-The Hindu Developed countries pledge no funds; EU feels it was a waste of time Union Minister for Environment and Forests Jayanti Natarajan smiles when she says India’s known stand on climate change mitigation has been accepted. But the smile is replaced by a frown when someone asks if the developed countries have pledged any money to help the developing countries. No, she says, adding valiantly that India does not want to commodify...

-The Hindu Food Ministry wants to limit grain procurement to the needs of PDS More than 6.6 million tonnes of wheat meant for the public distribution system, is lying in the open, running the risk of damage from rain, Minister of State for Food and Public Distribution K.V. Thomas admitted here on Thursday. The government’s priority was to evacuate the wheat, he said. Faced with a problem of plenty, the Food Ministry wants to...

-The Times of India It was meant to showcase the government's new-found resolve to push the reforms agenda in order to stanch the declining growth rate and to repulse the perception of governance freeze. Instead, it ended up publicizing yet again the government's vulnerability as well as its reluctance to speed up decision making at the cost of angering allies on the eve of presidential poll.  The UPA on Thursday withdrew its...

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

Cabinet clears change in divorce law: Women to get part of husband’s property In a move that could be a setback to land acquisition for commercial use, a parliamentary committee unanimously recommended that the government should not acquire land for industrial, commercial or for-profit enterprises or private companies. Instead, the panel, which has proposed legislation favouring landowners, recommends that private companies and public-private partnerships would have to buy land in the open...