Is that the reason behind public money being spent on BSNL and MTNL to spruce it up before selling it to the private players?
In a sharp rejoinder to “Western businesspeople”, who are said to be still inclined to “defend” Prime Minister Narendra Modi by claiming that Modi may be “bad for democracy his pro-business philosophy is good for the economy”, the powerful British periodical “The Economist” has declared, “But that argument no longer washes. India’s economy is incompetently managed and doing badly.”

According to “The Economist”, India’s growth falling from 8% in the middle of last year to 5% year-on-year in the most recent quarter “might not sound too bad”, as “other emerging economies are also suffering”. However, it warns, “The slowdown looks less like a dip than a prolonged cold shower.”
The top periodical says, “Some banks and many other lenders are in crisis, with a $200bn mountain of bad debts. In the six months ending in September, the total flow of financing to businesses fell by 88%.” It adds, “Five successive rate cuts by the Reserve Bank of India … have failed to pull down commercial lending rates, and in any case firms are not investing.”
Admitting that in 2014 the Modi government inherited an economy “with plenty of problems”, it insists, “But it did too little about them. The latest downturn continues that disappointing pattern. With the exception of a steep cut in corporate taxes earlier this month, to 25%, which brings India into line with other countries in the region, the official response has been scattershot and timid.”
Instead of getting to grips with the economy, Modi will stop posing as a reformer and fully embrace his alter ego, as a chest-thumping Hindu nationalist
Pointing towards “an unusual paucity of expertise” in the Modi government and “conflicting views in his circle”, at a time when “competing interest groups vie for his ear”, the periodical advises Modi to “recruit an economic team that is based on competence and experience rather than affinity for the Bharatiya Janata Party’s Hindu-nationalist ideology.”
Recommending privatization of state-owned banks as part of a “broader” privatisation programme that could give the government “the money it needs to succour demand”, even as making use of “levers such as the national rural-employment scheme to get money to the distressed hinterland”, “The Economist” sounds a worry: “The fear is that, instead of getting to grips with the economy, Modi will stop posing as a reformer and fully embrace his alter ego, as a chest-thumping Hindu nationalist.”
Recalling steps like abolition of special status to Jammu and Kashmir, “India’s only Muslim-majority state” and threat to “expand to the rest of the country his scheme to hunt down supposed foreign interlopers in Assam”, “The Economist” warns, ““In the face of India’s growing economic problems, focus on communal grievances seems even more reprehensible.”
Courtesy: Counter View
The Hindustan Times reported that the people of Chhattisgarh have been protesting against the land acquisition and coal block allotment carried out by the government in the Hasdev Arand region in violation of the Panchyats Extension to Scheduled Area (PESA) Act, which mandates the government to take the Gram Sabha’s permission to acquire tribal land.Coming together under Hasdev Aranya Bachao Sangharsh Samiti (HABSS), people from twenty villages have written to Chief Minister Bhupesh Baghel in protest against these government actions.

Image Courtesy: Hindustan Times
In their letter, the protestors demanded that no mining project be allowed to proceed in the region, that land acquisition in the villages of Salhi, Hariharpur and Fathepur in the Parsa coal block be stopped, and that the forest clearance given to the project by Union Ministry Of Environment, Forest And Climate Change be cancelled.The protestors also demanded that the government must cancel the developer-cum-operator agreement as to the Paturia and Gidhmuri coal blockbetween the Chhattisgarh Power Generation Company (the contractor to which these areas have been allotted) and theAdani group.
The Forest
The Hasdeo Arand Coal field is spread over North Korba, south Surguja and Surajpur districts. At 170,000 hectares,Hasdeo Arand is one of the largest contiguous stretches of dense forest in central India.It is one of the largest contiguous forest areas in Central India outside of the protected area system. The catchment area of the Hasdeo Bango barrage irrigates 4 lakh hectares of prime agricultural land. The forest is extremely rich in bio-diversity reporting the presence of several endangered species. It is also part of a large elephant corridor stretching from supporting the migration of wild elephants from Gumla district in Jharkhand to Korba district of Chhattisgarh.
The Conflict
In 2010, the Ministry of Environment, Forest and Climate Change had declared the region a ‘no-go area’ for mining, meaning that the coalfield areas would never be opened to miners.A 2014 HABSS Report quotes the Forest Advisory Committee (FAC)which was setup in relation to Tara, Parsa, Parsa East &Kete Basan (PEKB) coal-fields in the Hasdeo Arandregion.On inspecting the forest land in Hasdeo-Arand coalfields, in a December 2009 statement, the FAC noted,“the major part of forest area is unsuitable for coal mining due to its high ecological and forest value and no fresh approvals should be granted to the blocks except the two ongoing mines.”
However, in June 2011, the Ministry granted forest clearance toTara and PEKB –three blocks within the area.The Hindu reported that the Environmental Minister of the time,Jairam Ramesh, had said this approval was contingent on the Chhattisgarh government not coming up with fresh applications for opening up the main Hasdeo Arand area, and on full compliance with the Forest Rights Act, which means that any dwellers in the area must have their forest land rights settled, and accept the mining projects.Jai nandan Singh Porte, a local tribal activist, said in 2017 that residents of the villages destroyed by the PEKB mine they have still not been rehabilitated properly in five years.
In 2015,twenty Gram Sabhas of Hasdeo Arand had passed a unanimous resolution to oppose all future auction/allotment of coal blocks and mining, and submitted it to the then chief minister and prime minister.They had raised concerns regarding the loss of their forest-based livelihoods, displacement, pending forest right claims and damage to local water bodies as a result of mining operations.
On March 21, 2019, the Union’s environment ministry gave environmental clearance for open cast coal mining in Parsa in Chhattisgarh’s dense HasdeoArand forests. This project required removing all the vegetation and soil from the area before they can begin digging for coal.
What’s At Stake
The Wire reported thatsince the diversion of forest lands for the various coal mines in the area, according to submitted proposals, would amount to 7,730.774 hectares, it would be nearly impossible to remediate the resultant loss from all the tree felling in the area.
Since the mining work started on the approved coal blocks, it has affected the migratory route of theelephants in the area and has resulted in an increase in the number of human-elephant conflicts in the region, to the detriment of the residents of Hasdeo Arand. Interestingly enough, the area had earlier been proposed for an elephant reserve, which would have prevented its use as a mining site, but the proposal never actually been notified by the state government. If these proposals are granted, the conflict will only increase.
Quartz reported that during the mine’s 34-year life span, around 3,70,000 trees will be felled. The damage caused to the region’s bio diversity as well as Hasdeo Arand’s tribal population will be irreparable.