India has slipped to 87th spot in Transparency International’s latest ranking of nations based on levels of corruption, with the global watchdog asserting that perceptions about corruption in the country increased in the wake of the Commonwealth Games Against the backdrop of alleged irregularities in the recently held Commonwealth Games (CWG), India’s perceived corruption levels have gone up, with a corresponding worsening of its world ranking. According to Transparency International’s Corruption...

The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

The joint committee on the Forest Rights Act (FRA) has termed the implementation of the Act in the state as extremely poor and recommended that it should be enforced in the state and not confined only to the tribal areas. It is of the firm view that there should be no diversion of forest land till the FRA is enforced fully. Disagreeing with the general perception on the part of the government...

The new consumer price indices set to debut in January will be compilations of indices for states that reflect the price trends prevailing in the country accurately, helping policy formulation and targeted intervention. Each state will have two consumer price indices, one for rural and another for urban areas. These CPI rural and urban will be added up to arrive at urban and rural retail indices at the national level. These...

While renewable energy was always considered more desirable from the point of view of environment protection, its importance has increased several times in these times of climate change. Solar energy is particularly seen as a very promising source in energy planning for the future in tropical countries like India. Interest in realising the potential of solar energy is fast increasing and organisations which have been pioneers in solar energy are...