‘Government does not have mandate to conduct parleys without discussion'Several areas of concerns in texts being negotiated for the India-EU FTAThe Communist Party of India (Marxist) on Saturday expressed concern over the “veil of secrecy” around negotiations for the India-European Union Free Trade Agreement (FTA), and re-emphasised that the Manmohan Singh government did not have the mandate to conduct parleys on it without discussion within the country.Referring to the EU...

Chief minister Arjun Munda has urged bankers and financial institutions to join hands with the state administration to launch a water conservation campaign to prevent a third consecutive drought in Jharkhand next year.Addressing officials of National Bank for Agriculture and Rural Development (Nabard) today at a meet on the bank’s credit plan for 2011-12, Munda said recurrent droughts had upset the state’s economy. He admitted the farmers were going through...

MasterCard Worldwide, a leading global payments company, today said it has developed a payment solution for ‘Aadhaar’. ‘Aadhaar’ is a 12-digit Unique Identification Number (UID) that captures basic demographic and biometric information of Indian residents. The UID will make it possible for residents to establish their identity with financial institutions thereby providing them a gateway into the formal banking system. This payment solution will enable Aadhaar holders to perform payment...

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,...

Halt ongoing negotiations, says open letterWith Prime Minister Manmohan Singh set to hold talks with his counterpart in Brussels on trade and economic issues, a broad civil society alliance on Thursday called on the European Commission and India to immediately halt the ongoing negotiations for an India-EU Free Trade Agreement.The India-EU summit on Friday is likely to give a political mandate for working towards the conclusion of the FTA in...