The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

It will be a mistake to assume that the food security bill, in its present form, will necessarily and sharply reduce India’s embarrassingly high rates of child malnutrition. Satiating hunger and providing nutrients that are essential for healthy growth and fitness are not quite the same thing, a fact highlighted by the leading medical journal Lancet in a recent Research paper. The article says the prevalence of anaemia in India...

PM's announcement in I-Day address went unnoticed in public focus on corruption Prime Minister Manmohan Singh's announcement on Monday on setting up a commission “to make suggestions for improvements at all levels of education” has largely gone unnoticed amid the public focus on corruption. Even though his Independence Day address did not elaborate on its mandate, sources in the government indicated, the recommendations of the proposed commission should add up to...

To give the much-needed impetus to the farm sector, the Government will have its first agriculture survey this financial year in February on the lines of the economic survey. Sources said that the Agriculture Ministry’s apprehensions on the production growth to meet the National Food Security Bill’s demand have concerned the Government. Consequently, three months ago Prime Minister Manmohan Singh asked the Agriculture Ministry to carry a separate survey to give...

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...