It approves 26 per cent share in profits for local people The draft bill proposes setting up of a fund to pay beneficiaries Final legislation likely to be introduced in the winter session of parliament The Group of Ministers (GoM), headed by Union Finance Minister Pranab Mukherjee, on Friday approved the new Mining Draft Bill, including the provision that mining companies share 26 per cent of profits with local people affected by their...

A common platform of several farmers groups, the Indian Coordination Committee of Farmers Movements, has charged the Central government with complete lack of transparency on the implications of the proposed Comprehensive Economic Partnership Agreement or CEPA with Japan and the inclusion of agriculture on its agenda. "Such EPAs, like other FTAs, go beyond what cannot be negotiated under the WTO and we are openly opposed to agriculture in the WTO, in...

The Indian government is debating whether it should still accept any development aid from Britain. India is currently the biggest recipient of UK development aid, receiving more than £800m (about $1.25bn) over the three years to 2011. Foreign Secretary Nirupama Rao told the BBC no final decision had been made. Britain's Department for International Development (DfID) says it is reviewing its spending, and close dialogue with the Indian government will continue. The BBC's Chris...

Once, during a tour of his constituency in Tamil Nadu, Member of parliament and former Panchayati Raj minister Mani Shankar Aiyar came across an eight-year-old boy. A chance meeting that he says threw light on why India stagnates at the 134th position in the United Nations Human Development Index. The boy, Aiyar said during a brief pause in his United Nations Millennium lecture at the British Council on Sunday, had got...

The goal of food for all can be achieved only through sustained efforts in producing, saving and sharing foodgrains. The Supreme Court of India has rendered great service by arousing public, professional and political concern about the co-existence of rotting grain mountains and mounting hungry mouths. In several African countries hunger is increasing because food is either not available in the market, or is too expensive for the poor. Food inflation...