BSE, NSE asks MCX for clarification on increase in trading volume

Jignesh Shah-led MCX clarified that in its opinion there is no material information, which may have a bearing on the price volume in its shares

India's premier bourses, BSE and National Stock Exchange (NSE) have sought clarifications from Jignesh Shah-led Multi Commodity Exchange of India (MCX) about substantial increase in its trading volume.


The exchanges have observed significant price and volume movement in MCX shares in the recent past.


In a circular issued on Tuesday NSE said, “Substantial increase in trading volumes has been observed in Multi Commodity Exchange of India Ltd. The exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors are safeguarded, had written to the company.”


In response, MCX said, “With regard to increase in volume/ price, the company would not like to speculate nor would like to comment on the increase in the volume/ price in the recent past, as in our opinion there are no material information which may have a bearing on the price / volume in the scrip.”


MCX in a clarification to the BSE also said, “As a responsible corporate, we would like to assure you that the company will at all times adhere to the compliance requirement in terms of the listing agreement in the larger interest of the shareholders as per best corporate governances practices.


Shares of Multi Commodity Exchange have surged over 80% over the past fortnight after suffering a massive fall that was triggered by the crisis at National Spot Exchange Ltd (NSEL).


On the volume front, 1.45 lakh shares were traded on the BSE, while over 5 lakh shares changed hands on the NSE during the afternoon trade.


Both NSEL and MCX are promoted by Jignesh Shah-led Financial Technologies (India) Ltd (FTIL). FTIL holds 26% stake in MCX, the only listed commodity exchange in the country.


NSEL is presently facing a crisis of settling Rs5,600 crore dues to 148 members/brokers, representing 13,000 investors, after its trade was suspended on 31st July following orders from the government.


At 2.30pm Wednesday, MCX was trading 4.99% higher at Rs459.75 on the BSE, while the benchmark Sensex was marginally down at 19,915.



R Balakrishnan

3 years ago

Funny exchanges these. They have data on buyer names and seller names. BSE/NSE obviously do not want MCX to emerge clean. Amusing side line battles ..

GM crops-Part 1: The truth about genetically modified foods

There are inherent risks and dangers if India were to adopt genetically modified crops. Here is an expose about several myths surrounding GM crops. This is the first part of a three-part series

There has been a great deal of publicity of late, particularly by the Agriculture Minister, about the necessity of genetically modified (GM) crops for feeding India’s masses, while dismissing the widespread concerns about them. These concerns cover health, environmental impacts, farmers’ indebtedness, loss of seed diversity and sovereignty. These risks are not activist extremism, but have repeatedly been endorsed by independent investigations—both abroad and in India.

Independent reports on GM: The first serious report in India was in 2010 by former minister of environment Jairam Ramesh, who called for a moratorium on Bt brinjal after inputs at seven public hearings and perusing scientific studies in favour and against its introduction. Then, in 2012 a report by the Parliamentary Standing Committee for Agriculture (PSCA) consisting of 31 members across party lines, unanimously castigated rampant regulatory failures, the exaggerated claims of increases in yield of Bt cotton, the health and environmental risks increasingly being reported across the world, and the stranglehold by large transnational seed corporations, whose expensive patented seeds have to be purchased afresh every year causing economic distress and suicides of farmers. The PSCA called for a complete moratorium on field trials of  GM crops until a proper bio-safety regulation based on the best globally available legislation is enacted and regulatory loopholes are plugged. Its report is accessible here as well as a three page  press release of it by the Lok Sabha Secretariat.

The most recent report is by a Technical Expert Committee (TEC) appointed by the Supreme Court in a public-Interest Litigation (PIL) on GM (Writ Petition no (Civil) No.260 of 2005). The TEC consisted of six members, of which five submitted a unanimous report calling for the following:

  • A moratorium on field trials of GM food crops until the “major gaps in the regulatory system” are addressed, and on commercial release “until there is more definitive information …about the long term safety of Bt in food crops”;
  • A ban on Herbicide Tolerant (HT) crops since manual weeding is both feasible and employment generating in India’s small farms;
  • A ban on GM crops for which India is the centre of origin/diversity

Each of these has been followed by a spate of articles, in some newspapers, attacking the findings of the PSCA, personal denigrations of their authors and fear mongering that without GM, India will be unable to grow the food it needs.  GM is one of the most important issues for India as it affects food and seed, vital for us all, and also because the spread of living organisms is irreversible. There is thus the need to sift PR hype from truth.

GM hype and GM truth: The hype is that GM is cutting edge technology in agriculture, that 170 million hectares are under GM crops, and that India will be left behind if it does not adopt this GM technology. The truth is that 170 million hectares constitutes only 3.4% of the world’s total agricultural land, that only six countries account for 91.8 % of all GM area (USA 40.8%, Brazil 21.4%, Argentina 14%, Canada 6.8%, India 6.3%, and China 2.3%) and that most countries in the world are rejecting or restricting it. The first four countries, accounting for 82% of all GM cropland, have average farm sizes of about 300 to 1000 acres and their main GM crops are Herbicide Tolerant (HT) i.e. designed to withstand herbicides, which will kill all plants other than the genetically modified HT crop. This actually results in more irresponsible spraying of herbicides, thereby leading to more toxin consumption. It has also led to unprecedented herbicide resistance in weeds. These pose a major problem to US farmers who cannot eradicate these “super weeds” which have affected 61 million acres of US farmland (Report by Stratus Agri-Marketing). The TEC has rightly recommended that there is no justification for HT GM crops in India, where sizes of Indian farms are only 3 acres on average and manual weeding provides employment to millions of women.

In India, Bt cotton is the only crop permitted so far. Bt crops involve the transfer of a gene from a soil bacterium (Bacillus thuringiensis, or Bt) into the seed, to produce a protein toxic to a targeted pest e.g. the bollworm in cotton. The hype is that Bt cotton yields have made India the second largest exporter of cotton whereas the truth is that very little of this is due to higher yields from Bt cotton. In fact, according to Cotton Advisory Board figures, cotton yield increased by 69% (i.e. from 278 kgs per hectare in 2000-01 to 470 kgs per hectare in 2004-05) when Bt cotton was less than 6% of total cotton area. However, as Bt cotton expanded to over 90% of the cotton area, yield  increased by only about 6%, stagnating at around 500 kg per hectare for the past 5 years. India has also become the world’s largest exporter of organic cotton—which does NOT use GM seed. In fact organic cotton exports are now being jeopardised by Bt contamination, as importers of organic cotton do not permit the slightest trace of genetic modification. Moreover, some types of bollworms have developed resistance and, after Bt cotton, there is an unprecedented invasion by other pests—such as sucking pests—which were earlier never a problem with cotton. Farmer risks now include more expensive seeds (5 to 10 times the cost of earlier seeds), pesticide spraying on these secondary pests and crop failures as these seeds need timely irrigation, which 65% of our farmers cannot provide. While some farmers may have benefited, amongst rainfed farmers indebtedness and suicides have not decreased despite wide adoption of  Bt cotton. Other possible impacts eg Bt toxin on soil microbes and on animals which consume the plant, allergy in cotton pickers and consumers, and health consequences of Bt cotton seed oil now being liberally mixed into edible oils, need to be monitored through independent and transparent long term studies, which is, unfortunately , not happening.

Stay tuned for part two of the three-part series.

(Dilnavaz Variava has been involved with the environmental movement in India for close to 40 years. She has held many roles, including CEO of WWF-India, Vice-President of the Bombay Natural History Society-BNHS, and on several apex committees of the Govt of India. Since about 10 years, ever since she was asked to Chair the Working Group on the Ecological Foundations for Sustainable Agriculture for a Govt of Maharashtra Expert Group on Agriculture,  she has been closely involved with this subject. She is  Honorary Convener of the Consumer Group of the Alliance for Sustainable and Holistic Agriculture- ASHA.)



Tushar Chakraborty

3 years ago

The abusive language used by Shanthu Shantharam , without going into the real issues , is despicable to say the least ! It is gender biased , and racist like attitude - which has no place in public debate . Now , when from Aruna Rodrigues it appears - that he was in the pay role of Syngenta !! Now - it explains his behaviour . This abuse proves - Ms Variva's arguments are correct hit !

Shanthu shantharam

3 years ago

Ms. Variava is so ignorant of facts and science and technological aspects of the GM technology that she should be barred from writing anything on the subject for life. Look at her audacity to write so much of misleading information. She must be convicted for spreading lies.

She sounds like a senior citizen which means she has zero or less than zero knowledge of modern biology and biotechnology. she will do great service to farmers by just keeping her mouth shut on the subject


Aruna Rodrigues

In Reply to Shanthu shantharam 3 years ago

Mr Shantaram
We meet again here ---haven't spoken to you since Nagoya when you misrepresented things as you are want to do, which is quite understandable.After all, years of being a spokesman for Sygenta colour your thinking.

This we all know including the Industry which is why you are losing your punch. Instead of using scientific arguments to counter M/s Dilnavaz you become offensive. But this is also par for the course. It demonstrates your inability to counter facts and therefore your utter frustration.
Aruna Rodrigues


In Reply to Shanthu shantharam 3 years ago

Aha! Here comes the industry man, Shantharam, with his usual obnoxious style. When you write, it is "leading" information, when someone points to counterfactuals, it is 'misleading' eh? You should just shut up yourself and let the debate take place. Citizens are smart enough to sift through facts and decide for themselves. Stop before you are convicted for obnoxious behaviour.

Shankar Deb

3 years ago

Bottom Line-

Has any of these foods been grown and consumed anywhere in the world? Yes, and the US is the origin of most of the GM foods, and its major consumer.

Haven't noticed the Americans having any adverse effects.

There is a huge lobby for and against GM foods, and as is to be expected, socialism spawns only fear and envy, and there is a lot of TV face time, the so called experts get out of fear mongering. It is ALWAYS easier to say NO, and takes courage and vision to say YES.

To me it seems, that if an advanced country has no difficulty in growing and consuming GM foods, why should we? The only concession I give to fear mongers is that the GM foods being consumed elsewhere, should have a history of at least 5 years of no adverse effects.

Lets all grow up!! progress always involves the unknown, and as long as we can get data of past history of no adverse effects, we should have no difficulty with it.

These doomsday predictors were at it when the computer was first introduced, when FDI was allowed, when India opened up to international competition etc, and every time something new was attempted. Best is to ignore them and take matured decisions


Sridhar R

In Reply to Shankar Deb 3 years ago

Sorry, Sankar. I disagree with you. Even as GM crops were proposed and researched upon, it was the scientists who came up with the need for biosafey enlisting all the problems associated with GM crops, and to this day, even in India, it is the scientists who are warning us. Meanwhile, what we suspect of those supporting GM crops, are more valid. That they are ignoring the large volume of studies that show GM crops are a hazard. I would prefer you to read the compilation brought out recently, of about 400 studies that demonstrated the ill effects of GM crops. And as for your very simplistic argument, that Americans are not showing any GM impacts, one simple question. Did any one look at whether they are having ill effects ? Can the ill effects be linked to GM crops in the absence of proper labelling. Aren't they now fighting for labelling ? Lets read more of what some one like Dilnavaz Variavah with a legacy of credible work have to tell. And as for you, your response - reeks of the hegemonic industrial thrust for GM crops. I would be vary of you, and wait for more of the article to come out.

Shankar Deb

In Reply to Sridhar R 3 years ago

Thank you Sridhar for your very measured comments.

I do not dispute that there are voluminous research papers on the dangers of GM, but if the USA with their sophisticated testing and follow through facilities have not found anything that endangers their citizens, I think we are being paranoid.

There is another similar debate going on in India and some other parts of the world about the dangers of the Shale gas technology. There are all sorts of people that argue that this will pollute aquifers, cause earthquakes and the civilized world as we know it will come to an end.

Yet the Americans have almost become energy self sufficient and their gas cost is now less that $4 per mmbtu, and their economy is on the rebound.

So let us muster some courage and say Yes, instead of just saying NO, because it is safer to stay with the familiar.

Sridhar R

In Reply to Shankar Deb 3 years ago

What an assumption - that "USA with their sophisticated testing and follow through facilities have not found anything that endangers their citizens". Ask the millions who are now demanding labelling. And ask those Corporate agri majors and food majors fighting labelling, what are they afraid of? If GM crops are so safe and good, label them. Come on.

Arvind V

In Reply to Shankar Deb 3 years ago

I hope the movie "GASLAND", will prove to be informative about shale gas extraction(FRACKING)& illuminates the fact that American Govt is a handmaiden of big business.


In Reply to Sridhar R 3 years ago

May i know which agri scientist is writing against GM crops?
You may popup few irrlevent names but look closely on their specialization & ideology.

Note: check NASA space exploration debate in usa. Those who are opposing it, are not space scientists but UFO-logists :)

Sridhar R

In Reply to Anand 3 years ago

Did i say Scientists write against GM crops. Why are you taking my statement and biasing it ? I said there are scientific studies showing GM crops to have problems of health, environment. And repeatedly we are hearing many, even among scientists saying that there are no studies that show GM crops as having problems. The studies I say can be read in this compilation. Please refute or critique that -

Gas starving Tamil Nadu obstructs GAIL's gas pipeline!

After laying more than 70kms of gas pipeline on farmland, the Tamil Nadu government wants GAIL to reroute the laying process and align it with highways. This entails several risks, that of safety, security and maintenance

State-run GAIL (India) Ltd is the largest gas transmission and marketing company in India, operating for the last 25 years, covering over 30,000kms of gas pipelines, out of which they themselves have laid 10,000kms.


At the moment, work on their Kochi to Mangalore gas pipeline, 310kms of which are projected to pass through Coimbatore, Tirupur, Erode, Namakkal, Salem, Dharmapuri and Krishnagiri in Tamil Nadu, has to be stopped at the request of state government. The Tamil Nadu government alleges that the farmers, in some of these areas, feel that laying gas line will lead to a loss of agricultural production!


GAIL has, in the past, laid network of gas pipelines on farmlands in several states like Karnataka, Punjab, Uttar Pradesh Haryana, Gujarat, Goa and Maharashtra, without any trouble. Experience shows that laying the gas pipeline via the farmland is the safest means of transport of gas, which is practised all over the world. It does not affect the farmer who is adequately compensated, and the pipelines are laid one or two metres below the ground level.


BC Tripathi, chairman and managing director (CMD) of GAIL, in a recent interview, has stated that the so-called unrest, agitation and apprehension in the minds of farmers have been created by vested interests. The work on the pipeline started after initial consultation, mutual discussions and after arriving at an understanding with the Tamil Nadu government and with its cooperation, GAIL has, in fact laid more than 70kms of gas pipeline on farmland.


To appease the farmers, it appears the Tamil Nadu government has now proposed that GAIL must reroute the laying process and align it with the highways. Such a change—laying the gas pipeline along with highways—entails several risks, that of safety, security, maintenance etc. Even the process of laying the pipeline would totally disrupt the movement of goods and services during the construction, besides being costly. In addition, such a move would mean that the gas lines would have to be below the national highways, on which heavy loads of traffic will pass!


GAIL, failing to receive an encouraging response from the Tamil Nadu government, has now resorted to take up the issue through the Madras High Court. GAIL feels there is no other alternative means to resolve the issue, though they are keen to sit across with the state government and find a solution to the problem.


Tamil Nadu government must realise that this gas pipeline will bring in much needed gas to the power starved state. Their own revenue will also come in the form of 4 million standard cubic feet per day (mmscmd) of gas to cover the taxes and other levies.


Readers of Moneylife may recall that Tamil Nadu Government had made objections in regard to the development of CBM (coal bed methane), as the Tamil Nadu Pollution Board (TNPB) had not given clearance to the project, though the work on this has been going on for a couple of years. In this particular case, it will be another 60 days or so before we know the recommendations of a Committee appointed for investigating this matter. Such delays only harm the national progress.


GAIL's work on the gas pipeline is also stuck in the same manner, which has followed the laid down procedure of the government, and this interference by Tamil Nadu government cannot be accepted, as it reflects on its poor ability to sort out the mess created by vested interests.


Hopefully, we expect the Court to direct the Tamil Nadu government to assist GAIL in completing the project on time and to take care of the leaders of the agitators.


(AK Ramdas has worked with the Engineering Export Promotion Council of the ministry of commerce. He was also associated with various committees of the Council. His international career took him to places like Beirut, Kuwait and Dubai at a time when these were small trading outposts; and later to the US.)



joy bala

3 years ago

ആര്യാടനു തിരിഞ്ഞ സത്യവും ചില തുടർചിന്തകളും...
1:00 PM Sabu Kottotty 8 comments
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മന്ത്രി ആര്യാടൻ മുഹമ്മദ് ചിലപ്പോൾ സത്യം വിളിച്ചുപറയും. അത് സ്വന്തം പാർട്ടിയിലെ അത്യുന്നതന്മാരുടെ താല്പര്യങ്ങൾക്ക് അത് എതിരാവുകയും ചെയ്യും. ഡീസൽ വില വർദ്ധനയും സബ്സിഡിയുടെ വെട്ടിച്ചുരുക്കലുമായി നട്ടം തിരിഞ്ഞ കെ എസ് ആർ ടി സിയുടെ രക്ഷാകവചമായി ബസ്സുകൾ ഗയിൽ വാതകത്തിലേക്കു മാറാൻ കേന്ദ്രസർക്കാർ വാഗ്ദാനം ചെയ്തതാണു 4000 കോടി രൂപ. അതാണ് ഗെയിലുമായി നടത്തിയ ആലോചനയിൽ വരും കാലങ്ങളിൽ ഒളിഞ്ഞിരിക്കുന്ന ചതി മനസ്സിലാക്കി മന്ത്രി ആര്യാടൻ വേണ്ടെന്നു വച്ചത്. സഹായധനം ഉപയോഗിച്ച് ബസ്സുകളെല്ലാം ഗയിൽ വാതകത്തിലേക്കു മാറിക്കഴിയുമ്പോൾ അവരുടെ സ്വഭാവം മാറില്ലെന്ന് ആരുകണ്ടു? ആ സമയത്ത് വാതകവില വർദ്ധിപ്പിച്ചാൽ കെ എസ് ആർ ടി സിയെ മരണത്തിനു വിട്ടുകൊടുക്കുകയോ ഗയിലിനു തീറെഴുതുകയോ അല്ലാതെ മറ്റൊരു ഗതിയുമുണ്ടാവില്ല.

ഗയിൽ വാതക പദ്ധതികൊണ്ട് ജനങ്ങൾക്കുണ്ടാകുന്ന ലാഭക്കണക്കുകൾ ശ്രദ്ധിച്ചാൽത്തന്നെ വരും കാല "ഗുണ"ങ്ങളും വ്യക്തമാവും. ജനവാസ കേന്ദ്രങ്ങളിലൂടെ കടന്നുപോകുന്ന പൈപ്പ്‌ലൈനിൽ നിന്ന് സബ്‌വേകൾ നിർമ്മിച്ച് പാചകവാതകം കുറഞ്ഞ ചെലവിൽ വീടുകളിലും ലഭ്യമാക്കുമെന്നും അത് കുടുംബ ബജറ്റിൽ കാതലായ മാറ്റമുണ്ടാക്കുമെന്നുമാണു വാഗ്ദാനം. ഭൂമികുലുക്കമോ മറ്റെന്തെങ്കിലുമോ കൊണ്ട് പൈപ്പ്‌ലൈന് എന്തെങ്കിലും സംഭവിച്ചാൽ ഒരു പ്രദേശം മുഴുവൻ തുടച്ചു നീക്കപ്പെടുമെന്നതും ജീവിതകാലം മുഴുവൻ സ്വന്തം ഭൂമിയിൽ അന്യരായി ഭീതിയോടെ ജീവിക്കേണ്ടി വരുമെന്നുള്ളതും മറച്ചുവെക്കുകയാണ്.

വീട്ടമ്മമാർക്ക് ഗ്യാസിനേക്കാൾ ഇൻഡക്ഷൻ കുക്കറുകളോടാണ് ഇന്ന് കൂടുതൽ താല്പര്യം. താരതമ്യേന ഏറ്റവും അപകടം കുറഞ്ഞതും എളുപ്പവും മാലിന്യമുക്തവുമായതും ഇൻഡക്ഷൻ കുക്കറുകൾ തന്നെയാണ്. ആവശ്യത്തിനു വൈദ്യുതി ലഭ്യമായാൽ നമുക്ക് ഏറ്റവും നന്നാകുന്നതും ഇതുതന്നെയാണ്. ഇടക്കിടെയുണ്ടാകുന്ന കറണ്ടുപോക്കാണ് ഇൻഡക്ഷൻ കുക്കറിന്റെ ശാപം. അതുകൊണ്ടുതന്നെ നമ്മുടെ വൈദ്യുതിപ്രതിസന്ധി മറികടക്കാൻ കഴിഞ്ഞാൽ ഗാർഹിക ഗാർഹികേതര വ്യവസായ മേഖലകളിൽ സാമ്പത്തികമായി ഒരു കുതിച്ചുചാട്ടം തന്നെ നമുക്കുണ്ടാകും.

ആർക്കും ബുദ്ധിമുട്ടില്ലാതെ നഷ്ടം തീരെയില്ലാതെ ഗയിൽപദ്ധതി നടപ്പിലാക്കാൻ കഴിയും. വാതകത്തിന്റെ വിപണനവും വരുമാനവുമാണ് അവരുടെ ലക്ഷ്യമെങ്കിൽ പദ്ധതി നടപ്പിലാകുന്നതോടൊപ്പം നമ്മുടെ വൈദ്യുതിപ്രതിസന്ധിയും പരിഹരിക്കപ്പെടും. ഇപ്പോൾ ഇവരുടെ സ്റ്റോറേജ് പുതുവൈപ്പിനിലാണുള്ളത്. അവിടെനിന്ന് 5 കിലോമീറ്റർ വടക്ക് മാറിയാണ് ഞാറക്കൽ 220 കെ. വി. സബ് സ്റ്റേഷൻ. ഇവിടേക്കുള്ള വൈദ്യതി കളമശ്ശേരിയിൽ നിന്നാണു കൊണ്ടുവരുന്നത്.

പുതുവൈപ്പിനിൽ എൽ എൻ ജി ടെർമിനലിനോടു ചേർന്ന് 2000 മെഗാവാട്ടെങ്കിലും ശേഷിയുള്ള പവർ സ്റ്റേഷൻ സ്ഥാപിക്കുക. നിലവിൽ ആവശ്യത്തിന് സ്ഥലസൗകര്യം അവിടെ ലഭ്യമാണ്. അവിടെനിന്ന് അഞ്ചു കിലോമീറ്റർ മാറിയുള്ള ഞാറക്കലിലും തുടർന്ന് കളമശ്ശേരി വഴി മാടക്കത്തറയിലും വൈദ്യുതിയെത്തിച്ചാൽ അവിടെനിന്ന് ഇന്ത്യയിലെവിടേക്കും എത്തിക്കാൻ ഒരു തടസ്സവുമുണ്ടാവില്ല. ഗയിലിനു വാതകവും ചെലവാകും പൈപ്പ്‌ലൈൻ കടന്നു പോകുന്ന വഴിയിലെ ജനങ്ങളും അവരുടെ വാസസ്ഥലങ്ങളും കൃഷിയിടങ്ങളും സുരക്ഷിതമാവും. ഒപ്പം നാം നേരിടുന്ന രൂക്ഷമായ വൈദ്യുതപ്രതിസന്ധിക്കും പരിഹാരമാവും. ആര്യാടൻ ഇത്രയൊക്കെ ചിന്തിച്ചിട്ടുണ്ടാവില്ലെങ്കിലും ഗയിൽ പദ്ധതിയിലെ ഭാവിയിലെ ലാഭക്കണ്ണുകൾ തിരിച്ചറിഞ്ഞു എന്നത് അംഗീകരിക്കതെ വയ്യ.

ജനങ്ങൾക്ക് കുറഞ്ഞ വിലക്ക് പാചകവാതകം എത്തിക്കുമെന്നു പറഞ്ഞ എൽ എൻ ജി കുറഞ്ഞനിരക്കിൽ വൈദ്യുതി എത്തിക്കുമെന്നു തീരുമാനിച്ചാൽ മതി. പൈപ്പ്‌ലൈൻ കടന്നു പോകുന്ന പ്രദേശങ്ങൾക്കു കൊടുക്കാനുദ്ദേശിക്കുന്ന ഭീമമായ തുകയുടെ ചെറിയ ഭാഗം മതിയാവും പവർപ്ലാന്റ് സ്ഥാപിക്കാൻ. ജനങ്ങളെ കുടിയൊഴിപ്പിച്ചുകൊണ്ടും അവരുടെ ജീവിതത്തെ ദുരിതത്തിലാഴ്‌ത്തിക്കൊണ്ടും "വികസന"പദ്ധതികൾ നടപ്പിലാക്കാൻ തുനിഞ്ഞിറങ്ങുമ്പോൾതിനേക്കാൾ മികച്ചതും ആരെയും ബിദ്ധിമുട്ടിക്കാത്തതും എന്നാൽ തങ്ങളുടെ ലക്ഷ്യം നിറവേറുന്നതുമായ രീതിയിൽ പ്രസ്തുത പദ്ധതികൾ നടപ്പിലാക്കാൻ കഴിയുമോയെന്ന് ആരായുന്നത് എപ്പോഴും നല്ലതാണ്. പദ്ധതികൾ വരണം, പക്ഷേ അതു ആളെക്കൊല്ലാനാവരുത്.

Karthik Duraisamy

3 years ago

This project would had a amazing impact had this been executed in 60/70s or max by 80s - we could have saved a lot on transportation of the fuel and efficiency could have been excellent. We are in 2013 and already are realizing the horrible effects of using fossil fuels - and need to move to cleaner energy is very high across the globe. GAIL has proved that the government organization's thinking process is minimum 30 years back-wards.

Whats fun in investing heavily for Infrastructure for a commodity, which the global society badly needs a break from? Can we continue on with the same increased rate of burning fossil fuels - and still say we are passing the world with care to our next generations? Should we need a government to invest heavy in better, efficient way to burn fossil fuel and make the world dirtier or make investments in green energy to benefit the mankind?

GAIL's project here, clearly doesn't make any sense from society well-being stand point. I believe that people at GAIL do know about all these, as lot of social well wishers, farmers made their protest in a solid fashion - despite which why should they press on going ahead with the project???


3 years ago

When GAIL can lay the gas pipeline alligned with highways in Kerala, why not they do the same in Tamilnadu also?



In Reply to PPM 3 years ago

Dear PPM, what you have said is correct. They laid the pipe near highways throughout kerala, but in tamilnadu they want to put only in farmers land. Why not in near to highways.

Karthik Duraisamy

In Reply to muthu 3 years ago

GAIL will take away agriculture land and will pay approx 10% of the market price for this land. More than the price, the agriculture land spread is already decreasing in many of southern states primarily due to less profitable situation in doing agri, and the other attractive options available for a farmer - to sell of his agri land at higher price for real estate. With human population and agriculture produce consumption on steady increase and agriculture on steady decrease - why should a society invest in a social infrastructure that would do so much harm to already decreasing agriculture?

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