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...
More »SEARCH RESULT
New draft of MFI Bill to give more teeth to RBI by Dinesh Unnikrishnan
The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...
More »Stricter norms to decide centre's NREGA allocation to states by Devika Banerji
State governments will have to abide by stricter rules to receive money from the centre for the rural employment scheme in the next financial year 2011-12. The centrally sponsored Mahatma Gandhi National Rural Employment Guarantee Scheme ( MGNREGA )) has been one of the biggest drivers of rural consumption in the country. Stricter measures of fund release might lead to lower transfer to states at a time when high interest rates are...
More »Poverty norm or calorie norm? by Swarna S Vepa
Kerala and Tamil Nadu with the lowest calorie consumption seem to show better health outcome indicators This report, a joint initiative by the MS Swaminathan Research Foundation — an institution with a remarkable long term commitment to issues related to food security — and the United Nations World Food Programme, should serve as an excellent hand book on urban food insecurity. Aside from providing all the relevant information in a consolidated...
More »Corrupt means taint the nuclear deal by Brahma Chellaney
The new bribery revelations, a rigged process to import reactors and safety-related concerns must lead to the long-blocked scrutiny of the nuclear deal by Parliament. The world's worst nuclear accident since Chernobyl raises troubling questions about India's plans for a huge expansion of its nuclear power programme through reactor imports. Given its low per-capita energy consumption, India must generate far more electricity to economically advance. So it needs more nuclear-generated power....
More »