As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...

-The Hindu   Human rights activist Binayak Sen said here on Monday that there was no question of his being a Naxal sympathiser. “Neither am I a Naxal sympathiser nor [an] opposer of Naxals,” Dr. Sen told journalists at the Press Club. “I believe that violence, either of the state or the non-state actors, does not cure any problem,” he said. Launching a scathing attack on Salwa Judum, he said that it...

India is today the world's largest importer of arms. These include fighter jet planes, missiles and radar systems for strategic partnerships and geo-political power. India is also investing in security and surveillance to combat foreign threats and resistance from its own people in places like the Kashmir valley, and the North East and tribal regions of Central India. This provides tremendous opportunity for multi-national corporations to sell and invest in...

Washington-based Freedom Institute has expressed concern over the decreasing freedom of expression on the Internet in India. The Institute, which put India in the company of states like China, Egypt and Iran which saw a deterioration of freedom of expression on the Internet since the 2009 report, highlighted the tightening of surveillance and prosecution of online posts. India’s freedom index declined from 34 in 2009 to 36 in 2011, reflecting the...

DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...