When India’s Forest Rights Act was passed in 2006, it was criticized by environmentalists who were concerned that it would undo the country’s wildlife reserves. On the flip side, tribal rights advocates were concerned that the people the law was really meant to help wouldn’t benefit. Since it came into effect in January 2008, India has blocked at least one megaproject – Vedanta’s bauxite mine in Orissa – on the grounds...

While the Sonia Gandhi-led National Advisory Council's proposal on enhanced food security hinges on higher procurement and increased reliance on the public distribution system, there is a strong view in the government that overworking a creaking system is a bad idea. In a paper circulated within the government, chief economic adviser to the finance ministry Kaushik Basu has argued that what is needed for food security to work is a reduced...

Getting rural India to register for Aadhaar, the unique identification number scheme, is going to be a rewarding experience for banks. Leveraging on the government’s financial inclusion agenda, the Unique Identification Authority of India (UIDAI) has decided to pay Rs 50 per enrolment to banks and Life Insurance Corporation of India, which are acting as its registrars, for signing up residents till March 2011. Besides, any person who is below...

Panchayat elections in Uttar Pradesh this time have seen unusual candidates jumping into the fray. There are teachers, shopkeepers, businessmen, relatives of politicians and even wives of BSP ministers. Some of them took leave from their normal work and some even sold their properties to take part in the polls. All claim they want to serve their village, block or district, but it is alleged that the lure of Money pouring...

A worried government has put on fast track the proposed bill to regulate micro-lenders, as it seeks to ensure that over-regulation by states does not kill the sector that is envisaged to play a big role in furthering financial inclusion. The finance ministry could move a bill in the winter session of Parliament that will make Nabard responsible for regulation of all non-profit microfinance institutions structured as trusts, cooperatives, or mutual...