The National Food Security Act shall be rolled out starting next financial year spread in phases running up to the parliamentary elections, in what could be an attempt to do the loan-waiver trick in 2014. The government has finalized the bill bringing it substantially closer to the National Advisory Council recommendations. The government has resolved most of the issues that had been in contradiction with the NAC advice and intends to...

It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...

Even as the details given by France on Swiss bank accounts of Indians continue to cause ripples back home, Denmark and Finland have passed information about another 2,000 bank accounts to India, prompting the I-T department to launch an investigation. Sources said the I-T department's Directorate of Criminal Investigation (DCI) has been asked to probe these accounts. This is the third instance when foreign countries have shared details with Delhi about Indian...

Coming months ‘crucial' The International Labour Organisation has warned that a jobs crisis caused by the slowdown in the global economy threatens a wave of widespread social unrest engulfing both rich and poor countries. Highlighting the darkening prospects for employment, the Geneva-based ILO said policymakers were running out of time to head off a double-dip recession in labour markets. “We have reached the moment of truth,” said Raymond Torres, director of the...

The contentious issue of finance will be among the key items that will take centrestage at the UN-sponsored climate talks in Durban. Predictable and continuous funding to undertake steps to tackle climate change lies at the core of a balanced global deal. At the pre-conference meeting, South Africa said that the Durban meet should go beyond operationalising the Green Climate Fund agreed on at the Cancun meet. Pretoria indicated that...