-PTI   The National Advisory Council (NAC) has prescribed a seven-point test for a having a humane legislation on land acquisition and rehabilitation. In a letter to the government, the NAC chaired by Sonia Gandhi, has suggested a check list of seven parameters which includes provisions for a rehabilitation package that is sensitive to the aspirations of the affected people. NAC’s check list Does it discourage forced displacement? Does it minimise adverse impacts on people,...

-Reuters   The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned on Friday. Commodities export restrictions from Indian cotton and Ukrainian wheat to Chinese rare earths and coal are "not without hazards", the World Trade Organization said in the report that assesses the protectionist behaviour of more than 180 nations. The...

Harvard and other major American universities are working through British hedge funds and European financial speculators to buy or lease vast areas of African farmland in deals, some of which may force many thousands of people off their land, according to a new study. Researchers say foreign investors are profiting from "land grabs" that often fail to deliver the promised benefits of jobs and economic development, and can lead to environmental...

State to seek the higher MSP from the Union Government The State Government will begin procuring paddy in four districts from Saturday at a minimum support price (MSP) higher than that fixed by the Centre. The Union Government has fixed the support price for grade one paddy grown in Karnataka at Rs. 1,030 a quintal and for grade two variety at Rs. 1,000 a quintal. The State Government will add Rs....

-The Hindu   The Union government on Thursday allowed an increase in the Minimum Support Price (MSP) of Rs. 80 per quintal for paddy during the current kharif season, but it is said to be way below the hike recommended by both the Union Ministry of Agriculture and the Commission for Agricultural Costs and Prices (CACP). The government said the objective was to boost production during the current kharif season and meet...