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What the Durban deal means

-The Telegraph   The main points agreed upon in the Durban talks: Kyoto protocol extension After the failure of Copenhagen in 2009 to come up with a new, internationally-binding deal and only incremental progress a year later in Cancun, a partial legal vacuum had loomed as drafting a new UN treaty is extremely time-consuming. Sunday’s deal extends Kyoto, whose first phase of emissions cuts run from 2008 to the end of 2012. The second commitment...

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Govt plans merger of more regional rural banks by AJ Vinayak

Following a move by the Central Government to further amalgamate regional rural banks (RRBs) in the country, employee unions are demanding the formation of a National Rural Bank of India (NRBI), by amalgamating all RRBs and de-linking of RRBs from the sponsor banks. Ministry view In a letter dated November 28 to the chairmen of sponsor banks of RRBs, the Department of Financial Services, Ministry of Finance, said that currently there are...

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“The torture, humiliation is something we can never forget …”

-The Hindu   Say youths, accused of involvement in Jaipur blasts, declared innocent now Two-and-a-half years ago, Rajasthan Chief Minister Ashok Gehlot announced in a national conference on internal security in New Delhi that the horrifying case of serial blasts in Jaipur on May 13, 2008 — in which 69 persons were killed — stood resolved with the arrest of “radical youths” in Delhi and Uttar Pradesh as well as some Students Islamic...

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Centre adds 3 districts for anti-rebel aid by Nishit Dholabhai

Pushing the anti-Naxalite development agenda, the Union cabinet this week brought 18 more districts, including three in Jharkhand, into the Integrated Action Plan (IAP) fold with additional funds of Rs 540 crore on cards. The new entrants from Jharkhand will be Khunti, Ranchi (rural) and Giridih. Earlier, 14 districts were included in the IAP. Union rural development minister Jairam Ramesh, during his recent visit to the state, had spoken about the...

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Broken heartland

-The Business Standard   Finance Minister Pranab Mukherjee explained the government’s helplessness over inflation in the Rajya Sabha with great eloquence on Thursday. Much of what he said may have solid economic fundamentals, but the United Progressive Alliance (UPA) government cannot claim helplessness forever — not when the signs of the cracks it is creating in India’s rural prosperity are becoming so obvious. If any one thing that has protected the Indian...

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