In an attempt to bolster its aam aadmi image, the government is setting up the Aajeevika Development and Financial Corporation, a financial institution to ensure easily available funding for self-help groups under the National Rural Livelihood Mission. Problems in accessing credit for families below poverty line have been a major hurdle for the livelihood mission. The rural development ministry is in the process of inter-ministerial consultations on the proposed financial...

Dr. Tishyarakshit Chatterjee, Secretary, Ministry of Environment & Forests (MoEF), recently underlined the need to design carbon markets to address the short-term needs of investors in manufacturing, save fossil fuels for the future and meet the compulsions of environmental probity, sustainability, entrepreneurship and innovation over a long period. Addressing the India Carbon Market Conclave 2011, organized jointly by FICCI and the MoEF, in partnership with The World Bank and the International...

The government's auditor has accused Mukesh Ambani's Reliance Industries Ltd of violating terms of the contract for its showcase Andhra offshore acreage and expressed doubt over the costs at which India's biggest private sector oil company contracted goods and services for bringing the largest gas discovery into production. The Comptroller and Auditor General's final report on a special audit of Reliance's Krishna-Godavari basin fields, presented to Parliament on Thursday, also suggests...

Anna Hazare’s fast is over, but the conjuncture of which that fast was an episode is not: Hazare’s own movement, or other similar movements, are bound to recur in the coming months. The question naturally arises: what are these movements all about? And to start with: what was Hazare’s own movement all about? It was certainly not about “corruption” in any definable sense. That word meant different things to the...

-The Indian Express   Seven farmers on Wednesday sat on a hunger strike in Dharamheri village to protest the construction of Hansi-Butana toe wall and to demand measures to check floods in the area. BKU (Ekta Dakaounda) Patiala district president Darshan Pal said that chain hunger strike would be observed till September 16 where alternate group of farmers would observe the strike daily. He added that if their demands were not met,...