The Prime Minister, Dr Manmohan Singh, on Friday reviewed the progress towards financial inclusion by banks in India. Dr Singh was briefed on the efforts being made by banks to reach banking services through information and communication technology based models and banking intermediaries to 73,000 rural habitations having population of over 2000 as per the 2001 census by March 2012. The Prime Minister also reviewed the safety and security measures...

Fewer children are dying before they reach their fifth birthdays, with the total number of under-five deaths falling by one third in the past two decades, according to fresh estimates by the United Nations Children’s Fund (UNICEF). Between 1990 and 2009, the number of children below the age of five who died annually fell from 12.4 million to 8.1 million. The global under-five mortality rate dipped from 89 deaths per...

Ahead of the Millennium Development Goals Summit next week, India has expressed confidence that it would be able to reach its social and economic goals by the 2015 deadline. "India will not only have met the goals but it will be a shining example for other countries, Hardeep Singh Puri, India's envoy to the UN told PTI. "There is concern about some of these targets," Puri added, referring to child and maternal...

Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of Parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...