Eminent economist and Vice-Chairman of the Kerala State Planning Board Prabhat Patnaik said on Saturday that the euphoria in official circles over financial inclusion has risen because of the “systematic scaling down of institutional credit to the peasantry and other productive sectors in the last two decades”. Delivering the centenary lecture dedicated to the memory of Prabhat Kar, a pioneer of the trade union movement in the banking industry, Mr....

Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...

Growing organic foods is a matter of individual or enterprise preference “Though organic farming today seems a desirable proposition in increasing food production it is not entirely feasible because enough organic manures are not available in our country to meet the requirements,” says Dr. K. Kumaraswamy, former Professor of Soil Science, Tamil Nadu Agricultural University, Coimbatore. “Growing organic foods are a matter of individual or enterprise preference. If one wants to do...

There’s no doubt about it, this is incredible India all right. Where else in the world would you get judges of a high court treating a deity as litigant in a legal case? And then, because the said deity, otherwise referred to as Ram Lalla in the judgment, is to be treated as a minor (was this the only reason He did not appear in court himself?) where else would...

The RTI activist organisations have taken their protest against the latest order of the UP government to move vigilance department out of the purview of the RTI Act a step ahead. A writ has been filed on Tuesday by the National RTI Forum in the Allahabad High Court, Lucknow bench. The writ is against the notification dated September 22, 2010 issued by principal secretary, Vigilance, UP through which the vigilance department...