While survivors of the Bhopal gas leak disaster have been demanding that Dow Chemical, the current owner of the Union Carbide Corporation, be held liable for the clean-up of the disaster site, the Ministry of Commerce and Industry granted approval to a project involving Reliance Petroleum Ltd and Dow Global even after apprehensions were expressed by the Ministry of Chemicals and Fertilizers. It now appears that the approval, granted shortly...
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Rangarajan panel to examine NAC suggestions on food bill tomorrow by Gargi Parsai
The experts group, chaired by chief of the Prime Minister's Economic Advisory Council C. Rangarajan, set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, will hold its first meeting here on Friday. Even as the NAC is formulating the draft Bill, the experts group will examine the proposals and come up with its suggestions. A meeting of...
More »Experts group to study NAC proposals on food security Bill by Gargi Parsai
Led by C. Rangarajan, it has been appointed by Manmohan In a significant move, Prime Minister Manmohan Singh has formed an experts group chaired by the chief of Prime Minister's Economic Advisory Council, C. Rangarajan, to examine the recommendations of the Sonia Gandhi-headed National Advisory Council on the proposed food security Bill. The move surprised members of the council who met here on Friday to discuss the draft of the National Food...
More »Media ethics why we need both panic and a pinch of salt by Shoma Chaudhury
NIIRA RADIA — owner of PR company Vaishnavi Communications, among others — is not merely a fixer in the old sense of the word. She is a thermometer reading for a very ill society. In April this year, a clutch of mysterious documents had made their way to several media houses. At face value the documents seemed a synopsis of phone conversations between Niira — a powerful lobbyist for Mukesh...
More »Govt plans microfinance regulatory bill
The government proposes to introduce a bill to regulate microfinance institutions (MFIs), accused of aggressive loan recovery practices, minister of state for finance Namo Narain Meena said on Tuesday. The move follows tight scrutiny of the fast-growing, largely unregulated, small loans sector after fears of large-scale defaults due to high interest rates and reports of suicides due to mounting debt. “The Department of Financial Services proposes to introduce the Micro Finance (Development...
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