The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

The centre of the Commonwealth Games (CWG) scam has shifted from Suresh Kalmadi to Sheila Dikshit, the high-profile Delhi Chief Minister who brought the Congress electoral victory three times consecutively in the capital. And it’s not only because the BJP is demanding her head in return for offering BS Yeddyurappa’s in Karnataka. Two reports on the conduct (or misconduct) of the Commonwealth Games — one by VK Shunglu and another by the...

IF YOU walked down the streets of Jantar Mantar in New Delhi between 3-5 August, you would see what TV cameras aren’t putting out on primetime news. Thousands of farmers from Jhabua in Madhya Pradesh to Rohtak in Haryana. On protest. Against the systematic grabbing of their land by various state governments across the political spectrum. On one side of the road, on large green carpets, are about 3,000 farmers,...

If Rajiv Gandhi were alive, he would have been delighted to see his view on leakages confirmed by a research study on the public distribution system [How Can Food Subsidies Work Better? Answers from India and the Philippines by Shikha Jha and Bharat Ramaswami (http://www.adb.org/documents/working-papers/2010/economics-wp221.pdf)]. The ADB study showed that the deserving poor in India received only 10 per cent of the benefits from the system. Nearly twice accrues to...

After sliding a mile backward into a morass, Karnataka'smining sector has just been shoved a metre forward. Since it has taken an almighty effort by the judiciary and a quasi-judicial body, the Lokayukta, to accomplish even this much, what hope is there for a sector that is vital for Karnataka's and India'sindustrial development?? Will the sector - represented by mining firms, traders, transporters, government agencies - slide back deep into...