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Pension age limit lowered to 60

-The Hindu   The Union government on Thursday lowered the age limit for the Indira Gandhi National Old Age Pension Scheme (IGNOAP) from 65 to 60 years, and increased pension for those above 80 from Rs. 200 to Rs. 500 a month. Both decisions will have retrospective effect from April 1, 2011. The lowering of age will benefit an additional 72.32 lakh people in the age group 60-64, entailing an additional burden of...

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Mamata Banerjee re-acquires some land leased out to Tatas in Singur

-The Economic Times   The West Bengal government on Thursday promulgated an Ordinance to re-acquire 400 acres of the 997-acre Singur property that was leased out to the Tatas in March 2007 for the Nano project . The ordinance has been signed by governor MK Narayanan. The ordinance presumably kills two birds with a stone. It will enable chief minister Mamata Banerjee to keep a nearly three-year-old promise she had made to Singur's...

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Acreage rises for cotton, shrinks for paddy

-The Economic Times   As kharif sowing begin in irrigated belts of India, farmers are changing the sowing pattern depending on the remunerative prices they got in the previous year. Cotton prices, which touched a 140-year high this season, is expected to see an increase in acreage in prime growing states of Gujarat and Maharshtra. Across Punjab and Haryana, where more than 90% of the sowing has been completed, farmers have...

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US universities in Africa 'land grab' by John Vidal and Claire Provost

Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...

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Low-cost laptops set to roll out after 6 years

-The Times of India   Six years after it was conceived, the first lot of 10,000 laptops – the HRD ministry calls it low-cost access-cum-computing device — would be delivered to IIT-Rajasthan in late June, and over the next four months 90,000 more would be made available at Rs 2,200 apiece. The announcement was made on Wednesday at the state education ministers' conference. Ministry officials said once the supply of one lakh...

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