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Farmers on indefinite hunger stir

Farmer leader Manveer Singh Tevatia on Monday announced that he along with his supporters will sit on a fast unto death at Jantar Mantar in New Delhi from December 1 in support of their demands to amend the Land Acquisition Act 1894 and to implement UP government's new land acquisition policy with retrospective effect from 1997. The demands also include right to decide the rate of the land-to-be-acquired should be...

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India wants US on board at Cancun

India aims at bringing United States back on board at Cancun climate talks but has termed its offer on climate mitigation as “homeopathetic”. To clinch US, India has two proposals. First, which appeals to the United States, is on measurement review and verification (MRV) regime. India has proposed that nations, whose emissions are one% or more of the global average, should allow verification of their domestic mitigation commitments through a United...

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Battle lines drawn for Cancun climate conference by Richard Ingham

Familiar battle lines emerged on Sunday on the eve of a conference to restore the credibility of the UN's talks on climate change after last year's near-disaster in Copenhagen. Campaigners said the interests of the environment and poor countries would not be sacrificed to help boost the faltering process, while the European Union (EU) called on China, the United States and India to agree to "fair" curbs on their carbon emissions. Nearly...

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Climate change conference begins today in Cancun by Meena Menon

Focus may be on forestry issues and reducing emissions from deforestation This beach resort, swarming with tourists and sports utility vehicles and having opulent hotels and evident unsustainability, may not be the ideal place for a climate change conference but the real issues of climate change are too critical not to be debated anywhere. The United Nations Climate Change Conference that gets under way here on Monday may not result in much...

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Govt plans microfinance regulatory bill

The government proposes to introduce a bill to regulate microfinance institutions (MFIs), accused of aggressive loan recovery practices, minister of state for finance Namo Narain Meena said on Tuesday. The move follows tight scrutiny of the fast-growing, largely unregulated, small loans sector after fears of large-scale defaults due to high interest rates and reports of suicides due to mounting debt. “The Department of Financial Services proposes to introduce the Micro Finance (Development...

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