-The Hindustan Times In June 1992, Manmohan Singh, then finance minister in the Government of India, delivered the Foundation Day Address of the Society for Promotion of Wastelands Development (SPWD). He spoke on the topic ‘Environment and the New Economic Policies’. In his talk, Singh urged “objective standards industry-wise for safeguarding the environment, asking industry to certify compliance with these standards, institution of an effective system of verification and industry audit...

NAGPUR: Bt cotton may have taken almost 99% area under cotton cultivation in Maharashtra but, looking at the diminishing profit margins, the state government is planning to evolve other options to the genetically modified variety of the crop. The government feels it will reduce cultivation cost and increase profitability and sustainability of the crop for the farmer. State agriculture minister Radhakrishan Vikhe-Patil has asked agriculture universities to develop alternatives to Bt...

-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to Research published on Sunday.  The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, gold, yachts and racehorses - puts the sum at between $21 and $32 trillion.  The...

Supreme Court wants hazardous waste rules aligned with Basel Convention THE Supreme Court has directed the Centre to ban the import of hazardous waste. While hearing a 17-year-old case, the court also asked the government to amend the existing laws pertaining to toxic waste so that they comply with the Basel Convention, an international treaty that prohibits transboundary movement of toxic waste. India ratified the Convention in 1992. The court gave the...

-The Hindu Instruments that permit people to vote directly on policy and to initiate legislation can ensure that the citizen’s voice is heard   Independent India has been a large-scale experiment in democracy. Unlike many other nations that gained independence from colonial rule but descended into dictatorships and military rule, India has remained a democracy, despite its size and diversity. While we pride ourselves on this achievement, we also need to reflect more...