India has slipped to 87th spot in Transparency International’s latest ranking of nations based on levels of corruption, with the global watchdog asserting that perceptions about corruption in the country increased in the wake of the Commonwealth Games Against the backdrop of alleged irregularities in the recently held Commonwealth Games (CWG), India’s perceived corruption levels have gone up, with a corresponding worsening of its world ranking. According to Transparency International’s Corruption...

The accusation of ‘coercive' practices to recover the loans has been laid at the doors of some leading players Micro Finance institutions (MFIs) that are for profits are in the news for the wrong reasons. The ‘for profit' MFIs have grown spectacularly in recent times. But along with the large profits have come allegations of sharp practices. In Andhra Pradesh, where such MFIs have a sizable presence, the climate has now drastically...

With a double-digit food inflation, the increasing food prices will be the biggest concern for Indians over the next six months, a survey released here said Monday. According to the Nielsen Global Consumer Confidence Index , China tops the countries concerned over increasing food prices with 36 percent of consumers in China voting it as the biggest concern over the next six months. India is fifth on the list of countries where...

Latehar, Hazaribagh and Gumla in Jharkhand, Bastar in Chhattisgarh, Chandrapur in Maharashtra, the Jaintia Hills in Meghalaya… the list goes on. These are all districts in India where mining companies are locked in a battle with the local population over the mining rights in these regions. Other than fighting mining companies, there are two factors common to all these regions. One, they have fertile land and dense forests. Two, indigenous tribes...

India has missed a historic opportunity to abolish hunger through a universal public distribution system (PDS), which entitles all citizens to affordable food. The National Advisory Council (NAC), a progressive body established by the United Progressive Alliance, was to draft such a law, but has recommended a Bill which greatly reduces the public's entitlements. This is a setback. India's annual per capita cereal consumption has fallen to 174 kg, lower than...