The government will recast the Mahatma Gandhi National Rural Employment Guarantee Scheme, to give it a welfare edge, following criticism that it was disconnected from people's concern over corruption, high food prices and inflation. The attempt will be to make it more responsive to people's needs and increase earnings of the rural poor. The reform attempts to make the scheme truly demand-based, besides addressing issues of fraud, misuse of funds, corruption...

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...

One started reading the new Draft National Land Acquisition and Resettlement and Rehabilitation Bill 2011 with expectations of a great improvement over the 2007 Bills. There are indeed some very good features in the new Bill but, on the whole, one must regretfully report disappointment. Let us see how the Bill deals with some of the key issues involved. (i) Acquisition of agricultural land: The Bill rules out the acquisition, not...

-The United Nations   Faced with increased poaching and illegal trade in ivory and horns of elephants and rhinoceroses, 300 government and civil society experts worldwide are seeking to strengthen conservation with new financial mechanisms at a United Nations-backed meeting in Geneva this week. “Innovative financial solutions are required to achieve the huge conservation task before us,” John Scanlon, Secretary-General of the Convention on International Trade in Endangered Species of Wild Fauna and...

Farmers in Gadag district who succeeded in making the government revisit its decision to acquire land for housing South Korea’s Posco Steel Company, are now facing the prospect of their land being acquired for setting up agro-based industries. The government has decided to keep land ready in view of the Global Agri-Business Investment and Food Processing Meet 2011. This time, instead of Halligudi, over 3,800 acres in Petalur, Jantli-Shirur and Mevundi...