The Food Corporation of India is looking to augment its storage capacity in the north-east region to ensure timely supplies for the government’s public distribution system. “Inadequate storage facility in the north-east region creates problems in ensuring regular supplies to the PDS (public distribution system),” Union agriculture minister Sharad Pawar told ET. The current storage capacity of the government’s top grain management agency in the north-eastern states is 4.58 lakh...

The two day 43rd Session of the Indian Labour Conference (ILC), the apex national tripartite body that discusses key issues affecting labour and employment and provides policy perspectives and recommendations, concluded in New Delhi today. The Conference was inaugurated by Prime Minister Dr. Manmohan Singh on Tuesday 23rd November 2010. Senior level representatives of the three pillars of the tripartism, Trade Unions, Employers’ Associations and Government, participated in the deliberations...

Soon after the monsoon was over, rains made unseasonal comeback in Nashik and nearby areas again on Diwali day. As days passed, the initial surprise turned into shock as it rained night after night, and by Sunday it had rained 525mm in November. Heavy showers and thunderstorms all over the district damaged the crops so much that nothing of the rabi (winter) crop remains. Vineyards have thrown away young berries at...

Discussions at an international forum in Russia on restoring the global tiger population from the brink of extinction have resulted in a United Nations-led alliance to fight wildlife crime and put an end to the key drivers threatening the wild cats around the world. The meeting held this week in Saint Petersburg saw the governments of 13 Tiger Range Countries agree to double tiger numbers by 2022 and the heads of...

The SKS IPO and the Andhra Pradesh ordinance have suddenly changed everything. Will it be the death knell or will it usher in a reformed and healthy industry? There are three basic facts about micro-finance in India. First, most of what is described as micro-finance industry is actually micro-loans. There is hardly any provision of micro-savings, micro-investments, micro-insurance or micro-pensions. This is mostly because of regulatory reasons, i.e. accepting money...