A panel, constituted by the Environment Ministry, will examine the "severity of the issues" involved in the development of Adani Port and Special Economic Zone (APSEZ) at Mundra in Gujarat's Kutch district.

The five-member committee, headed by green activist Sunita Narain, will examine several allegations including the alleged destruction of mangroves and violation of Environmental and CRZ clearance granted for the port development, a source said.

Lenders are offering term loans to livestock owners in drought-affected Gujarat
ATMADIP RAY & SUTANUKA GHOSAL KOLKATA

Central Team Apprised Of Drought-Like Situation Despite Recent Rains

Gandhinagar:The Gujarat government has asked the Government of India (GoI) to provide Rs 450 crore as “help” to fight vulnerable nutrition levels in 132 talukas, mainly belonging to Saurashtra, Kutch and North Gujarat, where the government believes a drought-like situation prevails, despite recent rains. The demand comes significantly close on the heels of Narendra Modi’s controversial statement where the chief minister said that middle class girls are so health conscious that they do not consume milk, hence suffer from poor nutrition levels.

India's third largest heavy commercial vehicle (HCV) manufacturer Asia Motor Works Ltd (AMW) with its manufacturing plant is Kutch district has got nod from Gujarat Highc Court for demerger into two companies for for better and efficient management and attracting investments.

The Scheme of Arrangement for demerger under Sections 391 to 394 of the Companies Act, 1956 was approved by the Justice Abhilasha Kumari last week. Following this approval the AMW would demerge into AMW Motors Ltd (AMWML) and AMW Auto Components Ltd (AACL).

Termed first of its kind in the country, it will make available Rs.50,000 in three instalments to the poor

Rajasthan has launched a special housing scheme for rehabilitation of both urban and rural poor affected by natural and manmade calamities. Termed first of its kind in the country the special housing scheme, named Rajasthan Vishesh Awas Yojna, comes in the wake of Congress president Sonia Gandhi suggesting permanent measures to rehabilitate the victims of recent spell of excess rains in Rajasthan during her visit the previous day.

At 938, It’s At All-Time Low In Gujarat: Survey

Ahmedabad: If there is an address for vultures in Gujarat, then it is Kutch. This district neighbouring Indo-Pak border has the highest number of Gyps vultures including White-Rumped vultures and Long-Billed vultures in the state. The vulture census taken up in May revealed that the vulture count in the state has fallen to below 1,000 - an all time low in Gujarat.

With Mundra incurring losses and resolution of higher costs not likely soon, stock could feel pressure

The Tata Power stock has underperformed broader markets in the current quarter, a trend likely to sustain, going ahead, due to concerns over its Mundra power project and stock valuations. Against a two per cent rise in the Sensex, Tata Power’s stock is down almost six per cent in the quarter so far. The 4,000 Mw Mundra ultra mega power project (UMPP) (set up under Coastal Gujarat Power Limited (CGPL) reported a net loss of Rs 165 crore in the June 2012 quarter, which was ahead of analysts’ estimates.

SSNNL-Sponsored Survey Flies In The Face Of State Govt’s Claims Of Drought

Gandhinagar: A just-published study, sponsored by Sardar Sarovar Narmada Nigam Ltd (SSNNL), suggests that even the existing incomplete canal network should have considerably eased the current scarcity conditions, claimed to be prevailing in large parts of Gujarat. The study acquires significance, as it comes almost about the same time when the Gujarat government regarded “lack of rains” as the chief criterion to declare 91 out of 225 talukas as “scarcity hit”. Based on the same, the state has demanded Rs 18,000 crore from the Centre as drought relief.

High cost, dull market and strict green norms add to mining industry's woes

Slow growth pace in the mining sector is hurting mineral processing units in Gujarat. At least 500 small and medium mineral processing units have curtailed their operations by half over the past three months and some more are likely to follow suit as high cost of operations and dull market conditions add to industry woes.