-Outlook Only 30 per cent of Indian households boast of having at least one member with a ‘portable identity’ like a Passport or a Driving License. Such an identity, points out the economist from New York, is necessary for access to institutions and credit, which is why the biometric based Unique Identification (UID) project is going to be a game-changer. An alumnus of IIT, Madras,, from where he obtained a B.Tech...
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Transparency high for Indian budget: IBP
-eSocialSciences.com India enjoys a high rating when it comes to budget transparency practices. It ranks 14th among the 100 countries that were surveyed. Its open budget index score of 68 out of 100 is much higher than the average score of 43 for all countries covered in the Global Open Budget Survey 2012. The results of the survey were released on Wednesday by The International Budget Partnership (IBP). According to IBP, India’s...
More »NABARD scraps controversial scheme for corporate warehousing -Shalini Singh
-The Hindu The National Bank for Agriculture and Rural Development (NABARD), whose funding of corporate warehousing projects on terms far softer than those offered to poor and often suicidal farmers was highlighted by The Hindu last month, has withdrawn its controversial scheme with retrospective effect under pressure from the Reserve Bank of India. The minutes of a meeting of the sub-committee of the NABARD Board held last month confirm that the RBI...
More »Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
More »Rapists on prowl in loo-less rural Bihar -Madan Kumar
-The Times of India PATNA: At least 400 women and adolescent girls in Bihar would have escaped rape in 2012 had the state government provided toilets to all the households in the state under the Centre-sponsored Total Sanitation Scheme (TSC), now christened Nirmal Bharat Abhiyan (NBA). That's official - sort of. According to police records, rape cases averaged 980-odd every year in Bihar between 2006 and 2011. In the year just gone...
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