-The Business Standard MSP for forest produce may not work The government’s proposal to set up a minimum support price (MSP) commission to fix assured prices for minor forest produce has pros as well as cons, which need to be weighed carefully before a final call is taken. The proposal envisages the forest MSP panel as having its own elaborate establishment, allowing it to set minimum prices for non-timber forest produce while...

-IANS Prime Minister Manmohan Singh Friday approved setting up a monitoring system to fast track implementation of major projects with outlay of over Rs.1,000 crore, a day after the official data showed contraction in manufacturing activities. "In order to address the issue of major investment projects being delayed for a variety of reasons, the Prime Minister has approved setting up of an Investment Tracking System to ensure speedy implementation of such projects,"...

Government should consider a freeze on mining in Naxal-hit areas, tribal affairs minister V Kishore Chandra Deo has said. Deo clarified that he was not against the industry or economic development, but unresolved land rights and mining were principle causes of alienation among tribals. This gave Maoists a toe-hold to exercise control over the area and local population. “To a certain extent, unrest among the tribal population can be traced to...

Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers. Among the top five states, Bihar is followed by Delhi and Puducherry. Mineral-rich Chhattisgarh, which many had...

Andhra HC judgment redefines the complex relationship between religion, caste and reservations The recent judgment of the Andhra Pradesh high court that sets aside a sub-quota of 4.5 per cent for “socially and educationally backward classes of citizens belonging to minorities” within the 27 per cent reservation for OBCs reminds us of the contested notion of backwardness in the Indian context. Highlighting serious concerns regarding the ways in which social backwardness...