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Microfinance: India considers rate cap on loans to poor by Amy Kazmin

In India, commercial banks, both public and private, are required to direct a large chunk of their net credit to designated “priority sectors” seen as having a positive impact on India’s economy, and wider society – to ensure funds flow into areas the government deems important, but might otherwise be neglected. These sectors – designated by the Reserve Bank of India – currently include broad areas of agriculture, small scale industries,...

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The Posco question by Praful Bidwai

The government must stop dilly-dallying over the project and apply the law regardless of the fact that it is India's single largest foreign investment proposal. TWO giant metallurgical projects, both in Orissa. Both promoted by big multinational corporations with tremendous influence. Both opposed by environmental and tribal rights activists because they would displace vulnerable people and destroy fragile ecosystems. Both backed strongly by State-level and national lobbies that claim they...

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Dependence on borrowed research has cost us: Jairam Ramesh

Even as the Indian Network for Climate Change Assessment — dubbed “the Indian Intergovernmental Panel on Climate Change (IPCC)” — released its first report on the impact of climate change in four regions of the country, it admitted that significant research gaps and lack of extensive databases were hampering Indian climate science. Long-term localised data was not available on vegetation and forest cover, socio-economic trends, farm inputs, pests and crop diseases,...

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Malaria threat looms large over NE

In what could mean danger signals for malaria stricken North-Eastern region including Assam, a new report has said that opportunities for malaria transmission is likely to linger long enough even as the disease is projected to spread to new areas in the Himalayan region. In the North-Eastern region, there is a likelihood that the windows of transmission of malaria may increasingly remain open for at least seven-nine months and may even...

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India's climate change report to be released Tuesday

The country will release its first assessment report on Tuesday, on the impact of climate change on agriculture, health, water and forests in four regions of the country. The report, covering the Himalayas, the Western Ghats, the coastal zone and the northeast has been prepared by the Indian Network for Climate Change Assessment (INCCA) comprising 220 scientists from 120 research institutions across the country. "We need to know what would be...

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