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Farmers' suicides reflective of death of rural banking by G Arun Kumar

Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...

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CAG to depose before PAC on 2G report today

Amidst a high-pitched BJP campaign for a JPC probe into the 2G spectrum allocation scam, Comptroller and Auditor General (CAG) Vinod Rai is all set to appear before Public Accounts Committee (PAC). PAC is scrutinising the sensational CAG report, claiming massive irregularities in the telecom deal. Rai, according to sources, will depose before the PAC on Monday. Interestingly, PAC chairman Murli Manohar Joshi, a senior BJP leader, has started going about...

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Unlocking the potential of rural unorganized sector

When we talk of India's mammoth work force, be it in rural or urban scenarios, what comes to mind is the 'unorganised' sector. They form the multitudes that do not 'belong' to a sector governed by a slew of measures in accordance with labour laws or employment terms defined by policy measures. These are the multitudes, which fall outside the ambit of Central Government legislation pertaining to wages and salaries....

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India-EU Deal Threatens Mom-and-Pop Retail by Ranjit Devraj

Retail giants pushing the European Union-India free trade deal promise consumers a "new and dynamic retail experience" but ignore the fate of India’s "mom-and-pop" stores and some 40 million people they employ. Four years in the making, the EU-India Bilateral Trade and Investment Agreement made serious headway during Indian Prime Minister Manmohan Singh’s visit to Brussels Dec. 10 and is due to be signed and sealed early 2011. But the negotiations have...

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Land to be acquired only with the consent of farmers in Gujarat by Manas Dasgupta

In a bid to encourage farmers to part with their land for industrial development, the Gujarat government has formulated a new land acquisition policy to make them partners in the development. Announcing this, Minister of State for Industries Saurabh Patel said the State-owned Gujarat Industrial Development Corporation (GIDC) henceforth would acquire land only with the “consent” of the concerned farmers, pay them at the prevailing market price, and give them a...

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