-The Business Standard Cabinet decisions on fertiliser are not enough Of the two fertiliser-related decisions taken by the Cabinet Committee on Economic Affairs at its recent meeting, the token hike of Rs 50 per tonne in urea prices is inconsequential, and the new mechanism for subsidising fertiliser is problematic. An increase of less than one per cent in urea prices will do little to bring down the subsidy bill or to reduce...

-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...

-The Business Standard The default approach to reform - minimalistic and confused - will lead India into crisis  It is encouraging that the Planning Commission has undertaken an innovative exercise in scenario building for the country as part of the Approach to the 12th Five-Year Plan. The results are available in a document titled “Scenarios: Shaping India’s Future”, which can be found on the Planning Commission’s website. The merit of the document...

-The Times of India If you have a domestic help below the age of 14 years, then the authorities may soon visit your house and send her to school. The Supreme Court on Monday ordered the central and state governments to conduct a countrywide drive to identify children below 14 years engaged as domestic helps and send them to school to fulfill the mandate of the Right to Education Act for their...

-The Hindu Not a single case of an offending employer being sent to jail Taking note of the National Human Rights Commission report that 2,780 cases involving about one lakh bonded labourers have been registered, the Supreme Court has ordered a fresh survey by the States to find out the total number of such people still to be rescued from employers. A Bench of Justices K.S. Radhakrishnan and Dipak Misra, disposing of a...