Subterfuge is the favourite tool of the corrupt, when caught. That seems to be the case as the Union ministry of commerce and industry proceeds at an elephantine pace in its “inquiry” into the Rs 2,500-crore rice export scam reported in Outlook. Last year, on July 30, Parliament erupted in a furore over the revelation that despite a strict ban on exports, tonnes of 25 per cent broken, non-Basmati rice...

Tight liquidity continues; rise in bank rates likely for such lending. The Andhra Pradesh government will take some time to reply in the high court to the petitions filed against the Andhra Pradesh Microfinance Institutions (Regulation of Money Lending) Ordinance, issued last month. The Microfinance Institutions Network (MFIN), SKS Micro Finance and Spandana Sphoorty Financial have filed petitions saying the ordinance threatens to disrupt their business. The government sought an extension after...

Inspired by India’s “Green Revolution”, Malawi has sought Indian assistance in its “Greenbelt initiative” aimed at raising agricultural output. The southeast African nation is looking to India to tap its huge uranium deposits. Malawi is also negotiating to sign Double Taxation as well as Investment Promotion and Protection agreements with India. “Our main aim is to get India’s participation in our Greenbelt initiative to increase our farming capacity,” visiting Malawian Trade and...

Rajasthan wiling to pay enhanced wages to workers ‘Demand justified as CPI has risen to 924 points' Rajasthan Chief Minister Ashok Gehlot has accepted in principle the demand for enhancement of the wages of workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme as per the recently revised minimum wage rates in the State. However, the catch is that the Centre holds the key to any hike in the job scheme...

Last week's column, “The plight of Dalits and the news media” (October 25, 2010), has generated a lively and interesting response from several readers. The column was about the prioritisation of the tasks before the National Commission for the Scheduled Castes (NCSC) by its new Chairman, P.L. Punia (not P.J. Punia as erroneously mentioned in the column.) The concern of most who wrote was over the failure of successive governments...