Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
More »SEARCH RESULT
Bangladesh Grameen Bank denies diverting cash
Bangladeshi micro-credit pioneer Grameen Bank has described as "total fabrication" claims the institution diverted nearly $100m of aid cash.The denial came a day after Norway said it was examining reports relating to Money from Norway, Sweden and Germany.A documentary alleged that the cash had been transferred from Grameen Bank to other parts of Grameen.Nobel Peace laureate Prof Muhammad Yunus set up the bank in Bangladesh in 1996 to make small...
More »CAG slams 25 top Delhi's private schools by Akshaya Mukul
Delhi's private schools had complained that they were reeling under the burden of having to pay teachers higher salaries recommended by the 6th Pay Commission. A report by the Comptroller and Auditor General (CAG), however, said they used the Pay Commission as an alibi to fatten themselves. In a damning indictment, the auditor held that 25 elite private schools passed on the burden of implementing the recommendations of the 6th Pay...
More »Farmers to denounce “market-based solutions” to climate change by Meena Menon
Alternative Global Forum for Life, Environmental and Social Justice gets under way in CancunVery different from the Arctic temperatures at Moon Palace, where the United Nations climate change conference is under way, a large open-air gymnasium and basketball court is the venue for the alternative Global Forum for Life, Environmental and Social Justice, which began here on Saturday.Protests plannedLed by Via Campesina, or the International Peasant Movement, farmers have been...
More »Indians No. 2 in emigrating, top in sending Money home by Rema Nagarajan
India continued to be the largest recipient of remittances in 2010, with the figure rising from $49.6 billion in 2009 to $55 billion. It was also the country with the second largest number of emigrants (those migrating abroad) after Mexico, according to the World Bank's just-released Migration and Remittances Factbook 2011. Interestingly, even as 11.4 million people from India went abroad, 5.4 million came into the country, making India No. 10...
More »