In the good old days, there were the Asian Games under Indira Gandhi. Inaugurated by the Empress on her own birthday, November 19, 1982, they seem like a fairy tale now. No leaking roofs weeks before the show; no front-page shockers about crores paid to shady firms; everything going like clockwork under Her Majesty’s eagle eye. Definitely no portly, shifty-eyed Suresh Kalmadi. At that time, there was no Organising Committee. Under...
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Financial inclusion: IIM Indore brings banking to poor by Dibyajyoti Chatterjee
With nearly 60% of the country’s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get...
More »Insurance cover extended for workers under NREGS
The officials of the labour department decided to extend Accidental insurance cover to 12,000 workers who worked 100 days in the National Rural Employment Guarantee Scheme (NREGS) works. These workers will get Accidental insurance cover up to Rs 2 lakh. They are eligible for pension scheme also implemented by the labour department. The women workers are entitled for maternity benefit. If they contribute to the pension fund, they will get pension....
More »The slow pursuit of justice
EVEN AS BP battles to check the damage caused by the oil spill in the Gulf of Mexico, India is showing how far it is from recovering from its own worst industrial Accident. A group of government ministers appointed to suggest remedies for the disaster in 1984 at Bhopal, in central India, made its recommendations on June 21st. It urged the government to step up its efforts to extradite Warren...
More »The multiple dimensions of poverty by Rajesh Shukla
In June 1991, the country embarked on a bold adventure by exposing to market vicissitudes its insulated manufactories, regulated (but pockmarked with soft spots) financial markets and inexperienced economic players. An economy, in those days, was about people, not giant factories and ships with riches. Though successive governments have secured the reformative underpinnings of the liberalisation process, it is to the credit of players in India that the sublime quest...
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