Stating that about 70% of the farming community in the country is still out of the reach of banks, MP Pralhad Joshi said co-operative banks should try to bring more farmers under the banking network, thereby giving a boost to the agricultural sector. Speaking at the 75th anniversary celebrations of Hubli Primary Co-Operative Agriculture and Rural Development Bank here on Sunday, he said whatever financial facility the government is extending towards...

The ministry will soon introduce a system to get a third party to conduct environmental assessments for projects in ecologically sensitive areas like wetlands or projects that involve multiple sectors, he said. "Frankly speaking, environmental impact assessment reports prepared for projects are bit of a joke. Under the system we have today, the person who is putting up the project prepares the report. Even reputed government institutions do cut and paste...

By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

The International Labour Organisation has done well to include a draft convention on decent work for domestic workers in the agenda for the 100th session of the International Labour Conference, scheduled for June. For centuries the domestic workers have lived along the margins of the international workforce. Well-documented reports by the ILO and other organisations point to the universality of their woes. Entirely informal in nature, domestic work, at its...

It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...