Representatives from more than 60 countries gathered in Rome today for a United Nations-backed meeting to promote the international treaty considered essential for the conservation and use of the world’s threatened plant genetic resources.The International Treaty on Plant Genetic Resources was adopted by the Conference of the UN Food and Agriculture Organization (FAO) in 2001 to facilitate international cooperation and the fair exchange of genetic resources.The treaty’s Benefit-sharing Fund (BSF)...
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Increasing cases of irregularities in MGNREGS
The Ministry received 153 complaints of irregularities in the implementation of MGNREGA up to 2007-08; 645 complaints in 2008-09; 528 complaints in 2009-10 and 272 complaints in 2010-11 so far. With a view to make the scheme more accountable, the following steps have been taken by the Ministry:(i) States have been asked to deploy adequate number of dedicated staff with the implementing authorities. Administrative expenses, out of which salary of such...
More »Panel proposes UID-linked direct subsidy by Utpal Bhaskar
The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
More »Government asks banks to submit MFI loan, NPA data by Manojit Saha
Two months after the crisis in the microfinance industry broke out, resulting in the possibility of bank loans to the sector becoming non-performing, the government now wants to do a reality check. Last evening, the finance ministry dashed off a letter to public sector banks, Small Industries Development Bank of India and National Bank for Agriculture and Rural Development, asking them to furnish data on how much exposure they have to...
More »Agreement on new emission cut regime unlikely at Cancun by Meena Menon
The sights are set on smaller, though just as important, issues With the first commitment to emission reductions under the Kyoto Protocol expiring in December 2012, the world is looking to a new regime of cuts, which is unlikely to be successfully negotiated here. In 2009, the U.N. Climate Change Conference in Copenhagen set a target of achieving a binding treaty and it did not happen. Now the sights are set on...
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