After Congress chief Sonia Gandhi mooted a five-point plan at the recent AICC plenary session to put in place a system to confront corruption, the Centre is considering an ordinance to tighten the anti-corruption regime against politicians. The Congress core group on Friday discussed the possibility of the new law which would tighten the rules to punish corrupt politicians and counter the popular belief that the system was created to benefit...

Dalit entrepreneurs will make a historic journey to Delhi next week for a pre-budget meeting with Planning Commission deputy chairman Montek Singh Ahluwalia. This is the first time that business leaders from the country's most marginalized communities will be included in the government's budget consultation process. The meeting is scheduled for Monday afternoon with 40 entrepreneurs from different parts of the country expected to attend. It marks the emergence of a...

The Centre is planning to increase the spending on social activities with a rise in government revenue, Finance Minister Pranab Mukherjee said here today. "With rise in government revenues we will increase it further," he said at the inauguration of a Union Bank branch in the Murshidabad district. The government is keeping aside a major portion of the budget for social activities and this share is going up from Rs 2.43 lakh...

In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears.   As the year comes to an end, an embattled government and the Union agriculture ministry stood...

FAO has warned that 2011 may witness a global food crisis. Proactive action is needed to meet the challenge of price volatility, chronic hunger, agrarian despair and climate change. The Food and Agriculture Organisation of the United Nations (FAO) has alerted developing countries about possible steep rises in food prices during 2011, if steps are not taken immediately to increase significantly the production of major food crops. According to FAO, “with...