-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

The State finds a handy tool in a colonial law to quell dissent Wrong Arm Of The Law   Why ‘sedition’ rings hollow in India 2012 The law Section 124(A) of the Indian Penal Code, 1870; non-bailable offence The definition Whoever by words, either spoken or written, or by signs, or by visible representation, or otherwise, brings or attempts to bring into hatred or contempt, or excites or attempts to excite disaffection towards the government...

-Tehelka Justice Sujata Manohar on how the Biotechnology Bill is fundamentally flawed IN THE last few years, regulatory systems across the board have been undergoing an overhaul to fit the needs of a new era. Likewise, new laws are being chalked out to meet new needs, and several are receiving flak owing to the loopholes and regressive grounds on which these have been drafted. The relatively more recent one to regulate modern...

-The Hindu The State government has ordered the increase in daily wages for beneficiaries under the Mahatma Gandhi National Rural Employment Guarantee Scheme to Rs.132 from Rs.119. Nearly 26.49 lakh persons will be benefited by the government’s gesture. This is part of the efforts made by Chief Minister Jayalalithaa, through various schemes, to improve the economy of rural households, considering the fact that villages are the lifeline of the State, stated an...

RIO DE JANEIRO: Making a strong pitch for removing poverty in India and reminding the developed world of its commitment to sustainable development, Prime Minister Manmohan Singh on Thursday called for setting up a global system that allows each country to develop according to its own priorities. "For developing countries, inclusive growth and a rapid increase in per capita income levels are development imperatives," the Prime Minister said in his...