Kerala govt. annuls agreement with U.S. firm

The Kerala government has invalidated the Kerala Shipping and Inland Navigation Corporation’s (KSINC) controversial agreement with a U.S.-based firm, EMCC International, to build and operate a deep-sea trawling fleet to harvest the marine wealth off the coast of Kerala. In one stroke, the government has also attempted to stymie the Opposition’s political gambit to stir up resentment against the ruling front for entertaining an investment proposal that seemed at odds with the vast coastal community’s inalienable right to harvest their traditional fishing grounds exclusively.