If you think canned rasgullas are a better option than khoya-based sweets this Diwali, think again. The mouth-watering sweets sold by big brands at high prices have been found to have micro-organisms that can cause diseases. Also, it has been found that most of the canned rasgullas have a higher percentage of syrup than prescribed. It's claimed that in one of the cans weighing a kiloGram, the drained weight of rasgullas...
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Posco violated forest rights act, confirms panel
An environment ministry committee has confirmed that the Forest Rights Act was violated during acquisition of land for South Korean steelmaker Posco's project in Orissa. The Forest Advisory Committee, which in December 2009 had given approval for the $12 billion project, did not recommend scrapping the approval given. In August 2010, the ministry had stopped the acquisition work on the basis of a report submitted by the NC Saxena Committee, constituted to...
More »Posco's chances dim as another panel says no by Nitin Sethi
The deck's being stacked against Posco. In the biggest blow yet to the South Korean giant's Rs 54,000-crore project in Orissa, a key committee of the environment ministry has recommended the withdrawal of forest clearance to the multinational's plan to build an integrated steel plant. If accepted by environment minister Jairam Ramesh, the recommendation of the forest advisory committee (FAC) could sound the death-knell for the country's biggest FDI project....
More »India's social audit of schemes draws world attention by Seema Chisti
IF Brazil has its Bolsa Familia, and Mexico its Progresa — schemes for alleviating poverty that have caught the fancy of international organisations — something that India has done recently is making news internationally. India’s system of social audits, that is, independent but local auditing of social proGrammes to fight poverty, like the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), is attracting world attention. A 42-member delegation from 33 countries...
More »Big concerns over small loans by Bindu Ananth and Nachiket Mor
Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...
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