-Outlook Lucknow: Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the 12th Five Year Plan lays emphasis not merely on economic development but on inclusive growth to bring more poor and marginal people under its ambit. "The one point that I find reading the newspapers talking about the economic development is that there is a tendency to think that economic growth is a very narrow objective," Ahluwalia said while addressing the...
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Court upholds Andhra law on microfinance-Viswanath Pilla and Dinesh Unnikrishnan
-Live Mint High court asks state to review law in light of proposed national regulations to govern the sector The Andhra Pradesh high court on Monday upheld a law that led to the near demise of the microfinance industry towards the end of 2010, but asked the state government to review the legislation in the light of proposed national regulations to govern the sector. News of the review sent the stock of the...
More »A crumbling fourth pillar, and the forgotten politics of boycott -Manav Bhushan
-Kafila.org In a speech delivered at the Reuters memorial lecture in November 2012 at Oxford University discussing the Indian news industry, Prannoy Roy candidly said that ”Indian news is currently in a race to the bottom”. He further added that upon comparing the average TV viewership in India (1 hour) to that in the US (5 hours), one is led to the utterly dismal conclusion that this race is far from...
More »Cell tower radiation: SC to hear plea against HC order banning towers from public-use buildings- Kalyan Parbat & Gulveen Aulakh
-The Economic Times Beginning today, the country's highest court will hear petitions filed by telecom-industry lobbies challenging a recent Rajasthan High Court order that directed telecom companies to remove cellphone towers from schools, hospitals, jails and heritage buildings in the state amid claims that tower radiation was harmful. Officials of two leading industry associations, representing mobile operators and telecom tower companies, feel the Supreme Court's verdict in the case could set...
More »IMF forecasts 4.5% growth for India; to lose second fastest-growing economy tag
-The Economic Times India looks all set to cede the moniker of the world's second fastest growing major economy for 2012, a fall from glory for a country that was spoken in the same breath as China for much of the previous decade and even nursed ambitions of upstaging its larger neighbour. The latest global economic growth forecasts from the International Monetary Fund (IMF) have India growing at 4.5% in 2012 (at...
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