamgiri
- The Latest Judgement of the Supreme Court on Niyamgiri on Nov 23, 2007
- Biodiversity of Niyamgiri hill range, Orissa by Chiranjibi Pattanaik and C. Sudhakar Reddy
- MoEF's "Note on Bauxite Mining in Orissa: Report on Flora, Fauna, and impact on Tribal population" submitted to the Supreme Court in the Vedanta Case
- Vedanta Cares? Busting the Myths about Vedanta's operation in Lanjigarh, India - A report by Action Aid International
- Vedanta's Aluminum refinery project and Bauxite mining project on Niyamgiri: Environmental and Social Costs vis-s-vis benefits to Orissa and its people
- Mine? What Mine? Ah, Yes, the mine. Article by Kanchi Kohli on Vedanta and Niyamgiri
- STUDY ON IMPACT OF PROPOSED LANJIGARH BAUXITE MINING ON BIODIVERSITY INCLUDING WILDLIFE AND ITS HABITAT by Wildlife Institute of India, Dehradun
- ANTHROPOLOGY OF A GENOCIDE:TRIBAL MOVEMENTS IN CENTRAL INDIA AGAINST OVER-INDUSTRIALISATION: By Felix Padel and Samarendra Das
- Additional Reports and Information on Niyamgiri
- Dongaria Kondh Rally at Bhubaneswar
- Update March 2006
Dongaria Kondh Rally at Bhubaneswar
Update March 2006
Though the Central Empowered Committee has submitted a very strong recommendation in its report to the Supreme Court including the following:
- Mining of bauxite shouldn't be permitted on the Niyamgiri Hill
- The environmental clearance for the alumina refinery should be withdrawn till alternate site for bauxite mining is found
the Supreme Court in an interim order dated 3rd February, 2006 has more or less ignored CEC recommendations and hasn't even considered the recommendation for providing a stay on the further construction of the refinery. The order has asked the MOEF to conduct further studies on the feasibility of the mining of Niyamgiri Mountain and to submit the same to the Forest Advisory Committee of the MOEF within three months. The matter is to be listed again in four months.
This is obviously been seen as a victory by Vedanta which has accelrated its pace of construction of the refinery. It seems that they are very confident of getting clearance for the bauxite mining from Niyamgiri by the time the construction of the refinery is completed. What is the basis of this confidence is the moot question? However, thousands of workers are busy around the clock building the refinery. The impact of this influx and the sudden flow of money to the area has led to difficult social consequences with large number of liquor vends coming up in this tribal area and instances of drunkenness increasing manifolds.
http://www.epgorissa.org/niyamgiriandvedanta.htm
25 Aug, 2010, 05.18AM IST, Jaideep Mishra,ET Bureau
Ecological sense in Niyamgiri
Environments are not just containers, but are processes that change the content totally, noted the savant who mused about communication mediums, messages and the global village. That was then, in the halcyon days of the sixties, and well before the phrase sustainable development had been coined.Fast forward to the here and now, and the decision of the ministry of environment and forests to disallow bauxite mining in Niyamgiri hills in Kalahandi district, Orissa, is clearly spot on. Niyamgiri is considered most sacred by the local Kondh adivasi population, and intensive mining activity would have been wholly alienating.
And apart from being socially devastating by forcefully removing its sense of mystery and lingering myths, mining on Niyamgiri would have also caused huge environmental and ecological damage in what is a fragile ecosystem.
Besides, there are plenty of proven bauxite reserves available elsewhere in the state, in adjoining districts and perhaps further afield in Kalahandi, with requisite prospecting. At a broader level, the idea that income growth can be positively beneficial for the environment needs to be qualified and nuanced.
Back in the path-breaking 1990s, the policy pundits did begin to take note of the growing empirical evidence that willy-nilly suggested that rising income levels could be 'good rather than bad' for the benefit of the environment. The evidence seemed to rubbish the notion of opposing growth on environmental grounds.
However, the reasoning that income growth by itself will be good for the environment also appears to be questionable and cannot really be taken at face value. For instance, a causal relationship between income and environmental quality cannot often be shown as correlated. Further, cultural factors may actually hamper and negate the income effects.
Although, going forward, it is plausible to assume that with proactive policy and rising incomes, better governance, more effective regulation and the steady diffusion of technological change all do tend to generally boost environmental protection on the ground.
Around Niyamgiri, for example, it would make better sense to rev up incomes by way of eco-tourism , cultivation of medicinal plants and arranging for boutique, leisure holidays in the lap of nature, for sustainable development . The environmental Kuznets curve, which shows that degradation at first increasing and then decreasing with rising incomes need not to be taken as inevitable, or verily accepted as a foregone conclusion.
In select habitats and regions, it should be eminently possible to chalk out plans for long-term income generation via better social indices, scope for profit earning and the like, sans large-scale physical damage to the environment. It is true that two years ago, the Supreme Court did give its conditional goahead for mining on Niyamgiri, and called for sustainable development, which cannot be faulted as a matter of principle.
However, the assumption that sacred space can be leveraged for guaranteed income streams — note that apex court ruling mandated 5% profit share complete with a floor level of annual welfare spend — may not be acceptable in practice.
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Anil Agarwal - Chairman of Vedanta Resources
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Anil Agarwal, Chairman and founder of Vedanta Resources, has worked his way up from scrap-metal dealer to billionaire with a home in London's Mayfair and ...
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Anil Agarwal: CEO, Sterlite Industries, First Generation Entreprenuers
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ANIL AGARWAL Executive Chairman Mr Agarwal, who founded the Group in 1976, is also Chairman of Sterlite and is a Director of BALCO, HZL, and Vedanta Alumina ...
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25 Aug 2010 ... On the web site of London-based industrialist Anil Agarwal's minerals-to-mining group, there is a telling slogan:
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'Don't be too smart, looking foolish is OK'
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16 Feb 2005 ... Now, 51-year-old Anil Agarwal, founder and chief executive officer of Vedanta Resources Plc, does not make any fuss about eating at ...
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Mukesh Ambani - Wikipedia, the free encyclopedia
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Mukesh Ambani (born on 19 April 1957) is an Indian business magnate and the chairman and managing director of Reliance Industries, the largest private ...
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Mukesh Ambani :: RIL :: Reliance Group of Industries
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Shri Mukesh Ambani has many accolades to his name and spearheads the Reliance Group in official capacity as the Chairman and Managing Director of Reliance ...
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Mukesh Ambani Profile - Mukesh Ambani Biography - Information on ...
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Here is a brief profile and biography of Mukesh Ambani. Read about Information on Mukesh Ambani of Reliance Industries.
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Will Anil Agarwal beat Mukesh Ambani? - 17 hours ago
Dear Anil Agarwal, The Indian media are agog you are set to overtake Mukesh Ambani as India's biggest corporate promoter. You have made a massive $9.6 ...
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Mukesh Ambani rejigs RIL holding - Moneycontrol.com - 4 related articles »
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Mukesh Ambani - CMD, Reliance Industries | Reliance
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Mukesh Ambani, CMD of Reliance, charted Reliance Solar Group with focus on renewable energy segment. Mukesh Ambani's Solar Group has already implemented a ...
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Mukesh Ambani - India | LinkedIn
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Mumbai Area, India - Chairman and Managing Director, Reliance Industries Limited
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View Mukesh Ambani's (India) professional profile on LinkedIn. LinkedIn is the world's largest business network, helping professionals like Mukesh Ambani ...
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Mukesh Ambani on his childhood, youth
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17 Jan 2007 ... If Dhirubhai Ambani was a larger-than-life patriarch and Anil was the public face of Reliance, Mukesh Ambani was an enigma. ...
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YouTube - Mukesh Ambani's residence Antilia
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1 May 2008 ... queue The Big Interview: Tina Ambani133003 views ndtv · 0:44 +. Added to queue Mukesh Ambani @ billion $ home125631 views akshayjawanjal ...
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Mukesh Ambani is world's richest man
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Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim ...
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News for N- Liability Bill India
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Near unanimous Lok Sabha nod to n-liability bill - 3 hours ago
The civil nuclear liability bill got a near unanimous go-ahead from the Lok Sabha ... over the legislation, which is critical for India's atomic industry. ...
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The Opposition will also seek to put the government on the mat on the situation in J&K, spurt in Maoist violence and other issues in Parliament which meets ...
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Lok Sabha passes Nuclear Liability Bill - India - The Times of India
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25 Aug 2010 ... "To say we have anyway compromised India's national interest will be a travesty of facts," ... Industry upset with N-liability bill changes ...
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N-liability bill changes tough, no supplier will come: NPCIL
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24 Aug 2010 ... "No supplier, Indian or foreign would be willing to take the liability on ... N-liability bill in Parliament today, Oppn aims to corner govt ...
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The Hindu : News / National : 'Nuclear liability Bill will clip ...
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19 Aug 2010 ... India. Former chairman of the Atomic Energy Regulatory Board, A. Gopalakrishnan, has said the Civil Liability for Nuclear Damage Bill will ...
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8 Jun 2010 ... The court verdict in the Bhopal gas leak case could make it difficult for the government to get the Civil Nuclear Liability Bill passed. ...
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N-liability bill: Govt discusses 4 options to end impasse
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23 Aug 2010 ... In a last ditch attempt at resolving the government-Opposition deadlock over the nuclear liability bill, Minister of state for Parliamentary ...
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The Telegraph - Calcutta (Kolkata) | Nation | N-liability bill fiasco
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8 May 2010 ... N-liability bill fiasco. New Delhi, May 7: The government today introduced in the Lok Sabha a controversial bill setting rules for providing ...
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N-liability Bill tabled - 1 - National News – News – MSN India
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25 Aug 2010 ... New Delhi: The UPA government on Wednesday tabled the controversial nuclear liability bill in the Lok Sabha dropping the crucial clause on ...
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Govt open to talks with BJP over N-Liability Bill-India-TIMESNOW ...
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After the Nuclear Liability Bill faced fresh roadblocks today with the BJP and ... are open to continue consultation with the BJP over the N-Liability Bill. ...
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Standing committee to give report on nuclear liability bill on ...
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16 Aug 2010 ... The bill is crucial for operationalisation of India's nuclear cooperation agreements, particularly with the US.
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