Private unaided schools do not seem too upbeat about implementation of the new Right To Education. The School Action Committee (SAC) – an umbrella body of four school associations in the city – made it clear on Thursday that the burden of accommodating 25%EWS students for free was "too much" for private schools. They said the schools would now be forced to increase fee for other students. SAC is also...

Good things should not be curbed. Certainly not a legislation to which so much is owed by so many. The Right to Information Act is a fundamental democratic achievement for India, one that took a long time in coming for a proclaimed democratic state. And when it did, the system became more transparent, if not cleaner. Ordinary citizens, urban and rural, with little or no ability to negotiate their way...

Speculative traders are making super-profits by fixing prices in the onion trade while the government is playing around with ad hoc fixes. On Tuesday alone, wholesale traders in Delhi bought onions at about Rs 34 per kg while it was sold in retail at Rs 80 per kg. That's a margin of Rs 46 per kg or 135%! About 11,445 quintals of onion were bought in the Delhi wholesale markets on...

Fearing a default from Andhra Pradesh-based microfinance institutions (MFIs), whose cash flows have been disrupted by new laws, lenders have asked RBI to ensure stability by bringing the sector under its purview. In a meeting called by the Reserve Bank to discuss funding of MFIs, it asked banks whether the institutions were repaying loans on time and if the end-borrower was suffering because of the credit crunch faced by them. RBI...

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...