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Panel for lower interest on farm loans by Gargi Parsai

A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

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Aware of corporate nervousness over phone tapping: PM

Prime Minister Manmohan Singh Tuesday said he was aware of the "nervousness in the Corporate sector" over phone tapping and asked cabinet secretary KM Chandrasekhar to look into the matter and submit a report within a month. "I am aware of the nervousness in the Corporate sector arising out of the powers conferred upon the government authorities to tap the phones for protecting national security and preventing tax evasion and money...

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Prashant Bhushan, senior lawyer interviewed by Sheela Bhatt

Since the last few years, Prashan Bhushan, senior lawyer, has fired up the Indian political scene through his missionary legal practice.In the legal fraternity he is a loner because he is, always, on the wrong side of the power set up in New Delhi. In fact, when one meets the slow and soft-speaker, he hardly looks like a lawyer who is capable of shaking-up the government and its cronies.But, his...

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Workshop highlights social exclusion of children

Social exclusion of children belonging to marginalised groups and barriers to children's access to their rights-based entitlements were highlighted as crucial issues confronting the society at a workshop on children's rights here recently. Activists said children being forced to work as labourers was an “abysmal failure” of all institutions.The day-long workshop was organised jointly by Save the Children, Prayatna, Society for All Round Developemnt (SARD), Consumer Unity and Trust Society...

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Anatomy of Indian capitalism by Himanshu

Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...

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