-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
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An abomination called AFSPA-Sanjoy Hazarika
-The Hindu Mr. Chidambaram has sought to blame the Army for the failure to repeal the draconian Act but the government is equally guilty as it has abdicated responsibility in the matter At an institute that is virtually owned, funded and run by the Ministry of Defence (MoD), Union Finance Minister P. Chidambaram did the unthinkable the other day. He virtually attacked the Army for refusing to review and amend the draconian...
More »Undertrials in jail for long may be freed -Deeptiman Tiwary
-The Times of India Undertrials languishing in jails for long years because of their inability to secure bail may soon be released following the Centre directive to all states and Union Territories to review such cases. Saying only the poor and indigent continued to be in jails for long periods and that too for minor offences, the Centre has asked states to release all such undertrials who have completed half the maximum...
More »A scheme that made a difference to their lives-T Ramakrishnan
-The Hindu Chennai: The Tamil Nadu experiment of engaging thousands of differently abled persons under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has prompted the Union government to replicate the model in the rest of the country. “We have incorporated the TN model in our national guidelines,” according to Union Minister for Rural Development Jairam Ramesh. What has impressed the Centre is not only the extent of engaging the differently-abled but...
More »People, The Real Estate-Pragya Singh
-Outlook A new land acquisition bill readies for budget session. How will it fare? Bill Of Blights Defines “public purpose” too broadly, allows govt to acquire land for PPPs Less landowner consent required for PPPs than private-only projects The bill’s compensation norms likely to face strict challenges in the courts States have been given R&R powers but could lead to arbitrary outcomes Doesn’t consider govt projects where compensation, R&R are neglected *** The...
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