While a loan from the federal government as well as an amendment to land ownership laws is yet to cement, the mining project is on track.
Crucial events over the last month, which will decide the fate of the beleaguered $16-billion mining project, have sparked a surprising amount of pro-Adani tweets.
A new notification from the ministry lays out a process by which illegal units can be granted clearance and “brought into compliance” within the next six months.
Despite all the talk of a big push to the agricultural sector, the last Union Budget turned out to be a missed opportunity to provide genuine relief to farmers. The government must rectify this.
Prominent lawyer Prashant Bhushan discusses the recent Sahara-Birla diaries, over-invoicing of coal imports by Reliance and Adani groups, and the Essar tapes.
Senior ministry officials who had earlier recommended the fine now say the blame for environmental damage cannot be put on Adani.
Reports state that the environment ministry has also withdrawn several stringent conditions earlier issued on the Adani group.
Given the increasing competition for water for different uses like agriculture and domestic supply, it is clear that such problems are likely to increase in the future.
Almost all the companies named in the DRI’s investigation have followed a similar process of questionable transactions to siphon off public money, the AAP leader claims.
Electricity generating companies are now seeking ‘illicit gains’ by demanding compensatory tariffs from regulators, investigators allege.
Globally, economists and law makers recognise price volatility of commodities as a key risk which can significantly affect economic activities which depend heavily on commodity inputs.
There are many unanswered questions about the contents and of the Environmental Law Amendment Bill and the manner in which the government plans to go about enforcing it
For Adani to continue with its Queensland, Australia coal project, the company will need to re-apply for the coal licence