Shortage of godowns for storing the kharif paddy is turning out to be a major issue, as millers expressed their inability to procure the commodity in the absence of adequate storage space. Chief Minister K. Rosaiah has convened an all-party meeting on Monday to elicit their views on procurement-related issues and brief them about the Government's preparedness to meet the farmers' rabi requirements. PM to be briefed A delegation of Congress leaders is...

SKS Microfinance, India's largest microfinance player, arrived with a bang with its hugely successful IPO in August. However, the recent sacking of its MD and CEO Suresh Gurumani  has opened up a pandora's box that is now threatening to expose the ugly underbelly of the sector which, many allege, is teeming with players who are no better than moneylenders but have so far been able to operate under the pious...

India may rank second in the medals tally, but it is on top of the heap among the Commonwealth countries as the home to the highest number of underweight children. About 43% of India's children are underweight, and 7 million under fives are severely malnourished, says a new report "Commonwealth or Common Hunger", released by Save the Children, a child rights NGO. The report reveals that 64% of the world's underweight children...

THE high economic growth in India, unlike in the case of China, has not translated into a rapid reduction of hunger in India, a US-based policy think-tank has said. India ranks 67th in an 84-country ranking and has more hungry people than its neighbouring countries. “Higher growth rates in India has not been translated into hunger reduction,” Ashok Gulati , Director Asia, International Food Policy Research Institute (IFPRI) said after the release...

Coal companies in the public and the private sector should share either their profits or their royalty with project-affected people, Union Minister of State (Independent charge) SRIprakash Jaiswal said. Talking to the media after addressing a seminar on “Indian coal sector: issues and prospects” here on Monday, he said this would become law once the new mining policy was finalised. When asked for his views on this issue, he said, “We...