DH News Service, Bagalkot: Goa-based company Tungabhadra Minerals Company will set-up a Rs 25,000 crore steel plant in the district, Large and Medium Industries Minister Murugesh Nirani stated here on Sunday. Nirani told reporters that in the first phase the company had agreed to invest Rs 10,000 crore and would be providing jobs for nearly 50,000 people. He said a team of senior officials from the company were already searching for a suitable place in the district to set up this mega plant.

Finally, it was left to the villagers of Sancoale, Verna and Keri to approach the Goa Bench of the Mumbai High Court through three separate writ petitions that challenge the allotment of land to the developers of the Special Economic Zones (SEZs), which were supposed to come up in Goa. The petitions say that the SEZs were allotted land by the Goa Industrial Development Corporation (GIDC) in gross violation of the law.

The Himachal Pradesh government today cleared nine new industrial projects, bringing in additional investment of nearly Rs 1,095 crore in the state, which will mostly be concentrated in the industrial belts of Solan, Sirmaur and Una districts. The proposals were cleared at a meeting of the state-level single window clearance and monitoring authority, held here this afternoon. Chief Minister Prem Kumar Dhumal, who is also chairman of the authority, and also holds industrial charge, presided over the meeting.

JAIPUR: Chief Minister Vasundhara Raje on Tuesday announced launch of an ambitious Bhamashah Financial Empowerment and Women's Prosperity Scheme to benefit over 50 lakh poor and disadvantaged families in Rajasthan, especially the women. Ms. Raje told reporters after presiding over a District Collectors' conference here that the scheme would bring socio-economic self-reliance to 21 lakh rural families living below poverty line, 32 lakh small and marginal farmers and a large number of Scheduled Caste and Scheduled Tribe families.

PANJIM, JULY 8

Dhiraj Nayyar The attack in Kabul must not be allowed to undercut vital economic ties between India and Afghanistan

Hindupur, July 7: The minister for tourism and major industries, Ms J. Geeta Reddy, claimed that the state is progressing on industrial front in a never before manner under the leadership of the Chief Minister, Dr. Y.S. Rajasekhar Reddy. "I can declare that it was a golden time for the industries in the Congress regime. Already the state stood in the second place in the entire country in industrial development and in no time it would reach the top slot." The minister conducted a review meeting on the situation of industries at Toomukunta industrial estate near Hindupur of Anantapur district.

Double-digit inflation in India is unusual since it has managed for many years with containing inflation to low single-digit figures. Indian voters are also inflation averse and for years the bureaucracy in charge of the economy has been sensitive to any upsurge in inflation. In those days their salaries were in nominal terms and not adjusted for dearness allowance. So inflation hurt the bosses as much as the masses.

Rajasthan, Kerala and Haryana top the list among states that have registered growth in manufacturing jobs according to comparison of the data from the economic censuses of 1998 and 2005. The other southern states too have recorded rather high growth in employment in the manufacturing sector.

For long, Maharashtra and Gujarat have been hailed as the commercial and manufacturing hubs of the country. Figures on foreign direct investment also suggest that they are among the states attracting the biggest investments. Yet, they have been among the laggards when it comes to creating non-agricultural or manufacturing jobs.