The definition is contested as the answer has immense economic implications. If bamboo is a tree or timber, it belongs to the forest department and can be auctioned to the paper and pulp industry, often at throwaway rates. If it is a grass, then it would be classified as a minor forest produce and people would have the right to cut bamboo for sale or for value addition by making...

While the Gujarat government may have announced a 'farmer-friendly' land acquisition policy developed by the Gujarat Industrial Development Corporation's (GIDC), farmers have so far given mixed reactions to it. Right ahead of the Vibrant Gujarat Summit scheduled in January,GIDC has gone all out to ensure a hassle-free land acquisition process, as the upcoming meet is likely to generate demand for large tracts of land for industry.Saurabh Patel, state industries minister,...

A widening corruption scandal that has touched India’s prime minister sent the country’s stock markets down sharply on Friday and threatened to tarnish the country’s image as a rising economic power. Setting off the turmoil was a report from the country’s auditor earlier this week that about $40 billion in wireless spectrum license fees had been squandered by the government’s telecommunications and information technology minister. On Thursday, India’s Supreme Court criticized...

NIIRA RADIA, the lobbyist at the heart of India’s audacious multi-billion telecom swindle, inaugurated a Krishna temple she funded in south Delhi on her birthday — that, interestingly, coincides with Indira Gandhi’s. Those present on the occasion said Radia prayed for long, presumably seeking divine intervention to wriggle out of the country’s biggest scandal. Before the temple visit, notices from the country’s Enforcement Directorate (ED), Income Tax (IT) Department and the...

The Millennium Development declaration was a visionary document, which sought partnership between rich and poor nations to make globalisation a force for good. Its signatories agreed to explicit goals on a specific timeline. The Millennium Development Goals (MDGs) set ambitious targets for reducing hunger, poverty, infant and maternal mortality, for reversing the spread of AIDS, tuberculosis and malaria and giving children basic education by 2015. These also included gender equality,...