The absence of a law regulating surrogacy makes India, especially Anand, a top destination for couples from abroad. UNTIL about 2008, the future looked bleak for Sharadaben Solanki. A landless daily-wage worker in Anand, Gujarat, she earned a paltry Rs.600 a month. Her husband earned an equal amount working as a construction labourer. Together the couple supported three children and their parents. That was when she heard from Maganbhai, the owner of...
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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai
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...
More »Land acquisition bill in monsoon session of Parliament will go a long way in addressing contentious issues by Prabhakar Sinha
Land is the most important ingredient for the development of real estate and infrastructure. For quite some time now, land acquisition had become a contentious issue in the country, which has threatened not only the industrial development but also planned growth of cities in the country. In this backdrop, the central government's decision to introduce a land acquisition bill in the monsoon session of Parliament will go a long way...
More »MFIs: Still in the doldrums by Shruti Sarma
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...
More »Will enact law to ban bandhs in Bengal: Mamata by Sabyasachi Bandopadhyay
Reacting to the bandh in West Bengal called on Friday by various trade unions in support of a demand for wage revision of tea garden workers, Chief Minister Mamata Banerjee declared that she would ban general strikes in the state by enacting a law. Banerjee reacted sharply to the strike that caused major disruptions in public life in Jalpaiguri, Terai and Dooars region. “In the name of bandh, hooliganism is going...
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