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Mandatory CSR in India: A Bad Proposal-Aneel Karnani

-Stanford Social Innovation Review Looked at from the perspective of the political right, and the left, and the center, the proposed law making CSR mandatory is a really bad idea. Companies all over the world are under increasing pressure to demonstrate that they are responsible citizens, with about 70 percent of large companies in Europe and the Americas reporting on their corporate social responsibility (CSR) initiatives. Despite this, the very concept...

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'Many using MGNREGS labour for their land shifting to horticulture'-Sreelatha Menon

-The Business Standard 42% households that sought employment under MGNREGA and on whose land work was undertaken, did not come back to work on MGNREGA According to a study by the United Nations Development Programme (UNDP) and non-governmental organisation (NGO) Sambodhini, 11 per cent of those who used labour under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for work on their fields recorded a shift from traditional agriculture to horticulture. The...

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Cabinet revises income criterion to exclude creamy layer from OBC list

-The Hindu     Nod to increase income criterion from Rs. 4.5 lakh to Rs. six lakh The Union Cabinet on Thursday gave its approval for increasing the "creamy layer" income criterion from Rs. 4.5 lakh to Rs. six lakh per annum throughout the country. The socially advanced persons and sections, known as the "creamy layer," are barred from reservation benefits for the Other Backward Classes (OBCs). The Cabinet on Thursday said the present income...

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Montek pat, cash for Bihar

-The Telegraph Bihar today drew praise from Planning Commission deputy chairperson Montek Singh Ahluwalia for faring better than other states on per capita income. "Bihar's overall performance during 2012-13 has been very good and its growth in per capita income has been better than the country as a whole. Although the state started with a low base, this still is a remarkable growth," he said after a meeting with chief minister Nitish...

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Prime Minister Manmohan Singh has no cash, owns a 1996 Maruti car

-IANS Guwahati: Prime Minister Manmohan Singh does not have any cash in hand and owns a 1996 Maruti car, unlike many of his colleagues. This was revealed by the affidavit he submitted to the returning officer in Assam on Wednesday while filing his nomination papers for the forthcoming Rajya Sabha elections. Manmohan Singh stated that his total Annual Income is Rs 40,51,964. The Prime Minister also declared his total movable assets to be...

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