-The United Nations Corruption caused by weak governance is leading to unequal land distribution and poor resource management, according to a United Nations report released today, which argues that this lack of transparency is undermining social stability, investment and growth in developing countries. Weak land governance occurs as a result of low levels of transparency, accountability and the rule of law, the report says, which strains “the rules, processes and institutions that...
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Land for industries: Farmers seek Rs 50 lakh per acre
-The Deccan Herald Farmers have demanded a compensation of Rs 50 lakh per acre for their land notified for acquisition by the Karnataka Industrial Areas Development Board (KIADB) for the Vemgal Industrial Area in the taluk. V R Sudarshan, MLC, who submitted a memorandum to Deputy Commissioner Manoj Kumar Meena on Monday, said the KIADB should leave no room for controversy in the process of acquiring the land. He said the KIADB had offered...
More »Why are farmers of Hoshangabad committing suicide?
-ANI The statistics for farmer suicides in India are as striking as they are shameful. One farmer suicide every 30 minutes in 2009, screamed a NYU School of Law report earlier this year. If one accepts that many suicides also go unreported, even this shocking statistics is perhaps an under-estimation. Why, then, would another three suicides, this time in Madhya Pradesh's Hoshangabad District, be newsworthy? For one, the suicides took place during the...
More »PM mulls Rs.1,000 crore corpus for housing poor
-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister Manmohan Singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, Manmohan Singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...
More »Seeking Aid For Low Carbon Growth by Keya Acharya
After pushing for financing adaptation at the just-concluded United Nations climate talks at Durban, India is hitting every button for aid in executing its low-carbon growth plans. This despite India (and China) refusing to sign new climate agreements at the U.N. Framework Convention for Climate Change (UNFCCC)’s 17th conference of the parties (COP 17) in the South African city. India, in fact, has a well-drawn out policy and action plan for climate...
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