The fertiliser ministry may seek more funds from the finance ministry to meet its subsidy obligations as it needs more than the allocated amount to take care of the rising subsidy bill, a top official said.  "We have already received 17,700 crore in addition to the budgetary allocation of around 50,000 crore. But we still need more funds, and the amount will be finalised in consultation with the finance ministry," said...

The commerce ministry will announce rules to simplify and rationalize procedures to revive special economic zones, hoping to draw investors to these enclaves once touted as centres of export excellence.  The changes, which will be notified in a week, could include a reduction the minimum-area requirement, easier vacancy and contiguity norms and allowing multi-product SEZs in sector-specific zones.  "There will be reforms and changes in policies pertaining to SEZs mainly to simplify...

India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...

Third report in three months to highlight lack of quality education in India; poses risk to knowledge hub hopes Nearly two years after the Right to Education (RTE) Act was introduced with the promise of providing free and compulsory education to all primary school children, the learning outcome in the country has actually deteriorated in terms of quality. In yet another wake-up call for policymakers, the 2011 Annual Status of Education Report...

It would be grave folly to recoil from the N-option, our safest Nuclear Is Clear     The world needs cheap energy and, as of now, nuclear plants are the most efficient means to that end     Switching to fossil fuel sources will add to global warming. In extremis, the oceans could boil away.     The lesson from Fukushima is no worse than that tsunamis are a danger to everything in their path *** After the...