The country will release its first assessment report on Tuesday, on the impact of climate change on agriculture, health, water and forests in four regions of the country. The report, covering the Himalayas, the Western Ghats, the coastal zone and the northeast has been prepared by the Indian Network for Climate Change Assessment (INCCA) comprising 220 scientists from 120 research institutions across the country. "We need to know what would be...
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A cut above the rest, MFIs in East ease borrowers’ pain by Atmadip Ray
Amid the heat and dust over high interest rates charged by microfinance institutions and Reports of coercive recovery methods by some lenders in Andhra Pradesh, MFIs in eastern India are trying to strike a more cordial note with borrowers by lowering interest rates. At least three MFIs based out of Kolkata are on the verge of slashing lending rates by nearly 500 basis points to 19.1% per annum, on reducing balance...
More »No starvation death in India in last 3 years, says minister by Bijay Kumar Singh
There have been Reports that as many as 150 persons including children reportedly died in Bihar and Madhya Pradesh in the last year. However, Minister of State for Agriculture KV Thomas in his reply to Parliament earlier this week claimed there were no starvation deaths in the country during the last year. “No state government, Union Territory administration has reported any incidence of starvation death during last three years,” he said...
More »India telecoms minister quits over licences
India's telecommunications minister A Raja has resigned over claims that licences had been improperly given to mobile phone firms. He said he was quitting "to avoid embarrassment to the government". He denies wrongdoing. Opposition has been protesting over Mr Raja's alleged role in the sale of second generation (2G) licences. Federal auditors reportedly estimate that billions of dollars were lost as a result. Mr Raja - who belongs to the DMK party, an ally...
More »India telecoms minister refuses to quit over licences
India's telecommunications minister has rejected calls that he resign over claims that licences were improperly allocated to mobile phone firms. Opposition anger over A Raja's alleged role in the sale of second generation (2G) licences has been growing. Mr Raja's ministry issued licences on a "first-come first-served" basis instead of auctioning them, Reports say. Federal auditors reportedly estimate billions of dollars were lost as a result. Mr Raja denies any wrongdoing. In May, India's...
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