India should look at renewable energy to meet its power needs, Environment Minister Jairam Ramesh has said. In a letter to Prime Minister Manmohan Singh last week, Ramesh drew his attention to a World Bank report on renewable energy in India. The report suggests that renewable energy is an important part of the solution to India's power shortage. The letter gains significance as the coal and power ministries have cited growth...

What can make a real difference to food prices is determined international action to increase food production in regions that are richly endowed with land and water resources High food inflation has been the source of major concern in India for more than a year. Soaring food prices have been the cause of unease internationally as well. A Food and Agriculture Organisation (FAO) press release of 3 March, 2011 indicates that...

The Fukushima disaster has prompted calls to review legislation passed by the Indian parliament in August 2010 that capped compensation payable, in the event of a nuclear accident, at 320 million U.S. dollars. "Fukushima showed what the potential damage from an accident could be," M.V. Ramana, physicist and well-known commentator on nuclear energy safety issues, told IPS. "The economic damages [at Fukushima] must have certainly exceeded the compensation allowed in the nuclear...

DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...

The earlier draft covered only non-NBFC MFIs incorporated as trusts and non-governmental organizations that constitute a very small part of the total industry The proposed microfinance Bill for governing India’s Rs. 22,000 crore microlending industry is set to give more teeth to the Reserve Bank of India (RBI) to regulate larger microfinance institutions (MFIs). This will be done by removing such entities from the purview of laws enacted by state governments...