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‘Poor in India are ethical... we must lend more to the poor’

-ENS Economic Bureau At a time when companies such as Kingfisher Airlines and Suzlon Energy have defaulted on bank loans, finance minister P Chidambaram on Tuesday made a strong pitch for individual borrowers with low income, asking banks and financial institutions to not hesitate in giving loans to them. “The poor in India are not bad borrowers. The poor in India are not dishonest borrowers. The poor in India are ethical, honest...

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How police case about ‘plot to attack Delhi’ fell in court-Muzamil Jaleel

-The Indian Express On April 26, 2007, the Delhi Police Special Cell claimed to have arrested three Lashkar-e-Toiba operatives — one a Pakistani and two of Jammu and Kashmir — from Dilli Haat along with RDX, electronic detonators and grenades, and that this had foiled a fidayeen attack planned during celebrations of the 150th anniversary of the first war of Independence. After five years of trial, additional sessions judge (north), Tis...

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Mobility for everyone

-The Hindu The Delhi High Court order disMISsing a challenge to the Bus Rapid Transit System in the national capital is praiseworthy for its assertion that the urban commons, represented by road space, is a public good. The judgment correctly observes that governments pursue the principal purpose of promoting welfare of the maximum number of people, rather than distributing public goods in a restrictive manner. Delightfully, the court makes short work...

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163 irrigation projects delayed, cost soars 231% -Subodh Varma

-The Times of India While allegations of irrigation-related illegalities continue to fly thick and fast, with Maharashtra at the epicenter, the status of irrigation projectsacross the country presents a dismal picture.  Stalled projects are not only symptoms of corruption, they are depriving farmers of life-saving water for crops, weakening food security and pushing them to the brink of pauperization. In all, 77 major and 86 medium irrigation projects are running delayed by anything...

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Akhilesh seeks changes in food security Bill -Nitin Sethi

-The Times of India UPA's National Food Security Bill is facing resistance from not just opposition parties and other expected quarters such as the Trinamool Congress, but also a crucial ally, Samajwadi Party. Uttar Pradesh CM, Akhilesh Yadav, in a two-page letter to PM Manmohan Singh has said that the bill in its present form won't benefit poorer states and should be amended.  For the UPA, which is already beset with pending...

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