Bhopal marked the horrific beginning of a new era. One that signalled the collapse of restraint on corporate power.  Over 20,000 killed. Over half a million victims maimed, disabled or otherwise affected. Compensation of around Rs.12,414 per victim on average on the 1989 value of the rupee. ($470 million or Rs.713 crore. And that divided among 574,367 victims.) Over a quarter-of-a-century's wait. To see seven former officials of Union Carbide...

The government on Tuesday approved a a proposal to draw a loan of $100 million (about Rs 450 crore) from the World Bank to promote microfinance in the country. The Cabinet Committee on Economic Affairs (CCEA) cleared the proposal for on-lending to the Small Industries Development Bank of India (Sidbi), which -- in turn -- would disburse the funds to the microfinance sector. “The fund will be used to promote responsible and...

In India, where traditionally boys have been preferred over girls, a village in backward Bihar state has been setting an example by planting trees to celebrate the birth of a girl child. In Dharhara village, Bhagalpur district, families plant a minimum of 10 trees whenever a girl child is born. And this practice is paying off. Nikah Kumari, 19, is all set to get married in early June. The would-be...

Ram Prasad Ghosal, a potato farmer from Bamunpara (Dist Burdwan) in West Bengal, owns 10 acres of land. Just two months earlier, though, his ilk faced a major scare. The region witnessed a bumper potato crop of 9.5 million tonnes — 73 per cent higher than last year’s production. Wholesale prices in Kolkata crashed to Rs 300 a quintal. Retail prices, too, dropped to Rs 6-8 a kg. Farmers were...

CBI feels constrained by need to get consent of States to probe offences in their jurisdictions Draft envisages panel for appointment of CBI Director as laid down by Supreme Court Often under attack from the Opposition parties who accuse the government of the day of misusing it, the Central Bureau of Investigation (CBI) has urged the government to replace the outdated pre-independence era Delhi Special Police Establishment Act that governs its functioning...