-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
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For a few dollars more -Dipankar Bhattacharyya
-The Hindustan Times The industries opened up to foreign investment in the past 20 days produce less than a tenth of India's national income. On the face of it, this number is too small to justify the opposition to foreign direct investment (FDI) in supermarkets, airlines, insurance and pensions. Or the government's resolve to open these businesses to foreigners with or without majority control. The picture changes when you see how fast...
More »Washing off this stain will need more -Agrima Bhasin
-The Hindu The Supreme Court’s unyielding criticism of the government for not eradicating the practice of manual scavenging was the springboard for the Ministry of Social Justice and Empowerment to introduce the Prohibition of Employment as Manual Scavengers and their Rehabilitation Bill, 2012 in the Lok Sabha on September 3. Welcomed as a panacea for the historically iniquitous, caste-ordained practice of manually handling human waste, the new Bill indicates renewed commitment...
More »UN chief hails progress in scaling up maternal and child nutrition worldwide
-The United Nations High-level political and private sector officials today met in New York to fight childhood and maternal under-nutrition with Secretary-General Ban Ki-moon praising the progress made so far, while stressing the importance of continuing to boost efforts on this front. “Every household needs to be able to afford safe, nutritious foods. Markets need to be open and fair. The poorest people need to know they can count on social protection...
More »Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine
-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...
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