All real estate transactions will have to be reported to the country's anti- moneylaundering agency once the government amends a key law that seeks to curb black-money transactions. The government plans to amend the Prevention of Money Laundering Act , which will require property registrars to file data of transactions recorded by them with the Financial Intelligence Unit, or FIU, a finance ministry official said. "The scope of the (Prevention...
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Pawar wants nutrition and food security to go hand-in-hand; takes no stand on GM
India still has a long way to go in achieving food and nutritional security, albeit the country has achieved record production with 5.4% growth in agriculture and allied sector. This was corroborated by Sharad Pawar, minister of agriculture and food Processing, while addressing the National Conference on Agriculture for Kharif Campaign-2011 in New Delhi recently. "Record production with 235.88 Mt of foodgrains in 2010-2011 should not lead to complacency as we...
More »Hazare rejects Pawar's offer to quit from Lokpal Bill GoM
Veteran social activist Anna Hazare, who is continuing with his hunger strike demanding enactment of an anti-corruption bill to give wider powers to the Ombudsman, on Wednesday rejected Union Agriculture and Food Processing Industries Minister Sharad Pawar's offer to quit from the Group of Ministers (GoM) meant to look into the amendments required in the Lokpal Bill. 72-year-old Hazare criticizing the NCP leader said Pawar should quit his ministry anyway. Pawar today...
More »Jairam Ramesh for minimum support price for minor forest produce by Urmi A Goswami
In an effort to wean away tribals from the Maoists, the Environment Ministry is pushing for a minimum support price for minor forest produce like bamboo and tendu patta. Environment Minister Jairam Ramesh is taking up the matter with Finance Minister Pranab Mukherjee . A minimum support price (MSP) for minor forest produce (MFP) would help increase the earnings of the tribal population. At present, the more valuable items of minor forest...
More »Securing food for an emerging India by Rana Kapoor
The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
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