Since state financial corporations are set up to encourage the establishment of industries by providing loans on liberal terms, the recovery of debts from chronic defaulters is seen by courts from two angles. One is that public money is lent for starting private enterprises and, therefore, the financial institutions should be tough on the debtors. The other approach is that these units benefit the public and, therefore, the endeavour should...

A full decade ago, Chandrababu Naidu made a point about the quick issuance of driving licences, and easy digital access to land records and house tax calculations — which he showcased to Bill Clinton when the then US president came visiting. Since then, all of Karnataka has digitised its land records through the Bhoomi project that now has a database on 20 million land holdings. Other states have similar projects....

The decision to set up a nuclear power station with U.S.-made reactors at Kovvada in Ranasthalam mandal of Srikakulam district has caused serious concern among environmental and social activists. The Nuclear Power Corporation of India LIMited (NPCIL) is confident of completing the land acquisition process for Kovvada and four other coastal-based plants within one and half years. It wants clearances for the plants as fast-track projects. Sources have told The Hindu that...

Demanding equal educational opportunities for all children, a large contingent of people walked to Bal Bhavan here this past Friday in support of three key demands on the Right of Children to Free and Compulsory Education Act, 2009. December 11 was the day India ratified the United Nations Convention on the Rights of the Child (UNCRC) to demand the right to education for every Indian child. Regretting that millions of...

Corporate governance codes work only where firms believe working in a legal, ethical and transparent fashion also means good business. It is not in dispute that good corporate governance is all about commitment of a company to run its businesses in a legal, ethical and transparent manner, and that the tone must be set at the top. But are companies in India convinced that good business is all about good corporate...