-The Telegraph Two prominent leaders of India Inc have slammed the way Parliament has virtually been locked down by “misconceived and unfortunate” protests against foreign investment in retail — a decision they termed “an essential part of India’s growth story”. The concerns and an appeal to farmers, consumers and common people have been flagged in an open letter by Ashok Ganguly and Deepak Parekh. Ganguly, a Rajya Sabha MP, is a former...
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Parekh, Ganguly ask India Inc to back govt’s FDI in retail move
-The Times of India HDFC chairman Deepak Parekh and Member of Parliament Ashok Ganguly have appealed to Corporate India to come out strongly in support of a besieged government, which is overwhelmed by opposition to its proposal to open up foreign investment in retail. The two senior business leaders are part of a group of 14 eminent citizens who came together to raise the issue of policy paralysis and later on the...
More »Counting the poor
-Live Mint China nearly doubled its rural poverty threshold last week, in a move that will make an estimated 130 million people (or nearly one-tenth of its total population) eligible for various social support schemes funded by the government. China has now tweaked its poverty line for the fourth time in four years. Poverty lines are not set in stone. They have to be regularly changed. This development comes just as the...
More »Aruna Roy’s NCPRI slams exclusion of lower bureaucracy from Lokpal by Himanshi Dhawan
Aruna Roy-led National Campaign for People's Right to Information (NCPRI) has criticized the exclusion of lower bureaucracy from the draft Lokpal bill terming it as a loss for the common man. It has also demanded that the CBI should be brought out of the administrative control of the government for it to be effective in tackling corruption. The activists have echoed concerns already raised by Team Anna which has demanded...
More »Wadhwani foundation, NASSCOM join hands to place disabled
-PTI An "Accessiblility Initiative" to employ over 2000 people with disabilities in IT-BPO industry was launched here today as part of helping the IT sector take forward the thrust on inclusion and diversity. Collaborating for the two year advocacy and job placement campaign with a grant of Rs 48 lakh, the Washwani Foundation and NASSCOM Foundation aim at enabling IT-BPO companies to recruit and place the maximum number of young adults with...
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