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Times Of India (New Delhi)

  • India hotspot for new infectious diseases

    Man-Animal Conflict Source Of Rising Infections, Says Study India is a hotspot for emerging infectious diseases (EIDs), a study by an international team of scientists which recently published its findings in the journal

  • Plantation drives expand city's green cover

    The 2005 report of the Dehradun-based Forest Survey of India reveals that the forest and tree cover in Delhi now stands at 19.09% of the total geographical area which is an increase of 15 sq km over the 2003 assessment. The survey report attributes this increase in open forest cover of the total forest cover to plantations carried out in the capital. Like all other states, Delhi has to reach the target of expanding the green cover to 33 per cent of the capital's geographical area by 2021 to meet the requirements of the National Forest Policy. Environment secretary JK Dadoo said the assessment of 2005 is information in retropect and a lot of greening action has happened between 2005 and 2007.

  • Farm loan waiver tops Budget agenda

    Sonia Nudges Manmohan On Package For Farmers, Women And Tax Breaks Setting the agenda for the government, Congress chief Sonia Gandhi has asked it to focus on farm loans, women-related schemes and income tax slabs in the Budget. During three rounds of deliberations with Prime Minister Manmohan Singh spread over the last week, the UPA chief, sources disclosed, sought to nudge her visitor on what she thinks should be the defining themes of the Budget in an election year. Sonia was keen on a package for farmers and there were already signs to suggest that the PM may have already heeded the advice. Addressing a group of farmers from Punjab asking for debt relief for small and marginal land owners, Singh said, "I would like to assure you that under the leadership of Sonia Gandhi, our government will pay attention to the demands listed in the memorandum submitted.' The Congress chief also made no bones of the fact that the package figures on the top of the "to do' list she has framed for the government. "We know farmers are facing difficult times. I hope, I know Manmohan Singh's government will give due attention to your demands,' Sonia said. Sources rated the chances of a waiver, at least on the interest component, for defaulters among small and marginal farmers as a certainty. As reported by TOI on December 31, the package could cover bad and doubtful loans worth at least Rs 30,000 crore. While the PM refused to get into details citing Budget confidentiality, the government's receptivity to suggestions from political leadership should be happy augury for those expecting a relook at income tax slabs. While the government was expected to push up the exemption limit to Rs 1.25 lakh from Rs 1.1 lakh at present, an upward revision in the tax slab was not being hotly pursued by the finance ministry. An increase in the basic slab of 10% from Rs 1.5 lakh to Rs 2 lakh would cost the exchequer around Rs 5,000 crore and the tax department brass was not keen on foregoing easy money coming its way. Given the enhanced stakes for the party in wooing urban India, the party leadership is hoping that Sonia's prod might cause them to pull out their calculators once again. Delimitation has increased the number of urban constituencies where tax payers constitute a significant slice of the electorate while Delhi, which boasts of the largest number of salaried tax payers in the country, is scheduled to go to polls later this year. The party expects tax concession to help blunt BJP's attempt to reclaim its constituency among the urban middle class. Apart from the plight of farmers, Sonia has also asked the government to focus on schemes aimed at empowering women. She had made this priority plain while on a visit to her constituency last week, and the preference for "gender justice' was repeated during the interactions with Singh. Sources said that among other things, the Integrated Child Development Scheme was likely to be strengthened. sidhartha.kumar@timesgroup.com diwakar.asthana@timesgroup.com POPULAR TOUCH: Manmohan Singh and Sonia Gandhi with a delegation of farmers from Punjab, in New Delhi on Monday

  • Govt doubles Ladli scheme amount

    The state cabinet on Monday revised the starting amount for the Ladli scheme to Rs 10,000 from the existing 5,000 at the birth of a girl child in a family with an annual income of less than Rs 1 lakh. While the move is obviously aimed at wooing Congress's traditional votebank in the slum clusters and unauthorised colonies, the irony is that the rules of the scheme, which is supposed to be effective from January 1, 2008, are yet to be notified three months after the cabinet had given its initial nod to the project. Under the present form of the scheme, every eligible girl child is entitled to Rs 10,000 at the time of birth and then onwards, Rs 5,000 each at the time of admission to classes I, VI, IX, X and XII. The money will be kept as a long term fixed deposit in the name of the child who can encash it when she turns 18 and the money she will thus get in hand will be Rs 1 lakh. Chief minister Sheila Dikshit, after the cabinet meeting said:

  • Farm waiver gets bigger: Rs 65,000cr

    UPA's mega poll sop for farmers has got bigger. The loan waiver for "small and marginal farmers' will now add up to a staggering Rs 65,000 crore even as the government is preparing to enlist banks as primary agents in identifying the scheme's four crore beneficiaries. The figure for the one-time settlement, which will benefit farmers who are willing to make a payment of loans to get a rebate, is yet to be finalized and discussions at the top echelons of government have seen the total write-off range up to Rs 100,000 crore. As of now, the figure has been revised to Rs 65,000 crore. The other key issue of identifying the beneficiaries, crucial to the waiver's success, will be largely entrusted to the banks. Banks to identify beneficiaries New Delhi: A large part of identifying the beneficiaries, crucial for the success of the Rs 60,000-crore loan waiver to farmers, will be entrusted to banks. It is felt that this would be the best option for the government as banks are expected to have records of persons they have given loans to, and in the case of farmers, would also have the size of their holdings. Having set 2 hectares or 5 acres as the size of holdings for the waiver's beneficiaries, the government has the mammoth task of getting accurate lists ready so as to facilitate a complete rollout by the June 30 deadline. Commercial and rural banks and cooperatives would have an incentive to draw up lists as they would be paid money for loans which had suffered defaults. Official sources pointed out that most of the loans being targeted were anyway "basket cases' for the banks. With little hope of recovery, the banks should be more than willing to divert resources to identify farmers who can benefit from UPA's largesse. In this way, the government would not have to depend on land and revenue records, which were not always well maintained and could be open to manipulation as well. Though payment to the banks will be staggered, in the first year, the banks will be given Rs 40,000 crore. Agriculture minister Sharad Pawar told the media that in the next three years, the figure would be Rs 8,800 crore for 2008-09 and 2009-10 while the final amount to be paid in 2010-11 was expected to be Rs 2,400 crore. While the effectiveness of the loan waiver, and its potential political benefit, is being discussed, the Congress leadership is in an upbeat mood. Scenes of farmers celebrating and dancing have helped waiver enthusiasts argue that the Budget announcement was a popular hit. The massive giveaway, along with the pro-middle class decision to raise incometax exemption limits, could deliver a formidable advantage to the ruling combine. Those who feel somewhat differently point out that most of the really distressed farmers were engaged in dry-land farming. In normal circumstances, they were not eligible for high loan amounts and in contrast, farmers in irrigated areas, with holdings of similar size, would get larger loans. Dry-land farmers had to depend on private money lenders and these debts were outside the waiver. On the other hand, farmers in irrigated areas would now benefit from the waiver while also being in a position to raise regular loans from banks.

  • Banks to identify beneficiaries

    A large part of identifying the beneficiaries, crucial for the success of the Rs 60,000-crore loan waiver to farmers, will be entrusted to banks. It is felt that this would be the best option for the government as banks are expected to have records of persons they have given loans to, and in the case of farmers, would also have the size of their holdings. Having set 2 hectares or 5 acres as the size of holdings for the waiver's beneficiaries, the government has the mammoth task of getting accurate lists ready so as to facilitate a complete rollout by the June 30 deadline. Commercial and rural banks and cooperatives would have an incentive to draw up lists as they would be paid money for loans which had suffered defaults. Official sources pointed out that most of the loans being targeted were anyway "basket cases' for the banks. With little hope of recovery, the banks should be more than willing to divert resources to identify farmers who can benefit from UPA's largesse. In this way, the government would not have to depend on land and revenue records, which were not always well maintained and could be open to manipulation as well. Though payment to the banks will be staggered, in the first year, the banks will be given Rs 40,000 crore. Agriculture minister Sharad Pawar told the media that in the next three years, the figure would be Rs 8,800 crore for 2008-09 and 2009-10 while the final amount to be paid in 2010-11 was expected to be Rs 2,400 crore. While the effectiveness of the loan waiver, and its potential political benefit, is being discussed, the Congress leadership is in an upbeat mood. Scenes of farmers celebrating and dancing have helped waiver enthusiasts argue that the Budget announcement was a popular hit. The massive giveaway, along with the pro-middle class decision to raise incometax exemption limits, could deliver a formidable advantage to the ruling combine. Those who feel somewhat differently point out that most of the really distressed farmers were engaged in dry-land farming. In normal circumstances, they were not eligible for high loan amounts and in contrast, farmers in irrigated areas, with holdings of similar size, would get larger loans. Dry-land farmers had to depend on private money lenders and these debts were outside the waiver. On the other hand, farmers in irrigated areas would now benefit from the waiver while also being in a position to raise regular loans from banks.

  • Genetic cancer link between humans and dogs discovered

    They are our best friends. But, if a study is to be believed, humans and dogs share more than just friendship and companionship

  • Doha trade deal still possible: WTO chief

    Pretoria: The Doha round of world trade talks could still be concluded by year's end, the head of the World Trade Organisation Pascal Lamy said, despite a European warning of a "high risk of failure.' "We are nearing the end game. Whether it's a success or failure I can't say, but it's doable,' WTO director general Pascal Lamy said after meeting South African President Thabo Mbeki. The talks, launched in the Qatari capital in 2001 and aimed at liberalising world trade, were due to be completed by 2004, but have floundered on disagreements between developed and emerging economies. The WTO is now hoping that a deal might be signed by its 151 members by the end of 2008. "There is much more on the table than last year,' Lamy said in Pretoria. The European Union trade commissioner, Peter Mandelson, said on that he feared Doha was now "facing a high risk of failure, the first failure ever for a multilateral trade round. "That would not be a good signal for the global economy which needs the confidence boost and the insurance against protectionism,' he said. But Lamy said doubts were normal at this point in the process. "We are at a crunch-time .. It's not surprising that positions stiffen,' he said. Negotiations have stalled with poorer nations criticizing agricultural subsidies in the developed nations, and the richer economies arguing for lower tariff barriers for industrial products and services. Lamy compared the process with landing a cargo plane, saying "we know now on agriculture which portion of the tarmac we will land on. It is still a little more risky in industry ... and services are more complex.' AFP

  • Farm loan waiver runs into trouble

    Nath: Where Will Funds Come From? The mega loan waiver announced by the Manmohan Singh government is running into some in-house scepticism with doubts about funding for the give-away being aired in the Cabinet. On Monday, a meeting of the Cabinet saw commerce minister Kamal Nath asking whether the government had made provisions for the Rs 60,000 crore scheme it has announced in the Budget. He also seemed to argue that it would have been better if the Cabinet had been taken into confidence. Sources said that Prime Minister Manmohan Singh intervened to commend finance minister P Chidambaram and the loan waiver. Foreign minister Pranab Mukherjee also said that the finance ministry has chalked out the broad direction and details will soon be worked out. This reflected doubts put forward that the waiver unfairly lumps farmers tilling irrigated lands with those in dry-land conditions and that the two hectare cut-off for beneficiaries cannot apply across the country. Wondering whether the waiver would benefit distressed farmers, minister of state for new and renewable energy Vilas Muttemwar told TOI, "The problem lies in many farmers in areas like Vidarbha owning up to 15 acres of land, but being very poorly off. It is not just the small farmer, even those with larger holdings, who actually can access credit, are suffering.' Muttemwar said he would speak to the Prime Minister and Congress chief Sonia Gandhi and ask for the eligibility for the Rs 60,000 crore waiver announced by the government to be altered in a state or regionwise manner. He also said that even smaller farmers might not be able to use the waiver as they were largely indebted to private money lenders. Muttemwar disputed agriculture minister and NCP boss Sharad Pawar's call to farmers to stop paying money lenders. "This is easier said than done. These loan sharks get farmers to sign agreement to sale documents. Even those sales are being closely scrutinised, it is not easy for farmers to simply throw off the yoke of money lenders,' he said. The minister's views could be some cause for worry as he represents Nagpur, the political centre of the Vidarbha region which has been reeling from suicides by farmers. The criticism that farmers who need help might be outside the waiver also dovetails with the argument that UPA's largesse will help well-off agriculturalists in areas like western Maharashtra. Well-known agro-economist M S Swaminathan agreed that it was difficult to compare farmers from green revolution states with those in impoverished dust bowls. "Comparing farmers owning two hectares in Punjab with those with holdings of similar size in Rajasthan or Vidarbha is unfair. The size of holdings in distressed areas should be much bigger,' he said. Swaminathan said farmers in irrigated areas who used advanced methods had access to credit much in excess to what farmers in distressed areas were able to garner. Budget can't be challenged in court: SC Even before the applause for a Budget

  • NDA, UPA in war of words over funding of dole for farmers

    The discussion on the President's address got off to a confrontationist and bitter start in Lok Sabha on Monday with NDA and UPA benches repeatedly interrupting each other even as Leader of Opposition L K Advani called on Prime Minister Manmohan Singh to reveal how the mega loan waiver would be funded. Advani said while a relief package for farmers was welcome, it was incumbent on government to tell Parliament how it intended to compensate banks and cooperatives for the Rs 60,000 crore sop. "Will this be by way of bonds that will be redeemed later?' he asked. He also pointed out that rural distress had been aggravated by price rise. The Radhakrishnan report on indebtedness said that there were a range of factors that were adding to the farmers' burden. Many farmers who were facing a debt trap had borrowed heavily from private money lenders. He sought to link the waiver with the possibility of an early election and said "since last August there has been uncertainty' referring to Congress-Left brinksmanship over the India-US nuclear deal. He said an unstable government could not deliver. Advani was interrupted with Congress MPs questioning him on issues like the record on combatting terror and BJP's position on Telangana. The heckling seemed part of a pre-planned script. Congress chief Sonia Gandhi's decision to sit on the last bench during the debate seemed to encourage her MPs who competed with one another in aggressively defending the party. The loan waiver issue also had an echo in Rajya Sabha with BJP and CPM charging the Centre with not addressing the real concerns of the poor. Participating in the discussion on the motion of thanks, Abhishek Singhvi (Congress) said the economy had grown by over 8% in the last four years. "But this gung-ho spirit has to be tempered' in the face of hard reality of 25% people still living below the poverty line.