Nobel Laureate Muhammad Yunus resigned as managing director of Grameen Bank, the micro-credit network he pioneered, expressing the hope that it would retain its "independence and character". The government has rejected the demand by the bank's directors that Yunus be made the bank's chairman and has also turned down the argument of the bank being "independent", saying it is subject to the laws governing the banking sector. In his resignation letter made...

India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation, but India needs to...

Representatives from 127 governments have agreed to add endosulfan to the United Nations' list of persistent organic pollutants to be eliminated worldwide. The action puts the widely-used pesticide on track for elimination from the global market by 2012. The decision was among more than 30 measures taken by Parties to the Stockholm Convention on Persistent Organic Pollutants to strengthen global action against POPs at their meeting in Geneva last week. The...

As the joint drafting committee begins work on the Lokpal Bill, its civil society members face challenges from various quarters. AS the leader of the five-member civil society group within the 10-member joint drafting committee to prepare the new Lokpal Bill, Anna Hazare finds himself in an unenviable position. After his successful agitation for equal participation for civil society in the legislative exercise to create the first Lokpal at the Centre,...

While discussing the question of including the higher judiciary under the proposed anti-corruption Lokpal Bill, government representatives on the joint draft committee on Saturday pointed out that two former Chief Justices, M.N. Venkatachaliah and J.S. Verma, had opined in a public consultation that the higher judiciary should be kept out of the ambit of the bill. Members of the civil society cited instances where applications to look into charges of corruption...