-Newsclick.in Despite providing capital for an economically and socially disastrous project, World Bank’s International Financial Corporation has claimed immunity from legal action. A fishing community in Kutch, Gujarat, has moved several courts in the United States seeking damages from the International Financial Corporation (IFC). The IFC is the private investment lending arm of the World Bank Group, and is hiding from legal action behind an immunity law. The claims were dismissed by the...
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Jean Dreze, development economist and social activist, interviewed by Rupashree Nanda (CNN-News18)
-News18.com In an interview with News18’s Rupashree Nanda, Dreze, who was a member of Sonia Gandhi’s National Advisory Council and an architect of the National Employment Guarantee Act (NREGA), says that there have been no major initiatives in the social field in the last four years, with the partial exception of Swachh Bharat. Government data reveal that the Indian economy is growing at a robust rate but noted economist Jean Dreze believes...
More »Fuel prices hit new high, no relief in sight for consumers -Sanjay Dutta
-The Times of India NEW DELHI: There’s no respite in sight for fuel consumers as pump prices remain on a record-breaking spree as crude clambers towards $80(approximately Rs 5,314) a barrel-mark in a market edgy over US bailing on Iran nuclear deal, outages in Venezuela and uptick in demand. Petrol and diesel prices scaled new peaks on Tuesday as benchmark crude rose to $75(approximately Rs 5,000)a barrel, its highest since November 2014. In...
More »Wells in tribal villages of this Maharashtra district are always dry due to impractical water schemes -Mayuresh Ganapatye
-IndiaToday.in Mumbai: While the Indian Meteorological Department's (IMD) prediction for a good monsoon is a relief for farmers and drought affected villages, there are many tribal villages near Mumbai that face water shortage. These villages are completely dependent on government water tankers as wells have become parched. Every day the women of Dhamni village in Mokhada district gather at 6 am in anticipation of the government water tanker that comes here daily. However,...
More »Delhi HC blow to Monsanto on patent for Bt cotton seed technology -Sayantan Bera and Aditi Singh
-Livemint.com Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto, and any royalties on GM crops will be decided by the agriculture ministry, says Delhi high court New Delhi: Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto Inc., and any royalties on genetically modified (GM) technology will be decided by a specialized agency of the agriculture ministry, the Delhi high court...
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