Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...

More things change more they remain the same! UPA Chairperson Sonia Gandhi has given her full support; two Congress chief ministers have written to the Prime Minister; a High Court (A.P) has ruled that the current wage rate violated the Minimum Wages Act 1948 --- but the rural workers are still getting the same old rate.  When the MGNREGA workers lifted their 47-day dharna at Jaipur after the Centre and...

In a move that might put the Union government in conflict with the states, the ministry of rural development has recommended merging the census to identify below poverty line (BPL) families with the caste census to accelerate the process of determining the number of poor, according to a person familiar with the matter. The caste census, conducted by the Registrar General of India, or RGI, is due to begin on 1...

Activist Medha Patkar addressing a rally in New Delhi on Monday against the land acquisition policy of the UPA government. “Sangharsh,” a collective platform of social movements and people's organisations fighting displacement and forcible land acquisition, began a five-day dharna at Jantar Mantar here on Monday. Representatives of people's movements from Assam to Tamil Nadu participated in the “Sansad Gherao” dharna. Among the struggles highlighted was the Assam-based Krishak Mukti Sangram Samiti's...

Union Rural Development Minister C.P. Joshi on Friday maintained that the Centre was set to increase the wage rate paid under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), but it was for Prime Minister Manmohan Singh to address the issues raised by UPA chairperson Sonia Gandhi. Dr. Joshi said it was not for him to react to the recommendation made to Dr. Singh by Ms. Gandhi — in her...