Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...

The team took part in side events, held ralliesAlso highlighted the significance of small-holderA delegation of non-government organisations assembled under the banner “Beyond Copenhagen” has returned here from Cancun, Mexico, after making interventions for bringing agricultural and food security issues to the mainstream climate negotiations at the 16 {+t} {+h} U.N. Climate Summit. The team took part in the side events, held rallies and lobbied with negotiators during the much...

An expert committee set up by the Prime Minister is to examine tomorrow recommendations of National Advisory Council (NAC) on the proposed National food Security Bill."In tomorrow''s meeting, we are going to discuss about the differential foodgrains entitlement scenario and the feasibility of increasing production and procurement," a senior government official told PTI.In the first meeting, there was a general discussion on the proposals made by the NAC. In tomorrow''s...

The silence at Cancun on the future of the Kyoto Protocol has cast a cloud of uncertainty over the emission trading business (carbon credits) in India.Experts are interpreting the situation in different ways, with the overall view being that the emission trading business has to stay in one form or the other, if carbon emissions are to be reduced. However, for now, the $2 billion per year market for Indian...

Differences between the National Advisory Council (NAC), headed by Congress party president Sonia Gandhi, and the government over the food security Bill have begun to narrow, but a suggestion by the agriculture ministry to offer cash to poor consumers in case sufficient foodgrain isn’t available remains a contentious issue.“We do not have any serious objections to the recommendations of the NAC. But the ministry wants to have the provision for...