The Indian economy is picking up and should be able to expand at eight to nine per cent. It is high time that the government initiates a universal public distribution system covering at least the essential commodities. Incomes of the rich will go up and India will be a major player in the world when it revives. But the bulk of the population, about 70 per cent, will remain poor with...

The rural population is at present estimated at 85 crores. Ten per cent of the households are completely landless. Another 52 per cent have holdings of less than 0.2 hectare. The per capita agricultural land in the rural areas has come down to 0.12 hectare. According to the National Sample Survey, the annual income of an agricultural household from farming is less than Rs 12,000 and from all sources it...

At a time when the flow of institutional credit has tended to look up, pointing to economic recovery, the disbursal of agricultural credit has dipped by an astonishing 30 per cent, putting the prospects of recovery in the drought-ravaged farm sector in jeopardy. The numbers released by the National Bank for Agriculture and Rural Development (Nabard) indicate that both commercial banks and cooperative credit outlets are lagging behind their targets...

The draft agreement being discussed ahead of December’s crucial Copenhagen summit is long, confusing and contradictory.  It is a blueprint to save the world. And yet it is long, confusing and contradictory. Negotiators have released a draft version of a new global agreement on climate change, which is widely billed as the last chance to save the planet from the ravages of global warming. Running to some 200 pages, the...

Rajasthan government is planning to set up 450 generic medicines stores across the state. Rajasthan medical and health minister Aimaduddin Ahmad 'Duru Miyan' said that the state government is serious on providing affordable quality health care in the state. The prescription of generic medicines by doctors would “pierce the cartel of big manufacturers†and reduce the drug prices. The state government will also get grant from ministry of chemicals and...