As litigation amps up after the Supreme Court’s cancellation of all captive coal-block allocations, court documents are throwing light on one of the more puzzling aspects of the coal scam — the 74:26 MDO agreements… These JVs had several striking features. The MDOs held 74% in the JVs — which meant they controlled the mining operations. Two, the price charged by the MDOs was not on cost-plus basis — it was pegged to the prevailing Coal India price. This was odd because the public sector miner has underground and opencast mines, the former being more expensive to operate, and its price is an average of its cost of coal extraction from both kinds of mines. In contrast, the MDO blocks were all surface mines.
What is more, several such JVs were signed well before the blocks were even allotted. Take Karnataka Power Corporation Ltd (KPCL). It signed an MDO contract with Kolkata-based Eastern Minerals & Trading Agency (EMTA) on February 19, 2002. However, blocks were allotted to KPCL on November 10, 2003 — over a year and half later. This created a fresh puzzle. Given the competitive frenzy to get coal blocks, why were the state PSUs so sure they would land one that they signed mining contracts even before the blocks were alloted?
Ten years after the tsunami, life in India’s coral-fringed Nicobar Islands is settling into a new pattern. For the most part, it is an ugly one. In the tiny island of Car Nicobar—it has a perimeter of just 45 kms—even 12 year olds are getting drunk. “There was always some drinking,” comments Samir Acharya, a local environmentalist. “But what we are seeing now is binge drinking.” Hard liquor is the most preferred drink now, not toddy.There are other changes. The traditional community structure, where extended families lived together in homes large enough for all of them, is being replaced by nuclear families. The islands are now far more dependent on the world outside for their supplies. With that, the local economy has changed from a simple one bartering or selling coconuts to a far more complex and cash-intensive one.
for a while now, i have been trying to go on a cycle ride at the end of every year — have succeeded three out of four years. in 2014, biologist vidya athreya and i went to the andamans. and i came back and wrote this story about cycling up the islands.
The friend is a biologist curious to see what the forests in this archipelago are like — the Andaman & Nicobar Islands were connected to what is now Indonesia before rising sea levels cut them off. As such, not only are life forms on the isles closer in origin to Indonesian than Indian ones, their geographic isolation has resulted in the creation of several species unique to them. As for me, I am looking to get into shape. This is also my second trip to the islands — the first was a reporting assignment in 2004 just before the tsunami. The ride is a chance to see how the patterns I spotted then – water shortages, over-population, and decimation of the indigenous people – have unfolded since.