-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda). “There is a lot going on...
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Opposition points at bunglings in rural job scheme
-The Times of India BHUBANESWAR: The Opposition on Wednesday accused the state government of perpetrating irregularities in the centrally-sponsored rural job guarantee scheme leading to embezzlement of an alleged 50% of the money earmarked for expenditure. Panchayati Raj minister Kalpataru Das rejected the allegations, saying Odisha was faring better than most states in implementation of Mahatma Gandhi National Rural Employment Guarantee Scheme launched in 2005. He said so far 100.33 lakh families...
More »India's rice revolution-John Vidal
-The Guardian In a village in India's poorest state, Bihar, farmers are growing world record amounts of rice – with no GM, and no herbicide. Is this one solution to world food shortages? Sumant Kumar was overjoyed when he harvested his rice last year. There had been good rains in his village of Darveshpura in north-east India and he knew he could improve on the four or five tonnes per hectare that he usually...
More »Union Budget no gender bender -Subodh Varma
-The Times of India To remove various disadvantages that women face in India, the Union government introduced Gender Responsive Budgeting (or Gender Budgeting) in 2005-06. It meant that high-flying promises on empowering women were to be backed by financial outlays and that a gender perspective was to imbue all policy making. It was always a tough call - from the home, to the workplace and generally in society women are treated like...
More »States' debt-GSDP ratio improves in FY10-12: Icra
-PTI Financial performance of the states with relation to indicators of debt servicing such as debt as a proportion to revenue receipts and gross state domestic product (GSDP) has improved between 2009-10 and 2011-12, says an Icra report. While states like Kerala, Gujarat, Punjab, Rajasthan and West Bengal remain relatively more indebted, Karnataka, Odisha and Chhattisgarh have displayed a superior performance in 2011-12 in terms of their debt relative to revenue receipts. Chhattisgarh,...
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