West Bengal: An agrarian crisis looms over the State as farmers commit suicide in spite of a bumper crop. THE topic of suicide figured repeatedly in Safar Molla's conversations with his neighbours a few days before his death. The 18-year-old marginal farmer from Kaltikuri village in Bardhaman district's Bhatar block talked about it quite casually, in fact even jocularly. Everybody in the village knew he was up to his neck in...
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India Inc plays safe; prefers lawful funding of political parties by Naren Karunakaran
The Aditya Birla Group increased its contribution to political parties about fourfold to Rs 30.5 crore in 2009-10 while the Bharti Group cut it from Rs 17 crore to zero. The two main national parties, Congress and BJP, received Rs 84 crore and Rs 82 crore, respectively, as contribution from all sources while a regional party like Sharad Pawar's NCP obtained only Rs 3 crore. The 2009-10 numbers of companies making legal...
More »Experience so far by CP Chandrasekhar
Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...
More »Lokpal among slew of anti-corruption bills on winter session table
-IANS The government on Wednesday said it is determined to pass the Lokpal bill as it unveiled its agenda for the winter session of parliament that includes a slew of anti-corruption legislations apart from the ambitious food security bill. Apart from Lokpal, other anti-corruption bills slated for consideration and passing in the winter session include whistle blower protection bill and judicial standards and accountability bill. Talking to mediapersons, Parliamentary Affairs Minister Pawan Kumar...
More »Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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