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Indians 55th biggest clients of Swiss banks

-PTI Indians' money in Swiss banks may have risen for the first time in five years, but they account for a meagre 0.14 per cent of total foreign wealth deposited there — putting India at 55th place internationally for such funds.  The total overseas funds in Switzerland's banking system stood at 1.53 trillion Swiss francs (about Rs 90 trillion) at the end of 2011, which included 2.18 billion Swiss francs (Rs 12,700...

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States say no to trials, GM research in the doldrums-Chetan Chauhan

India's Genetically Modified (GM) crop growth story has been stalled with just four states allowing field trials. An eminent scientist has sought Prime Minister's intervention in this regard.  Field trials of newly developed GM crops are important for scientific analysis of the yield and its commercial release. Till 2010, research institutions were free to conduct field trials anywhere in the country. But in 2011, the environment ministry had imposed a condition...

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NRHM scam: CBI likely to file 50 more FIRs-Abhishek Sharan

-The Hindustan Times The Central Bureau of Investigation (CBI), which is probing irregularities in the National Rural Health Mission (NRHM) scheme in Uttar Pradesh, is likely to register as many as 50 more cases. It will help the investigating agency track ‘beneficiaries’ who allegedly siphoned off funds from the office of chief medical officers (CMO) in 72 districts. The number of cases to be filed by the CBI will spiral as it will...

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A ban on the use of crops with transgenic traits is unscientific and India needs new technologies to raise farm yields-Deepak Pental

Science and technology hold the key to developing low-input, high-output agriculture. The challenge is to use new technologies creatively and to make evidence-based decisions on the deployment of new technologies. Crop breeding is carried out to meet two broad objectives: one, to increase yields of a crop per se and, two, to protect the yield potential by developing crops resistant to diseases, pests and environmental extremes.  Both yield-enhancement and yield-stabilisation are...

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Why It’s So Hard to Fix Land Acquisition-Tripti Lahiri

India Inc. was aghast at the recent report of a parliamentary committee that recommended that a new draft land acquisition law limit occasions when the government may intervene to acquire land for use by private firms. But in a paper published in the Economic and Political Weekly last month, Delhi University economics professor Ram Singh laid out data that supports the committee’s recommendations. Mr. Singh argues that government-driven land acquisition is generally...

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