The ministry will soon introduce a system to get a third party to conduct environmental assessments for projects in ecologically sensitive areas like wetlands or projects that involve multiple sectors, he said. "Frankly speaking, environmental impact assessment reports prepared for projects are bit of a joke. Under the system we have today, the person who is putting up the project prepares the report. Even reputed government institutions do cut and paste...

Just reclassified Rs 1.46 lakh crore of spending as capital investment. Finance Minister Pranab Mukherjee’s Budget for 2011-12 seems to have used a new accounting system to make a virtue of necessity. Committed to provide funds to run the Mahatma Gandhi National Rural Employment Guarantee Scheme or MGNREGS, Mukherjee has transferred the entire financial allocation for the scheme under a head that will now help him take credit for a reduced effective...

“Budget is more than a document of income and expenditure. People expect it to tackle the twin problems of poverty and social injustice while ensuring better income and standard of living.” Country’s first woman Finance Minister of any state government, Upinderjit Kaur, said this while presenting her first budget and last of the present Akali-BJP government on Monday. With the state slated to go to polls early next year, the Rs...

Why don’t we see more Indian language content on the internet? For instance, there are over 200 odd million people who can read and write in Hindi. But Hindi doesn’t figure in any listing of the top ten languages used on the internet globally. Japanese, a cussedly difficult language to read or write, makes it to the top five. This, from a country with less than one-tenth the population of India. It...

Forty years ago Monkombu Sambasivan Swaminathan helped rescue the world from growing famine and a deepening gloom over the future of food supplies. Today, public policy projects itself as pro-farmer but it does it half-heartedly, complains Swaminathan. M S Swaminathan, member of the National Advisory Council and father of the Green Revolution says the government's allocation for agriculture is insignificant. Doesn't the Union Budget reflect a new focus on agriculture?...