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Interest-free banking urged

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...

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Dr MS Swaminathan, NAC member and the father of India's Green Revolution interviewed by Rupashree Nanda

Dr MS Swaminathan, NAC member and the father of India's green revolution talks to Rupashree Nanda on the food security legislation, the neglect in creating storage infrastructure and ideas like outsourcing food security issues. Rupashree Nanda: The main reason for the NAC climb down from the promised universal PDS to targeted PDS was the stated non - availability of foodgrains. Would you agree to that argument? Isn't there is not enough...

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Perils of becoming a republic of scandals by Brahma Chellaney

Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy.  India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...

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New food security report for Asia launched in Mumbai

A new food security report for Asia has been launched in Mumbai by The International Rice Research Institute (IRRI) and the Asia Society, calling for increased investment in rice research. The report, Never an empty bowl: sustaining food security in Asia, emphasizes the importance of rice as the primary staple food in Asia and a major source of income for Asian farmers. It also recommends more research on: climate change mitigation for...

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Tribals win share of mineral wealth by SPS Pannu

Faced with a massive public outcry and fierce opposition from tribals, the government has, in a landmark move, decided to give tribals and other affected populations a share of the profits made from exploiting mineral resources from their land. The Group of Ministers (GoM) headed by finance minister Pranab Mukherjee on Friday finalised the contours of the draft for a new mining bill, which makes it mandatory for mining companies to...

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